1988

Montreal Exchange adds 3 listings

Three resource-related companies — Aurtec Mining Development (symbol AUD), Equity Reserve (symbol EQR) and Orbite Exploration (symbol ORT) — were recently listed for trading on the Montreal Exchange…



Obituary Percy Claire Finlay

Percy Claire Finlay, best known for his association with Hollinger Consolidated Gold Mines for more than half a century, died at Toronto General Hospital on June 29. He was 89. Finlay was active in th…


People (July 11, 1988)

Shakwak Exploration — Arshad A. Shah appointed director and vice-president, ** petroleum division. **…


Mining engineers

Reno, Nevada will be the site Oct. 13-15 of a presentation Gold Exploration; Techniques and Problems by the Society of Mining Engineers. Technical sessions will include such topics as new models for g…


Busy year for Power at Opapimiskan bets

In a busy year, Power Explorations (TSE) spent $8.6 million on a number of gold properties in the Opapimiskan Lake, Pickle Lake and Dryden areas of northwestern Ontario. The company recently increased…


Cusac boosts interest in Montana project

With production about to commence at the Cruse Belmont gold- silver project near Helena, Mont., Cusac Industries (TSE) reports it has increased its participation from 30% to 50% in the property throug…


Dickenson acquires Goldquest shares

Dickenson Mines (TSE) has completed the acquisition of Cambior Inc.’s (TSE) 34% interest in the Arthur W. White mine located near Red Lake, Ont., for $52 million, subject to adjustments for working ca…


Normetal completes six holes at Bassignac

A 6-hole drill program has been completed by Normetal Mining Exploration (ME) at its Bassignac property in Destor Twp., in northwestern Quebec. Four holes intercepted gold values, the company reports….


Drilling resumes at Eastmain

Diamond drilling has been resumed on Eastmain Resources’ (TSE) joint venture projects with partners Westmin Resources (TSE) and MSV Resources (ME) in the Eastmain River area of northwestern Quebec. Th…


Rumors of Asamera unrest

Rumors of unrest within the hierarchy of Asamera Inc. (TSE) and its minerals subsidiary are apparently not unfounded. Bruce Kennedy, Asamera Minerals’ dynamic ex-president, has left and several other …


Euro-Nevada’s Hasbrouck property dealt to FMC

Royalty specialist Euro-Nevada Mining (TSE) has granted to FMC Gold, an option to buy its Hasbrouck Mountain Gold property near Tonopah, Nev., for $2.39 million(US), the company said recently. Under t…


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