News


Taywin high grade

High grade gold and silver values have been drilled by partners Taywin Resources (VSE) and BP Minerals on the Electrum property in B.C. Located on Vancouver Island, the property hosts narrow high-grad…


Claude discoveries

Two gold discoveries have been made by Claude Resources (TSE) on properties in Saskatchewan and in the Northwest Territories. On the Grassy project in Saskatchewan, Claude geologists re-examined a for…


Pierce Mtn gets option of Ferro bet

Pierce Mountain Resources (VSE) has acquired an option on the Ferro gold property near Snow Lake, Man. Based on a consultant’s report, the Ferro property hoses reserves of 73,000 tons grading 0.39 oz …


Echo Bay mill to handle 5,000 tons ore per day

Described by Chairman Robert Calman as a company “writing its history on the run,” Echo Bay Mines (TSE) is aiming to produce about 550,000 oz gold this year and more than 700,000 oz in 1989. The compa…


Faro mine shut down due to strike

About 300 employees at Curragh Resources’ Faro lead-zinc mine are off the job after voting in favor of a strike June 10. While about 150 administrative workers and engineers not connected with the uni…


Nugget effect could mean higher grades at McFinley

There seems to be little doubt that the third gold producer in the Red Lake, Ont., gold camp will be up and running in October. Located at Bateman Twp., about five miles north of the defunct Cochenour…


Mohave bids with Homestake for Nelson land position

Calgary-based Mohave Gold (ASE) recently poured the first 7-lb gold/silver dore bar from a tailings project at Eldorado Canyon mine in Nevada where the company is bidding against Homestake Mining for …


Metal Snips (June 20, 1988)

Copper wire rod production in the U.S. reached an estimated 1.6 million tonnes in 1987, the highest level so far during the current decade, says Copper Studies, the monthly periodical for the copper i…


Seabright sinking

Operations at the Beaver Dam and Forest Hill gold mines, purchased by Western Mining Corp. late last year, are well below original expectations. Located in Nova Scotia, the properties were developed b…


Grab Samples (June 20, 1988)

Senior management at Lac Minerals is remarkably youthful — the average age of those holding the seven top management positions early this year was 49 — but that hasn’t prevented a couple of key pers…


Tandem sees another busy year

With a number of ongoing projects, Tandem Resources (ME) will be quite active in exploration again this year, President Stanley G. Hawkins told shareholders attending the company’s annual meeting, exp…


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