Drilling planned for Gossan project
An exploratory drill program is being planned by Vector Industries International (VSE) for its Gossan property in the “Golden Triangle” region, north of Stewart, B.C. The funds for the work program wi…
News
PDAC urges fair taxation for exploration financing
The federal government must stop discouraging investment in the mining exploration industry, says the Prospectors and Developers Association of Canada (PDAC). The Toronto-based mining association is u…
BP, Lysander in joint venture
A final and formal joint venture agreement was recently signed by BP Resources (TSE) and Lysander Gold (VSE) for ongoing exploration of the Cat Mountain project, north of Prince George, B.C. Cat Mount…
Hendrick determined to change mining’s bad image
Improving mining’s public image will be the challenge Keith Hendrick faces as he steps in as chairman of the Mining Association of Canada this month. “Mining is the foundation of the Canadian economy….
Placer stands by cash offer to buy Stikine shares
Shareholders of Stikine Resources (TSE) will have the opportunity to accept buy- out offers for their shares from either Corona (TSE) or Placer Dome (TSE). Both major companies recently announced offe…
INSIDE Base metal plays
Aur Resources’ base metal discovery in Quebec’s Louvicourt Twp. is one of the hottest prospects in the country, but there are several other juniors that have base metal projects on the go. Investors s…
Clarity and consistency essence of corporate communication (June 18, 1990)
There are many inefficient and misleading approaches taken by management to communicate with the investment community. Communicating with analysts should not be an exercise in minimalism but in comple…
U.S.REPORT Reserves calculated for Mexican Hat
A second phase exploration program was recently completed at the Mexican Hat property in Cochise Cty., Ariz. The property is owned 60% by Placer U.S., a unit of Placer Dome (TSE), and 40% by Oneida Re…
McKenzie challenges title to Eskay
Ken McKenzie, who has initiated several claim disputes in the Eskay Creek area north of Stewart, B.C., is now challenging Prime Resources Group (VSE) and Stikine Resources (TSE) for title to certain c…
U.S.REPORT Crown Res. options 145,000 acres in Utah
With the formation of a joint venture, Crown Resources (VSE) has acquired a 60% interest in the mineral rights to 145,000 acres in central and western Utah. Crown can earn a 60% interest in the lands …
EDITORIAL PAGE Opportunity for equipment manufacturers
Canada’s mining industry is coming off a period that has been one of the most prosperous ever. It will be tough during the 1990s to match the combination of strong demand, rising prices and improved p…
Drilling to resume on Goodfish gold project
Drilling will resume shortly on the Goodfish gold property near Kirkland Lake, Ont., according to owner Glencairn Explorations (ASE). The drilling program will focus on the A zone, which returned an u…