1988


Golden Rule expects to do record exploration work

Direct exploration costs in the 1987 fiscal year funded by Golden Rule Resources totalled approximately $4.2 million. But it was exposed to $11 million in expenditures under various joint venture agre…



Carlson drilling Hemlo-Marathon bet

A 12,000-ft drilling program is being carried out by Carlson Mines and its joint- venture partner Black Gregor Explorations on their Hemlo-Marathon property, north of Lake Superior, Ont. The program, …



Trip down under

A local consulting engineer, Ronald B. Stokes, is organizing a safari to Australia which won’t require a rifle. However, a “riffled” sluice box might help because the safari is for gem collectors and …


Hecla to exercise Mooseland option (March 07, 1988)

Hecla Mining Co. of Canada has optioned the Mooseland gold property owned by Acadia Mineral Ventures. Under the terms agreed to by both companies, Hecla can earn a 60% interest by financing the projec…



Feasibility near for NSR/Cogesco

Partners NSR Resources of Toronto and Nova-Cogesco Resources say they are just two months from a feasibility study at the Rand Malartic project in Fourniere Twp., Que. The joint venturers are executin…


Inco continues research into emission reduction

Inco Ltd. says its research program is continuing to indicate potential for further reductions in sulphur dioxide emissions from the company’s Sudbury smelter complex. In a report to the Ontario minis…



Western Mining names CEO to run Canadian Subsidiary

Australia-based Western Mining Corp. has named a new chief executive officer to run its Canadian subsidiary. Jim Lalor, Western’s general manager of investment projects, is scheduled to take up his ne…


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