Cane Corporation in joint venture
Cane Corp. reports it has a joint venture agreement with Cominco Ltd. to test several geophysical conductors in the Grassberry River area of Saskatchewan. Cane says it can earn a 40% beneficial intere…
News
ENVIRONMENTAL AWARD for Mine Doyon
La Mine Doyon in northwestern Quebec recently won an award for environmental protection at the eighth annual Mercuriades competition in Montreal. Organized by the Quebec Chamber of Commerce, the Mercu…
Funds committed
Perrex Resources says it expects to spend most of its exploration funds — $2 million this year and $1 million in 1988 — in the Harker Holloway gold camp area in northeastern Ontario, on its property…
Golden Reward fight could be ended soon
An agreement in principle has been reached between the various parties involved in an ownership dispute over the Golden Reward gold project in South Dakota. Coin Lake Gold Mines says that all the part…
People (March 09, 1987)
Equity Silver Mines — R. T. (Terry) Heard appointed general manager exploration.
Lakeshore program
Geochemical sampling has been completed on Lakeshore Minerals’ property in Maricopa Cty., Ariz. The work has identified several zones of anomalous gold values associated with arsenic and antimony. Du…
17 Canadian gold properties ready to go into production
Seventeen Canadian gold mining projects have been given the green light to go into production which, combined, will add almost a million ounces of gold to the country’s annual output. All but five of …
$4.5 million programs in Massive group plan
Massive Resources and associated Master Resources, and Sands Minerals have adjacent claims in the Favourable Lake, Pickle Lake and Pangis-Batchawana areas of Ontario. Recently, Massive acquired an opt…
Eider bulk sampling
A bulk sampling program is under way on Eider Mining Resources’ Lac Rose gold property. Located in Quevillon Twp., Que., the Lac Rose property is being examined by an underground exploration program. …
Cons. TVX acquires more S.A. interests
Toronto-listed Consolidated TVX Mining Corp. has signed letters of interest whereby TVX will issue shares from treasury to purchase interests in three Brazilian gold mining companies as well as an opt…
Giant Bay will start process test in N.W.T.
The first large- scale test of Giant Bay Resources’ biotankleach process should commence this April in the Northwest Territories. The company recently concluded a joint venture agreement with Giant Ye…
Exploration programs under way for Preussag
Exploration programs of Preussag Canada are continuing in northwestern Ontario and Mattagami, Que. The Ontario program is a grassroots play to follow up input airborne surveys which have indicated an …