News

Strike plans exploration

A $228,000 exploration program has been recommended for Strike Minerals’ Thesaurus property located 12 miles northeast of Matachewan, Ont. The program will examine several surface showings associated …


Anchor/Greenstone in Colombia joint venture

A joint venture agreement between Anchor Gold and Greenstone Resources will fund exploration work on Anchor’s Payan placer gold project on the Magui River in southern Colombia. Under the agreement, bo…


Levon finds high grade gold on Oil prospect

Vancouver-based Levon Resources says it has encountered high grade gold at its Love Oil joint venture property 100 miles north of Vancouver in the Bridge River Valley which adjoins the former Bralorne…


Nor-Acme, High River dewatering Snow Lake mine

Dewatering at the former producing Snow Lake gold mine in Manitoba has reached the 450-ft level, partners Nor-Acme Gold Mines and High River Resources say. The target depth is 1,780 ft, the lowest min…


Books Canadian Oil & Gas Handbook 1987-88

CANADIAN OIL & GAS HANDBOOK 1987-88 Published by Northern Miner Press Limited, 7 Labatt Ave., Toronto, Canada M5A3P2, 304 pages. Available in paperback at $32 or with leatherette cover at $36. Add $3 …


Riverton options Belleterre property

Riverton Resources has acquired an option to earn 100% of Brosnor Exploration’s interest in the former producing Belleterre gold mine in Guillet Twp., Que. At the time of the mine’s closing in 1966, r…


Total Erickson may acquire additional Getty shares

Holding an 11.6% equity position already, Total Erickson Resources has not ruled out acquiring more stock in Vancouver-based Getty Resources. At present the company owns approximately 1,089,300 Getty …


New Quebec Mining Act to take effect in 1988

A new Mining Act for Quebec passed in June of this year, to help simplify administration of the mining law in the province, is scheduled to come into effect April 1, 1988. The Mining Act currently in …


Chinese exhibition

Mining China ’88, an international mining equipment exhibition, is being organized for Oct 4-9, 1988, at Beijing, China. Hosting the show will be the China Council for the Promotion of International T…


Electra/Minerex start Nevada heap leach mine

Two more Vancouver companies have joined the list of heap leach gold producers in Nevada. Joint venture partners Electra North West Resources and Minerex Resources started gold pours in late October a…


Editorial Tax Reform hurts base metal miners

These glory days for gold are overshadowing the importance of base metals to Canada’s mining industry to the point where the future of base metal mining in Canada is not at all clear. The last thing t…


Equinox gets new US gold property

Plans for a new heap leach mine in southern California are high on Equinox Resources’ agenda following its acquisition of the Zenda gold property, located 40 miles east of Bakersfield in Kern Cty. Equ…


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