Casa Berardi drilling for Honcho, Baden
Two closely associated companies in the I.C. Christopher camp — Honcho Gold Mines and Baden Explorations — have reached an agreement with Beaufield Resources Inc. which will see the latter carry out…
1987
Three major thrusts by Inco Limited on polution control
Inco Ltd. says work will continue during 1987 on three major activities involved in the development and testing of new processes to further reduce sulphur dioxide emissions from its Sudbury, Ont., sme…
Ekaton testing silica at kaolin deposit
Development work is continuing on the Wood Mountain kaolin property in Saskatchewan, operator Ekaton Industries says. A laboratory facility has been built on site which is evaluating the silica potent…
Recon hole hits at Canamax’s Clavos
The first reconnaissance drill hole on the Clavos property held by partners Canamax Resources (66.66%) and Bruneau Mining Corp. (33.33%) has cut a 16.4-ft section grading 0.3 oz gold per ton. The Clav…
Restructuring set for Mountain-West
Mountain- West Resources says the 1986 agreement on its Elkhorn property with Homestake Mining has been restructured. The new agreement will allow Homestake to earn a 50% interest by spending $3 milli…
Queenstake options California gold bet
Queenstake Resources has optioned its Argus gold property near Bakersfield, Calif., to Childs International, a subsidiary of an Australian mining group. The company will be able to earn a 60% interest…
People (February 09, 1987)
CONCERT RESOURCES – John C. A. de Wit appointed chief financial officer.
Vancouver Stock Exchange Dollar’s rise fuels market volume
Recognizing that a stronger Canadian dollar will lead to lower interest rates, investors are scurrying into equities — both blue chip and speculative. Market volume on Vancouver has been climbing ste…
Obituary Played key roll in Northgate growth
A lawyer who became a top mining executive playing a key role in the growth of Northgate Exploration into a senior international mining company, George T. Smith, died in Toronto on Jan 29 at the age o…
Metals Report State ownership nothing to fear
Since metal prices collapsed in the early 1980s, North American producers have had a propensity for whining about “unfair” competition from state-owned mining companies in Third World countries. The N…
Mercator drilling base metals claims
A drill program is under way on a base metals property held under option by Mercator Resource Corp. The company is putting down two holes on the Sentinel Mountain property held under option from Texas…
United Siscoe postpones vote on Barrick takeover (February 09, 1987)
A special meeting of United Siscoe Mines to vote on a proposal to acquire a controlling interest in American Barrick Resources has been postponed indefinitely. A special meeting had been scheduled for…