News

The following is taken from Starrex Mining Corporation’s shareholder report for the 6-months ended June 30 as an example of how a mining project can work out. Other partners in the mine are Saskatchew…

An option agreement has been completed between Champion Gold Resources (VSE), Power Explorations (TSE) and Moss Resources (ASE). The deal gives Champion the right to earn a 50% interest in Power’s Ohm…

Noah being a sensible sort of chap, never made an investment without first consulting his weather charts. They, plus the inevitable good advice from upstairs, told him that the best investment he coul…

Recently, General Electric Co. announced it was closing its Hawthorne plant in Chicago, Ill. For those of us who have followed the evolution of “human resources management” in business, the closing of…

A 5-hole diamond drill program operated by Delaware Resources (VSE) is now under way on the 10,500-acre Iskut River joint venture property adjoining the Snip project in northern British Columbia. The …

I refer to the article on page 13 of the issue dated Sept 19, 1988, of The Northern Miner headed “Orofino drill results.” The opening sentence of the article is misleading in that reference is made to…

Negotiations on a preliminary agreement land claim settlement in the Yukon Territory are expected to wrap up within two weeks, on the orders of federal Northern Development Minister Bill McKnight. If …

In a surprise move, Hemlo Gold Mines (TSE) picked up approximately 9.8% of the outstanding common shares of Granges Exploration (TSE). Owned 51% by Noranda Inc. (TSE), Hemlo Gold paid $9.1 million for…

Described as Canada’s largest undeveloped gold resource, the Tundra deposit is reported to host potential reserves of some 32 million tons grading 0.20 oz gold per ton. The deposit is located 130 mile…

The mining industry has a standard and accepted way of reporting reserves. First, the reserve category — proven, probable or possible — is given, then the tonnage and grade. But a new practice has …

The assets of Esso Minerals Canada, recently put up for sale by parent Imperial Oil (N.M., Sept 26/88) include several interesting gold prospects. In the Toodoggone area of northern British Columbia, …

For JoAnne Nelson, project geologist working withing the Canada- British Columbia Mineral Development Agreement, the past has come alive in an unusual way. In June, 1987, The University of British Col…