CIM holds seminar in Kirkland Lake
The core shack seminar will be held at the Northern College of Applied Arts & Technology in Kirkland Lake, Ont., April 18-19. Malcolm Slack, director of the Kirkland Lake Branch of The Canadian Instit…
1990
Douay drilling
New drill results from the Douay gold project in Quebec’s Casa Berardi area were expected to be released by operator Inco (TSE) shortly after presstime. Inco and project partners Societe d’Exploration…
Shareholder wants a better deal
The shareholders of Muscocho Exploration should at least be given the right to vote on the recent “acquisition” of the Magnacon and Magino properties by Echo Bay Mines (T.N.M., Jan. 8/90). To my knowl…
Zahavy caps shaft
A mine site reclamation program is under way on Zahavy Mines’ (ASE) Favourable Lake property, 110 miles north of Red Lake in northwestern Ontario. The 6,000-acre property hosts a past-producing gold-s…
Vancouver conference focuses on the environment
Environmental issues relevant to the mining industry were discussed here by 24 speakers in a special session on metals and minerals at Globe ’90, a conference aimed at promoting the implementation of …
Centurion royalty revenues to rise
Vancouver-based Centurion Gold (VSE) is looking forward this year to new mining activity on claims surrounding Newmont Gold’s (NYSE) Gold Quarry open pit mine near Carlin, Nev. Centurion owns 51% of a…
Princeton gains control of Cliff
By selling its wholly owned asbestos unit to Cliff Resources (TSE) in exchange for common equity, Princeton Mining (TSE) has effectively gained control of Cliff. Princeton estimates that it will own 7…
Low grade deposit on Springpole bet
The Portage zone on the Springpole gold property being explored by joint venture partners Noranda (TSE) and Akiko-Lori Gold Resources (VSE) hosts geological reserves of at least 7.9 million tons gradi…
Melinga re-evaluates low-grade gold, copper property in Honduras
A property in northwest Honduras, where a large, low-grade gold deposit was discovered in the early 1970s, is being re-evaluated by Melinga Resources (VSE). Subject to regulatory approval, Melinga wil…
Ore Reserve Standards
With the purpose of furthering helpful discussion on the topic of ore reserves appearing in your last several issues, I wish to add the following fuel to keep the pot boiling. The article “Computer Bu…
Editorial Gold price unlikely to stay down long
One can’t help but get the jitters watching gold drop $US20 in a single day as it did this past week on the London market. In New York the April futures contract sank almost $30 March 26, its steepest…
Eden Roc gives production nod to African bet
The African Ivory Coast gold concession of Eden Roc Mineral (ASE) will be brought into production, says the controlling shareholder of Eden Roc. Marshall Minerals (ASE), with more than a 50% interest …