1987

Getty, Davidson to produce from diminished reserves

A production decision has been made for the Tisdale property north of Timmins, Ont. Equal partners Getty Resources and Davidson Tisdale Mines say that production, at a rate of 200 tons per day, is sch…


Magnacon reveals surprises for Flanagan and partners

The Magnacon gold project near Wawa in northeastern Ontario continues to surprise, the vice- president of Flanagan McAdam Resources said at the company’s annual meeting. J. T. Flanagan, who is also pr…


Estrades reserves increased by Teck

Drilling by Teck Explorations on the Estrades polymetallic deposit shared with partners Golden Hope Resources and Golden Group Explorations, has elevated reserves above the minimum tonnage required fo…


Denison, Greece sort out oil deal

The government of Greece plans to nationalize the oil and gas fields in the Aegean Sea held by an international consortium led by Denison Mines. In March the government said it would draft a bill allo…


Partial dewatering by Cambior, Maufort

The first six levels of the former Siscoe gold mine in northwestern Quebec were dewatered during the recently completed first-phase of an exploration program being undertaken on the property by Cambio…



Nuinsco deals base metal properties to Seadrift

In a bid to become a Canadian gold producer within 12 months, Nuinsco Resources has dealt some of its base metal properties to Seadrift International in exchange for a larger slice of the Cameron Lake…


Mining consultants views mixed on free trade

As the contents of the Canada/ U.S. Free Trade agreement continue to unfold, it’s clear that greater cross-border access will be offered to Canadian mineral producers. But the agreement may also provi…


Perron Gold raises exploration funds

An exploration agreement has been entered into between Perron Gold Mines and emq (1987) Exploration and Co. Ltd. Partnership whereby Perron will receive $1.05 million in return for 350,000 flow- throu…


Hemlo decision imminent says Lac

As this issue of The Northern Miner went to press, Lac Minerals said it had been informed that the Supreme Court of Canada was to give its decision Dec 17 on Lac’s application to appeal an Ontario Cou…


Gold-backed Giscard bond poses problems for French

A bond issued almost 15 years ago which is backed by a large amount of gold and which carries a Jan 16 redemption date is causing problems for the French government. Six-and-a-half-million Giscard bon…


Dundee-Palliser pushes for Vezza production

In an effort to bring the Vezza Twp. properties to a production mode, Dundee-Palliser Resources and partner North American Rare Metals have spent approximately $2.8 million on exploration since Septem…


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