Brinco, CMP funding exploration at Kerr
Agreements with CMP 1989 Resources Partnership and Consolidated Brinco (TSE) will provide Sulphurets Gold Corp. (VSE) with a total of $1 million for further exploration of the Kerr copper-gold project…
News
Horne acid plant nears completion
Construction of a pollution-fighting acid plant is nearing completion here at the Horne copper smelter. The plant, which is designed to reduce smelter emissions by half, should be up and running by th…
Giant Yellowknif’e Akaticho slowed by TSe dispute
A difference of opinion involving Giant Yellowknife Mines (TSE) and the Toronto Stock Exchange has brought exploration almost to a standstill at the Akaitcho mine property near Yellowknife, N.W.T. The…
Majors big spenders while juniors struggle to survive …Add
Top exploration spenders in 1989 0906,0006,0106 World- wide expl’n Companybudget ($ million(US) 1989) Noranda Group 168.0 includes Minnova/Kerr Addison 17.0 Hemlo Gold 24.0 RTZ Group 120.0 Cons…
Managing Canada’s Mines Computers are good tools but people make
Like so many of this country’s top mine operators, Giant Yellowknife’s manager of mining operations, Mike Lalonde, is a graduate of the respected Haileybury School of Mines. Later he went on to 0506,0…
Golden Knight bid accepted in B.C.
A bid made by Golden Knight Resources (TSE) for a parcel of claims near Lindquist Lake in the Tweedsmuir recreational area has been accepted by the Ministry of Energy, Mines and Petroleum Resources in…
Eastern Destor fault draws attention
A large land package covering 25 miles of the western extension of the Destor- Porcupine fault has been assembled by well-known local geologist Robert Middleton. The ground, which is held by a group o…
Vancouver Stock Exchange (July 17, 1989)
Although market activity here isn’t reflecting it yet, many brokers says investors are starting to look more favorably at gold issues. The general feeling is that interest rates are on the way down in…
Inco Gold buys High River shares
Inco Gold, a wholly-owned subsidiary of Inco Ltd. (TSE) has exercised warrants issued by High River Resources (TSE) to buy 900,000 shares of the company at $1.57 per share. The warrants were part of a…
Baloil expands holdings around Sumit gold claims
Calgary-based Baloil Resources has agreed to acquire for $125,000 a 100% interest in a group of eight claims located beside the company’s Sumit property in British Columbia. The claims include the for…
Deep drilling returns good results at Polaris-Taku
Several holes drilled at significant depths below the previous mine system returned good gold values at the Polaris- Taku mine project located in the Tulsequah River area of northwestern British Colum…
Cartier buys stake in Louvicourt bet
Exploration is scheduled to begin soon on a group of 19 claims beside the Aur Resources (TSE), Societe Miniere Louvem (TSE) massive sulphide discovery east of Val d’Or, Que. Cartier Resources (TSE) ho…