Inco gives green light to Montana gold mine
Toronto-based Inco Gold and Homestake Mining have elected to go ahead with a new gold project at Jardine, Mont. One of the principal properties in the Inco Gold portfolio, the project is a 50%-50% joi…
News
Cross-Cuts WHERE’S THE FIRE?
Designers in Moscow say they have developed a device that can locate and extinguish pit fires in coal mines in a matter of minutes. The device fills the pit with liquid helium, which chokes out the fi…
Letters REFRESHINGLY UNRADICAL
I read with interest James Borland’s recent article on “Environ mental Detente” (November, 1987, issue). It was gratifying to see Roy Aitken, Ian Smyth, and Dave Morton man as signators of the joint t…
Core shack PORPHYRY SILLS: The Colomac Property
Colomac, located 137 miles north of Yellowknife, N.W.T., contains proven and probable reserves in Zone 2 of 16,027,000 tons averaging 0.064 oz gold per ton in a fractured and altered quartz-feldspar p…
16Vista pleased with results on metallurgical test at Rio
Metallurgical tests completed on rock fron Vista Mines’ Rio property have returned encouraging results. Material sampled from the 225-ft level had a composite head grade of 0.24 oz gold per ton. Direc…
Metal Prices FREE MARKET (February 01, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Jan. 26 Jan. 25 Jan. 22 Jan. 21 Jan. 20 Copper 1375.5-1376.5 1418-1420 1395-1400 1377-1381 1425-1430 Lea…
Newfields pleased with Narrows results
Several encouraging drill intersections have been drilled by Newfields Minerals on the company’s Teck-Hughes property near Kirkland Lake, Ont. Drilling on the Narrows Break zone returned a 6.8-ft sect…
Canhorn selling Citadel shares to investor group
Toronto-based Canhorn Mining has announced a plan to sell almost all of its 34.5% interest in Citadel Gold Mines to a group of Toronto investors. While Citadel is the 100%-owner of a Wawa, Ont., gold …
Sirious/Eaglet drill Adams Plateau claims
A $285,000 geophysical and diamond drilling program is being undertaken by joint venture partners Sirious Resource and Eaglet Mines on Adams Exploration’s precious metals-massive sulphide claims on th…
COATS Trading Features (February 01, 1988)
Much troubled Carolin Mines, which was plagued by all sorts of problems at its Ladner Creek, B.C., gold property several years ago, is being thinly traded on coats. The issue was quiet at $1.15 this w…
Huldra stockpiling ore at Treasure Mtn.
An initial bulk sample from Huldra Silver’s Treasure Mountain property east of Hope, B.C., has netted the company $344,265. The 407-ton sample, obtained from surface mining of the C vein, was processe…
Coal Association, Canmet fund new research study
A new study to jointly recommend new coal research and development plans will be funded by the Coal Association of Canada, and the Canada Centre for Mineral and Energy Technology, (canmet). A joint an…