Tungsten symposium
The fourth International Tungsten Symposium, sponsored by Canada Tungsten Mining, is scheduled to take place Sept 7-10 in Vancouver. Organizers of the conference are the Primary Tungsten Association a…
1987
Vedron has fine orebody shaping in heart of Timmins
Some highly encouraging results are starting to come in from the underground exploration-development work now in full swing at the Vedron-Belmoral Mines joint venture project in the heart of the Timmi…
Flow-through isn’t through yet What the industry says . . .
Gerald Merrithew, Federal Minister of State for Mines “Many people expected the bottom to fall out, but that certainly did not happen. In fact the mining industry received some very special treatmen…
United Reef, Canhorn announce results
Results of a nickel offsets joint- venture involving United Reef Petroleums and Canhorn Mining Corporation near Sudbury, Ont., were announced recently. The company says geological mapping and ip surve…
Renewed gold emphasis starts to pay
It wasn’t necessarily a banner year for the six companies which form the Coniagas Group but the results of some exploration ventures involving the group, suggest that at least one member is progressin…
Moneta buys claims in Tisdale Twp. area
Less than a year after it returned to the precious metal business, Moneta Porcupine Mines has reached an agreement with Labrador Mining and Exploration to buy 92 claims in the Timmins, Ont., area. Loc…
Mineralization addition for Pacific Minesearch
A 14,000-ft drill program at the Howie gold project of Pacific Minesearch in North Carolina has outlined additional mineralization to depth. According to Victor F. Erickson, president, drilling in the…
Halex acquiring interest in Heenan gold property
A letter of intent has been signed between Falconbridge Ltd. and Halex Resources which gives Halex the option to acquire a 40% interest in the Heenan property located 135 miles southwest of Timmins in…
Financial shot-in-the-arm for Windy Craggy project
The big Windy Craggy copper- gold-cobalt-zinc project of Geddes Resources is getting another financial shot in the arm. The company says it has raised an additional $4 million in flow- through share f…
Editorial A question of money
In this space last week, we carried an excerpt from a speech by W. R. A. Aitken, executive vice-president, Inco Ltd., in which Mr Aitken called on the mining industry to tell the public the story of t…
Flow-through isn’t through yet
Finance Minister Michael Wilson’s white paper on tax reform retains the concept of flow-through share financing for mineral exploration, but in a less generous form. Under current flow-through rules, …
Nor-Quest bid for Northair a “property grab”
A formal offer has been made by Nor-Quest Resources for control of Northair Mines which is now preparing a fairness opinion on the proposal. The hostile takeover bid has already been denounced by Nor…