1988

Visitors travelling the Highland Valley highway at Logan Lake, B.C., last year must have wondered what was going on at the Highland Valley Copper mine site. Slowly taking shape, like some ancient Egyp…

Trading activity has improved on coats following the dismal performance recorded in November, 1987. During that month, the average daily value of shares traded fell to a record low of $1 million. Tota…

It has yet to announce the major acquisitions which were promised during a June, 1987, launching, but executives from Toronto-based Metall Mining were far from subdued during a recent press conference…

Production started early December at Viscount Resources’ 50%-owned O.B. silver- gold mine at Greenwood, B.C. The project is a joint venture with Skylark Resources, which is operator. About 80 tons per…

The board of directors of Getty Resources has advised its shareholders to accept the revised offer proposed by Total Resources. Although still claiming that Getty’s underlying value exceeds the $11 of…

Following the completion of an amalgamation between Noramco Mining Corp. and affiliate companies Highland-Crow Resources and Emerald Lake Resources, effective Jan 1, Noramco will be exposed to gold pr…

Sillimanite mineralization at both Clarendon and Otter Creek in Ontario has been mapped at 1:2500; a co-operative follow-up drilling program with the Tweed office of Ontario’s ministry of northern dev…

The Johnny Mountain gold mine of Skyline Resources is heading for production starting in the second quarter of 1988. The mine is located on a portion of Skyline’s Reg claims which cover approximately …

Six holes have now been put down by Flint Rock Mines on its leased Shabu Lake gold property, 43 miles east of Red Lake in northwestern Ontario. All intersected the main vein, with appreciable visible …

Pegasus Gold has completed an initial evaluation of the Zaca property in California, currently held by California Gold Mines of Vancouver. Under the terms of a memorandum of understanding with Califor…

The New Year is being ushered in with a three-day rally which has added more than 103 pts to the tse composite index. Today, the index picked up 25.29 pts to close at 3,263.3 pts. Market players are k…

Drilling commissioned by Tamavack Resources and International Maple Leaf Resource Corp. on a Moss Twp. property in northwestern Ontario intersected 4.9 ft assaying 1.6 oz gold per ton. Incorrect core …