McAdam toamalgamate with Tashota, Quinteko
An amalgamation of three junior-mining firms — McAdam Resources (TSE), Tashota-Nipigon Mines (VSE) and Quinteko Resources (ASE) — is in the works. Exchange ratios for the amalgamation, for which sha…
News
Noranda celebrates 25th anniversary of Technology Centre
Noranda Inc.’s Research Centre at Pointe Claire, Que., now celebrating its 25th anniversary, has been re-named the Noranda Technology Centre, to reflect the role it plays in developing the technology …
Queries Kennco can earn 30% of Dundee/N.A. bet
I am writing to enquire about the Dundee-Palliser/North American Rare Metals’ Vezza property near Matagami, Ont. According to rumors, upwards of two million tons grading 0.25 oz gold per ton are conta…
Noranda/Destiny continue drilling Windjammer bet
A Phase II exploration program valued at $787,500 is under way on the Windjammer property near Timmins, Ont. And, according to Destiny Resources, (VSE) a Vancouver junior in the Prime Capital fold, pa…
Messeguay reserves
A mineral reserve (probable and possible) of at least 541,300 tons grading 0.12 oz gold per ton is indicated to date for zone 75 at the Launay-Privat property located 30 miles northeast of Rouyn-Noran…
Michele deal ended
An option agreement between Michele Gold Mines (VSE) and Cathedral Gold Corp. (TSE) has terminated. Under the agreement, Michele had the right to earn a 49% interest in Cathedral’s Addington gold prop…
People (July 25, 1988)
HUDSON RESOURCES — Peter Haladin acting as president and director due to the resignation of Joseph Balint.
Fountain Lk. drills on Boundary zone
A drill program is under way on the Fountain Lake project located 75 miles west of Thunder Bay, Ont. The project is a joint venture involving International Maple Leaf Resource Corp. (VSE) and Tamavack…
Deep Hemlo hole is teaser for Noranda and Interlake
About five years and $6 1/2 million after they embarked on a joint venture to look for a deep-seated extension of the same formation which houses the Hemlo, Ont., gold mines, partners Noranda Explorat…
Texas Star exploring Seattle mine property
An underground exploration program is under way at the Seattle Mine/Flag Hill property at Republic, Wash. The program is being funded by Texas Star Resources (VSE) which can earn a 50% interest in the…
Editorial We’re way behind on market regulation
We in this country are subjected to essentially the same market forces — including the excesses and abuses — as are our big neighbors to the south. Yet all too often we follow but lag behind their r…
Investment comment Falconbridge issue expected to lag
Riding on some of the healthiest commodity prices seen in recent years, Falconbridge Ltd. (TSE) went into fiscal 1988 in what can only be described as sterling financial shape. The Toronto-based nicke…