INSIDE Core drilling used in geothermal work
Geothermal exploration has traditionally been done using large oil field equipment, but advances in equipment and techniques have given exploration companies an alternative method of drilling, in part…
News
Goldex likes broad widths of GE zone intersections
A $2-million underground exploration drive to determine the size, shape and grade of the Goldex Extension zone near Val d’Or, Que., is now well past the halfway stage. But even though partners Goldex …
BOOKS IN REVIEW Markets fare well in developing natins
Emerging Stock Markets Factbook 1990, fourth in an annual series, shows that the world’s best- performing markets last year were in developing countries. Turkey’s stock market, with a 300% gain in 198…
Ican in Colorado
Calgary-based Ican Minerals (TSE) has signed an agreement to earn a 50% interest in a gold property owned by Santa Fe Pacific Mining in Colorado. Known as the White Rock property, the claims host a po…
GOLDFUNDS2 (May 21, 1990)
MVP BGR Central Capital Net value $10.95 $5.79 $0.34 Price $9.50 $5.750 $0.20 Discount 13.24% 0.7% 41.2% Value $65,219,024 $96,739,725 N/A…
Seabright plans eastern exploration program
The board of directors of Seabright Explorations (TSE) has approved a program to continue grassroots exploration and evaluation of its existing properties in the Highland area of Nova Scotia. Special …
Montreal Stock Exchange Moss Lake drilling
Recent drilling at the Moss Lake gold project in northwestern Ontario has project partners Tandem Resources and ASE-listed Storimin Exploration excited. A preliminary reserve estimate comprising about…
PEOPLE NORGOLD RESOURCES
Steven Potter appointed president; Richard Graeme, appointed vice- president Operations; Robert Schafer appointed vice-president Exploration and Acquisition.
PEOPLE TERRATECH RESOURCES
Gerry Curtis appointed president and chief executive officer and director succeeding Hugh Cameron who has resigned but continues as a director; Neil Paget appointed chairman of the board.
National Research Council trying to improve drills, bits
The National Research Council has been involved in studies which it hopes will prove useful to the diamond drilling industry. The current status of research seeks to refine testing devices for the ass…
Davis optimistic on B.C.’s mining future
Jack Davis, British Columbia’s minister of Energy, Mines and Petroleum Resources, told members of the Canadian Diamond Drilling Association that B.C.’s mining industry enjoyed a period of “relative pr…
Small drill development by Hydracore
Since 1983, Hydracore Drills has been developing a new drill suitable for drilling on difficult surface setups and which would allow easy movement and repositioning. The result was the Gopher Drill wh…