Canalaska begins underground program
Underground drilling is now in progress at the Central Zeballos gold property, a former gold producer located about five miles from Zeballos on Vancouver Island, B.C. The program is operated by Canala…
News
Sampling program yields impressive results for Cactus West
Although still an early stage project, Cactus West Explorations (VSE) reported some impressive values from a preliminary exploration program on its Missouri gold property, one of three adjoining prope…
Westgate has major plans
Westgate Mines Limited of Calgary, Alta., plans to launch a major gold development approximately 50 miles northeast of Hanes, Alaska. The property is situated on the British Columbia/Alaska border, on…
Suntac looks to revive Polaris-Taku mine
The Polaris- Taku mine in northwestern British Columbia which produced 230,000 oz gold from ore grading 0.47 oz from 1938 to 1951, is being evaluated by Suntac Minerals (VSE) for its potential to agai…
HSK and Joutel shuffle Queenston Gold assets
Toronto-based HSK Minerals (TSE) and Joutel Resources (TSE) have signed an agreement in which HSK will buy two million common shares of Queenston Gold Mines (TSE) from Joutel. In return, Joutel will r…
Nuinsco hires J.M. Slack to look at Cameron study
Mining consultant Malcolm Slack has agreed to pick up where Echo Bay Mines (TSE) left off in a push to bring Nuinsco Resources’ (TSE) Cameron Lake gold property into production. Slack was named chairm…
Lyon Lake focusing attention on Mosquito
A 50% interest in the Mosquito property in the Barkerville-Wells area of British Columbia will have been acquired by Lyon Lake Mines (ME) at the end of this year following the expenditure of $6 millio…
Cusac/Gulf Titanium generating cash flow from small Montana mine
Adopting a pay-as-you-go strategy toward mine development, 50/50 partners Gulf Titanium (VSE) and Cusac Industries (TSE) are generating a positive cash flow from limited production at their joint-vent…
Cusac wins $2.7 Million judgment
The Supreme Court of British Columbia awarded judgment in favor of Cusac Industries (TSE) in an amount totalling $2.6 million as a result of a contractual dispute with Total Erickson, now known as Tot…
Bidders await Gulf decision on value of Asamera assets
A decision by Gulf Canada Resources (TSE) to put its interest in Asamera Minerals (TSE) on the selling block may spark a bidding war for the Calgary-based company. A number of mining firms have alread…
ALPART to open in March, 1989
ALPART, the largest of four major alumina plants in Jamaica, will start producing alumina by the end of March 1989. Under a recently signed agreement, the ALPART plant will be owned by Kaiser Jamaica …
NRC contributes $2 m. for boring machines
The National Research Council is contributing $1.97 million to the development of two continuous tunnel boring machines which could be used in hardrock mines. The announcement was made by Minister of …