Tax Angles, Flow- through shares and your RRSP
A number of 1986 mining flow- through share vehicles were structured so that the shares will be listed on a Canadian exchange and the actual shares delivered to the investors in January or February, 1…
1987
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…
Annual Coal Review 1987 COAL REPORT BYRON CREEK
A world-wide oversupply of thermal coal forced Byron Creek Collieries (a wholly-owned subsidiary of Esso Resources Canada) to significantly reduce the scale of its operations at the Coal Mountain mine…
WHAT’S NEW Chainless Blasthole Drill
Milwaukee-based Bucyrus-Erie has tested a prototype blasthole drill in a coal mine in the central U.S. Called the 49-R, the drill was designed for high performance, ease of operation and long life wit…
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…
Editorial Belmoral victim of legal process
Canadian courts move in mysterious ways their wonders to perform. In general, the court decisions we’re familiar with seem to display a good deal of common sense. Given the facts as we know them and…
SUPPLIERS’ NOTES Compressor Controls Corp.
Compressor Controls Corp. of Des Moines, Iowa, is moving for the second time in about four years. A new building in Des Moines will increase available space by 50%. Compressor Controls manufactures an…
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…
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…
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…
Canadian juniors involved with Gwyder oil well test
A $4 million(US) oil well being drilled by a consortium of Canadian, U.S. and Australian companies is past the 8,000-ft mark and fast approaching its target depth of 11,000 ft. The well is testing a s…