LETTERS TO THE EDITOR “Disgusting letter”
I have read some disgusting letters to the editor but the one to your paper from David Somerville (N.M., Nov 9/87) takes the cake. Big unions against free trade, especially Bob White, he says. I am ag…
News
Faraway slates further drilling on B.C. claims
Additional drilling is slated in l988 on Faraway Gold Mines’ Sam claim group near Equity Silver’s mine southeast of Houston, B.C. Preliminary results from a $500,000 program carried out this year, in…
Hector completes drilling B.C. gold/ silver claims
A 2,000-ft drill program on Hector Resources’ gold claims in the Iskut River area of northwestern B.C. has produced encouraging gold assays. Hector has a 100% interest in the claim group, which adjoin…
Bitech drill program
A 14,000-ft diamond drill program has been started by Bitech Energy Resources on the company’s Tache Lake gold-zinc property near Chibougamau, Que. The program is designed to outline and confirm ore r…
Granges/Windflower plan $3 million work program
A $3-million underground exploration program is planned by Granges Exploration and Windflower Mining on their Goldfinch property near Revelstoke, B.C. Granges President Michael Muzylowski believes the…
Editorial The Loony’s not a lame duck
If you can believe recent press reports, Canadians are reacting with a considerable lack of enthusiasm to the new $1 dollar metal coin, introduced just a few months ago (early July, to be exact). One …
Analysts watch Homestake for Pickens’ move
After failing to gain control of Newmont Mining Co., Texas oilman T. Boone Pickens may be preparing for a run at another major American gold producer, a New York-based mining analyst says. “Early indi…
Fairfield/Getty program yields impressive results
An impressive-looking zinc discovery has been made west of Watson Lake, Yukon, by Fairfield Minerals and Getty Resources. Only a portion of the structure hosting the deposit has been tested and geolog…
Aster Explor offering
Following the downturn in the stock markets in October, Aster Exploration has decided to make changes to its recent public offering. The company’s $2.8-million offering consists of common and flow-thr…
Galactic and partners withdraw Newmont offer
An offer by Ivanhoe Acquisition Corp. to purchase 28 million common shares of Newmont Mining has been withdrawn and shares will be returned to the tendering shareholders. Ivanhoe is comprised of affil…
Books (November 30, 1987)
A new worldwide reference book on open-pit gold operations, titled Gold-Silver Bulk-Tonnage Deposits, has been published by Minobras Mining Services and Research, P.O. Box 1620, Fallbrook, Calif., 920…
Rea Gold developing adit
An adit is being driven into the L98 massive sulphide lens at Rea Gold Corp.’s concession zone in the Adams Lake area of British Columbia. President Larry Reaugh says the $2-million exploration progra…