Books (May 23, 1988)
Silver Islet: Striking It Rich In Lake Superior by Elinor Barr. ISBN 0-920474-4-1, 160 pages plus endpaper maps, archival photographs and extensive memorabilia. Premiere edition in a planned series of…
News
Goldbrook in Beardmore area
Goldbrook Explorations has acquired an option to earn a 50% interest in a 65-claim property 50 miles north of Beardmore, Ont. Located near the Onaman River, the property covers several polymetallic de…
St Andrew finances Stock Twp mill
Toronto-based St Andrew Goldfields (TSE) has raised approximately $22.1 million through a European financing for construction of a 500-ton-per-day mill at its Stock Twp. property near Timmins, Ont. Un…
Cliff’s Green Hill mine in production
Toronto-based Cliff Resources (TSE) is putting one of North America’s biggest placer gold mining operations through its paces as it attempts to locate additional reserves along the Olinghouse mining d…
Michele Gold seeking funds for three drilling programs
VSE-listed Michele Gold Mines is attempting to raise funds for exploration on three properties, all in Ontario. The company has an option to earn a 49% interest from TSE-listed Cathedral Gold Corp. in…
Galactic earmarks $4 million for yukon property in 1988
Another $4.25 million will be spent this year at Galactic Resources’ (TSE) Wellgreen property in the Yukon. The work program will also include metallurgical and environmental studies “with the goal of…
Require more registrants, conference organizers say
Canadian organizers of an international conference on hoisting, to be held in Toronto next month, are disappointed by the number of advance bookings they have received from mining companies in Canada….
Discovery could boost Newfoundland Zinc
What appears to be an important new zinc discovery has been made by Teck Corp. (TSE) at its Newfoundland Zinc mine near Daniel’s Harbour. The mine is owned 63.4% by Teck and 36.6% by a unit of Amax In…
N. Am. Rare Metals issues flow-throughs
North American Rare Metals ME) reports it will be receiving $650,000 from MVP Exploration (1988) and Co. Ltd. Partnership for the issuance to MVP of 755,814 flow-through shares, pursuant to an explora…
Bagdad permits still elude Mark V
Development work continues at the Bagdad gold mine in Granite Cty., Mont., where Mark V Petroleums and Mines (VSE) is planning to start a small 200-ton-per-day operation, June 30. While the Vancouver …
Campbell cutting costs Henderson may close, Joe Mann shaping up
The Henderson II mine owned by Campbell Resources (TSE) is living on borrowed time and could be shut down if a $500,000 exploration program fails to increase the operations gold reserves. Proven reser…
Obituary Frederick G. Cooke
Frederick G. Cooke, a well known consulting mining engineer, died recently in West Vancouver. He started his career with Falconbridge Nickel in 1939 and later served overseas with the RCAF where he ac…