Teck to develop Ajax orebody
Teck Corp. (TSE) has announced plans to develop its Ajax copper-gold deposit near Kamloops, B.C., about six miles from its Afton mill. Theproperty is held by Afton Operating Corp. a 73%-owned subsidia…
News
Preliminary Ore Reserve Released For Bellavista Project
Results of a preliminary ore reserve and open pit design study undertaken on the Bellavista gold project in Costa Rica were recently released by project operator, Rayrock Yellowknife Resources (TSE). …
Echo Bay To Develop Doc Property in Sulphurets Camp
A major work program under the direction of Echo Bay Mines (TSE) is under way at the Doc property near Stewart, B.C. Earlier this month, the major mining company was granted an option to earn a 50% wo…
Westbank find in Ben Nevis
Westbank Resources (VSE) has discovered a polymetallic showing on its property in Ben Nevis Twp., Ont. The find is located less than a mile from the Peter Roche showing on which a 325-ft shaft was sun…
MinVen faces delay at Gilt Edge mine
Leaching operations have been delayed at MinVen Gold Corp’s (TSE) Gilt Edge mine in South Dakota because of a leakage problem with a leach pad. Seepage was detected in the upper liner of the multiple-…
Vancouver Stock Exchange (November 07, 1988)
Although eastern markets and the Canadian dollar slumped in sympathy with the Tory drop in the polls, the VSE ignored all that and had one the busiest, most exciting trading periods seen here for quit…
United Keno losses
United Keno Hill Mines (TSE), an affiliate company of Falconbridge Ltd reported another loss, this time for the third quarter ended Sept 30. For the period, the silver mining company lost $1.9 million…
Panorama developing Platoro project
Since taking over as operator of the Platoro project in southern Colorado just over a year ago, Panorama Resources (VSE) completed 1,500 ft of drifting on the 9,700-ft level and drove a decline to the…
Investment Comment Corona warrants deserve close look
Two recent events may be causing some of our readers to take a closer look at the warrants being offered by Corona Corp. (TSE). Those events are the merger of Corona’s five predecessor companies (Inte…
New reserves for Cathedral
A new reserve estimate has been prepared for the AT zone at Cathedral Gold Corp.’s (TSE) Porcher Island property 35 miles south of Prince Rupert, B.C. The latest estimate is based on 78 holes represen…
Stratmin graphite mining set for February, 1989
Stratmin Inc. (ME) has signed a 15-year agreement with Asbury Graphite Mills which gives Stratmin the right to lease and operate Asbury’s mill near Notre- Dame- du-Laus, Que. The lease will enable Str…
Letters to the Editor Geological grads better equiped
I have pondered for several years the potential role of mining geologists in rock mechanics/strata control aspects of mining, and agree with the comment in your editorial (N.M., Oct 17/88. “Rock mecha…