1988

Rayrock delay in drilling Carlin may be blessing

It could be several weeks yet before Rayrock Yellowknife Resources, as operator of the Dee Gold project in Nevada, commences the deep drilling program from its open pit at the north end of the prolifi…


Cassiar gets $25m. loan

The government of British Columbia has agreed to loan Cassiar Mining up to $25 million to develop its McDame asbestos deposit near Cassiar, B.C. Because of its difficult financial position, Cassiar Mi…



Queries Sunburst President hopes for better days

I am writing to request some information on a company called Sunburst Exploration. When I last heard from them, they were involved with Soquem and Sullivan Mines in a joint venture property at Rouyn-N…



Nickel prices flying high

Demand for nickel in a period of tight supply is driving the price of the base metal sky-high. The spot price for nickel on the London Metal Exchange (lme) had risen to the $8.70(US)-per-lb range at p…


New Ego zone

A new gold zone has been uncovered by Ego Resources of Toronto on its Goudreau gold property near Wawa, Ont., the company reports. To date, 26 holes have intersected a gold-bearing shear zone which ha…




Editorial Brokers turn to COIN

Stock brokers see their job as one of bringing together buyers and sellers of securities for their mutual benefit. For their services, brokers have traditionally received a handsome fee. But times a…


Gold Wind on ME

A junior mining firm incorporated in 1985, Exploration Vent d’Or (Gold Wind Exploration) of Val d’Or, Que., was recently listed for trading on the Montreal Exchange (symbol von). The company was origi…


People (March 28, 1988)

Saskatchewan Mining Association — K. J. Cahoon elected president at the annual general meeting held in Saskatoon recently.


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