Seadrift to drill on three prospects LD
Vancouver-based Seadrift International Exploration has entered into an agreement to acquire 100% of the outstanding shares of Macanda Mine Exploration, a private Ontario company, from its three shareh…
News
Alberta Stock Exchange Alberta Stock Exchange Noheco moves up 30
Good trading in shares of Naneco Resources added more than 30 cents to the issue, which was up to $2. Naneco expects to make a production decision this year on the Johnson Gulch project in South Dakot…
The Graduating Class 1987 GOLD REPORT STAR LAKE
The first “baby” of the Canadian gold mining year was born in north ern Saskatchewan. Located 115 km northeast of La Ronge, the Star Lake mine poured its first gold on Jan 2. In fact the gold pour is …
Hemlo Gold’s initial offering largest outside South Africa
Morgan Grenfell Securities of London says it expects Hemlo Gold Mines’ initial public offering will be the largest of any non-South African gold company. Although the issue has not been priced yet, th…
The Graduating Class 1987 GOLD REPORT BEACON
Although the company hadn’t made the announcement by presstime, D’Or V al Mines will almost certainly be starting production this year on its Beacon No.2 mine, just east of Val d’Or, Que. The mill is …
Duration to explore Theresa gold bet LD
A detailed exploration program is planned on the Theresa Gold Mine property, south of Longlac, Ont., by Duration Mines. The property consists of two mining leases: 18 mining claims totalling 850 acres…
The Graduating Class 1987 GOLD REPORT BELL CREEK
While it may not be a Dome or Hollinger, it’s going to be a good little mine for some years to come. The Bell Creek is the third new mine to be gin produc tion in the Timmins camp in the 1980s and the…
Glamis plans bulk test at Amir’s Gulch property
A 10,000-20,000-ton bulk leach test is scheduled to start this spring on the Buffalo Gulch gold deposit, shared by partners Glamis Gold and Amir Mines. Located in central Idaho, the large property inc…
Drill programs of $2.5 million for Golden North
Diamond drill programs to cost approximately $2.5 million have been started on the Nickel Plate Mountain properties of Golden North Resource Corp., near Hedley, B.C. Golden North says the programs, un…
The Graduating Class 1987 GOLD REPORT MASCOT GOLD MINES
Back in 1984 a 300-ton-per-day Bgold milling operation was being considered. In 1985 that jumped to 1,500 tons per day. In early 1986 it was increased to 1,8 00 tons per day and by the end of 1986 th…
SUPPLIER’S NOTES Sii Mining Equipment / Drillco Industrial Canada
Sii Mining Equipment Companies Canada was sold in December, 1986. The new company will be known as Drillco Industrial Canada and will be based in Sudbury, Ont.
CROSS CUTS OUTLANDISH
One has to wonder how Thomas Budnick is going to carry out his assessment work. The Massachusetts resident recently had mining claims on the planet Mars accepted by the county auditor’s office in Spok…