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Freewest options Noranda property

Freewest Resources has acquired an option on claims held by Noranda Exploration in the Harker- Holloway area north of Kirkland Lake, Ont. Freewest has the right to earn a 32% interest in the Noranda c…



People (July 20, 1987)

M.A. Hanna Co. — M. Jan van Veelen appointed director of European iron ore sales; Edward G. Jaicks named manager North American iron ore sales.


Construction work gets under way at Ketza River

Construction work has started on the Ketza River project of Canamax Resources and Pacific Trans Ocean Resources. Camp facilities are being installed, clearing of the mill site is under way, and road a…


Energy ups holdings adjoining Owl Creek

Energy International Overseas Corp. has now acquired 16 contiguous claims in the Timmins area adjoining Falconbridge’s Hoyle Pond and Owl Creek gold mines on the north, Geo. S. White, president, advis…


NSR helps finance exploration work on Rand Malartic

Toronto-based NSR Resources has obtained regulatory and shareholder approval to finance about half of a $4.4-million exploration program at the Rand Malartic property in Quebec. The balance of the fun…


owl Creek, Hoyle Pond are attracting interest

There’s been a lot of potential buyer interest since it was reported that Falconbridge Ltd. was considering selling off its Owl Creek and Hoyle Pond gold mines at Timmins, Ont., according to Falconbri…


Northair fends off hostile takeover bid

As anticipated, Northair Mines successfully defended a hostile takeover bid by Nanaimo-based Nor-Quest Resources. At the annual meeting a relieved Northair President Donald A. McLeod announced almost …


New gravel road to access Canamax and Magino mines

Construction of a 14-km all- weather commuter road, linking two new mine sites in the Goudreau-Lochalsh area near Wawa, Ont., is scheduled to begin later this year. While construction rests on the res…


ATLANTIC REPORT Noranda hits significant values

Noranda Exploration continues to be active in the Atlantic provinces. On its Tally Pond-Duck Pond project in central Newfoundland the company has intersected significant precious and base metal values…


Cominco steps up pace of property evaluation

Turning a supertanker around in a narrow channel is tricky business. Sometimes you have to come to a full halt to change direction, an analogy that probably applied to Cominco before it was taken over…


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