Bethlehem focus on mining
Having recently changed its name from Parkside Petroleum, Bethlehem Resources is now changing its focus from oil and gas to mining. Headed by Henry Ewanchuk, a past president of Mascot Gold and former…
News
Some exploration projects in 1987-88 in Red Lake
The following is a list of exploration in the Red Lake area over the past year and projected activities for 1988. Re-exploring known sites Much of the exploration activity in 1987 was dedicated to …
Liquid coal is on the horizon
There was once a time when almost every home had a coalbin in the cellar. Shiny black nuggets rolled into the bin from the coalman’s truck providing fuel for the furnace. The coalbin held a certain fa…
Silver Standard maintains British Columbia efforts (March 07, 1988)
With major programs completed on several of the company’s properties, 1987 was a busy year for Consolidated Silver Standard Mines, shareholders learned at the annual meeting. Approximately $1 million …
Eastmain drill targets
A basal till sampling program has identified 28 geochemical gold anomalies in the Eastmain River area of Quebec, Eastmain Resources says. Of the 28 anomalies, 21 will be followed up with more sampling…
Kewagama placement
A private placement with a company director has been reduced to 100,000 common shares at $1.10 per share because of current market conditions, Kewagama Gold Mines (Quebec) reports. Also, subject to re…
Metals fights Homestake
Major owners: * North American Metals (50%), Chevron Canada Resources (50%) Commodity: * gold Discovery date: * 1985 Production decision: * August, 1987 Start-up: * fourth quarter, 1988 Capital costs:…
Fairbanks hosts heap-leach course
A short course on the recovery of gold from ore using heap leaching technology is being presented at the Alaska Civic Centre, March 22-23, in Fairbanks, Alaska. Presented by the Alaska Departments of …
Firm gold price aids Kiena profit
Kiena Gold Mines realized net income of $9.56 million or 81 cents per share on revenue of $39.6 million in 1987. The Placer Dome affiliate attributes the improved bottom line to stronger gold prices w…
NovaGold plans financing for U.S. work
Levesque Beaubien will test the financial waters “in the next little while,” to raise exploration funds for NovaGold Resources, The Northern Miner has learned. Geological consultants, Watts, Griffis &…
News in Brief (March 07, 1988)
Atlas Yellowknife Resources has changed its name to PanAtlas Energy Inc. (pa:tse) on a 1-new- for-12-old share basis.
Gateford drills strong hole
A strong drill intersection has been completed by Gateford Resources on the company’s Cooper gold property. Located 10 miles northeast of Madoc, Ont., the property was partially developed by a shaft i…