News


Reserves increased for Cominco Resources

Cominco Resources International says it has increased potential copper-cobalt reserves at its Sheep Creek project in Montana. The property falls under a joint venture agreement with BHP-Utah Minerals …


Underground work starts at Esperanza Tillicum bet

An underground development program is under way at Esperanza Explorations’ Tillicum gold property in the Nelson area of B.C. By the first w eek in July, the 2,112 level had advanced another 220 ft and…


COATS Trading Features (July 20, 1987)

Langis Silver Cobalt was one of the week’s best performers. It was up 30 cents to close at $1.40. Although no formal decision has been made, a 1,200-ft shaft is planned to develop one of the company’…




Ontex acquires Ontario leases

Ontex Resources has reached an agreement with Cherbourg Gold Mines to acquire its 10% net profits interest in 15 mining leases in Irwin Twp., Ont., which abut the Brookbank property on the west. The t…


Missinabie exploration funded by Q-Vest issue

First General Mine Management and Gold Corp. of Toronto, has signed a flow-through agreement to earn up to $150,000 for exploration at its Missinabie area gold properties near Wawa, Ont. Under the agr…


Tundra moving drills to platinum project

Two diamond drills are being moved to Tundra Gold Mines’ platinum- palladium prospect on the Labrador Trough (Permit area No 737) and should be operating before month-end, the company advises. What it…


Mining omitted by Ottawa in program for Ontario

Mining observers here say a $55-million economic development program announced July 13 doesn’t do much for the industry. Michel Cote, minister of regional industrial expansion, and James Kelleher, fed…



Editorial Boosting Technology Transfer

Politicians and academics have long played lip service to something they call “technology transfer” — making sure the discoveries that are made in our research institutions are introduced to our mine…


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