Placer Dome mine fatality
No cause has yet been determined for an accident at Placer Dome’s (TSE) Dome mine in South Porcupine, Ont., on Feb 20 that claimed the lives of three miners. The three men — Lionel Legault, 47, of So…
1989
Ego funding Asquith Twp. drill program
Joint venture partners Ego Resources (TSE) and Asquith Resources (COATS) report encouraging gold values have been returned from recent drilling on their Asquith Twp. property, located south of Shining…
Book review
Majors call the tune on early-stage U.S. gold exploration agreements ** In a new study entitled Current U.S. Gold Exploration Agreements, Metals Economics Group has listed information on 470 early-sta…
Gold Bar completes Chester Twp. drilling
A drill program consisting of 5,000 ft in six holes has been completed by Gold Bar Resources (COATS) and Canadian Gold Resources (ASE) on their Chester Twp. property near Gogama, Ont. The recent progr…
News in Brief (February 27, 1989)
South Pacific Gold has changed its name to Western Carlyle Concepts Inc. (WCL:VSE) on a share- for-share basis. *…
Earnings Reporty
Brunswick Mining and Smelting (TSE) reports net earning for the fourth quarter of $14.83 million or 41 cents per share. For the same period a year earlier the company reported net earnings of $7.8 mi…
Can Mac results from N.W.T. bet
A first phase 3,394-ft drill program has been completed by Can Mac Exploration (VSE) on the company’s Mon gold property. Located 30 miles north of Yellowknife, N.W.T., the Mon claims were originally a…
FirstMiss earnings
FirstMiss Gold (NASDAQ) reported net earnings of $1.7 million or 10 cents per share for the six months ended Dec 31, 1988 compared to $930,000 a year earlier. The increase was due to interest earned o…
Dickenson head …..para 12 insert…
Meanwhile, Dickenson has applied to the Ontario Securities Commission (OSC) for an order directing Corona (or, specifically, Corona Minerals, the company’s wholly-owned subsidiary which is making the …
High grade shoots found at United bet
United Gold Corp. (VSE), which recently became part of the Northgate Exploration (TSE) group, is carrying out additional exploration at its Clio gold property in California. The Clio property is situa…
Northern Dynasty plans follow-up
Follow-up exploration is planned this year by Northern Dynasty Exploration (VSE) on its Misenkow River project in Ontario’s Pickle Lake area. A joint venture consisting of Northern Dynasty, Westfield …
Improved gold production boosts Echo Bay profit
Improved gold production enabled Echo Bay Mines (TSE) to increase earnings in 1987 to $54.4 million (US) from $48.5 million(US) realized in 1987. For the year, Echo Bay produced 585,000 oz of gold com…