Teck/Corona mining to the max in Hemlo
It’s full steam ahead in 1987 for the Teck/Corona gold project here in the booming Hemlo camp. Though still in the development stage, the David Bell mine is already contributing to Teck’s and Corona’s…
News
Queries Interquest busy on both sides of border
I heard that Interquest Resources is doing some work in Arizona. What’s the story? I.M. Toronto Your information is quite right. Last summer Interquest Resources entered into an agreement with Stan We…
People (February 23, 1987)
ST. JOE GOLD CORP. – John A. Wright elected chairman succeeding Peter J. Neff who has resigned.
Report from Calgary Dawson Eldorado options Nevada bet
Results of a diamond drilling program on the Lone Star gold property near Dawson, Yukon Territory, have been announced by Dawson Eldorado Mines. The program, operated by Arbor Resources, was conducted…
Dickenson profit up
Dickenson Mines realized earnings before extraordinary item of $4.1 million or 36 cents per share in 1986. This compares to earnings of $1.7 million or 16 cents per share realized in 1985. After an …
Goldex hopes to complete mine evaluation this year
Goldex Mines is hoping to complete an initial underground evaluation at its gold property by mid- year, the company says in its annual report to shareholders. Located in Dubuisson Twp., Que., the prop…
Letter to the Editor Merrithew offers flow-through figures
I have read with interest your article in the Dec 15 issue of The Northern Miner (“Merrithew urges support of flow- through program”) and I am pleased to see that you have taken my message to the wid…
Lac signs agreement with union at Doyon
A 3-year collective agreement has been signed between Lac Minerals and the United Steelworkers of America local 9019, which represents hourly employees at the Doyon gold mine, in Quebec. Owned equally…
Vista drilling new zone on Bootleg property
A 12,000-ft diamond drilling program is meeting with encouragement at the Bootleg Lake property held by Vista Mines. Located 5 km south of Flin Flon, on the Manitoba-Saskatchewan border, the Bootleg p…
Teck earnings rose in quarter
The latest quarterly earnings for Teck Corp. included revenues from the David Bell mine at Hemlo which produced 23,100 oz gold during the period. Teck reported net earnings of $6.5 million or 12 cents…
Duration drilling Casa Berardi claim
A $600,000 drill program has been started by Duration Mines on its Casa Berardi area property. The drill program will concentrate on the gold-bearing porphyry shea r system which intersected visible …
Impressive values hit at Sumac gold project
Sumac Ventures has completed a $350,000 exploration program at its Union mine property, 45 miles north of Grand Forks, B.C. The work involved extensive underground sub-level drifting and raising which…