FINANCING (October 03, 1988)
ONTARIO Ekersval — final rec iss offer 500,000 @ $1.30 per sh to net $325,000. Released from Escrow Fort Knox Gold — 160,500 shs released. VANCOUVER Athabaska Gold — 500,000 shs offered @ min 40 ce…
News
Garrison looks good
There are a number of good reasons why the Jonpol Explorations (TSE), T & H Resources (TSE) joint venture at Garrison Twp. has been one of the most talked about exploration plays in the Harker-Hollowa…
Book Reviews Mapping the landscape
The Canadian Geoscience Council, in cooperation with the Canadian Government Publishing Centre, present a report of the Advisory Committee on outputs in quaternary and engineering geology entitled: Ma…
Northern Manitoba exploration activity continuing
In the Flin Flon-Snow Lake area of northern Manitoba exploration activity is continuing strong. In fact, it is the most actively explored greenstone belt in the province. The belt’s favorable geology …
Record Production from El Mochito Operations
Since reopening the El Mochito base metal operations in Honduras last October, American Pacific Mining (VSE) says it achieved record combined lead and zinc production levels during the month of August…
Nevada Goldfields mining expertise shines at underground gold mine
With all the surface mining going on in Nevada these days the Kingston mine project of Nevada Goldfields (VSE) is a refreshing change of pace. For one thing it’s an underground gold mine grading about…
Encouraging results encountered by Goldpost at Ft. Hope property (October 03, 1988)
Surface drilling on Goldpost Resources’ (TSE) Reserve Creek property at Fort Hope, Ont., has encountered significant assays the company reports. A 10,000-ft drilling program is currently under way to …
Armistice long hole uncovers gold values
Several gold-bearing sections were intersected in a long hole drilled from the 1,250-ft level at the Virginiatown, Ont., property of Armistice Resources (ME), the company reports. Hole 12W50-9 was dri…
Barrick, DCC boost stake in Hayes Res.
A private placement of about $1 million has given American Barrick Resources (TSE) and DCC Equities an increased stake in Toronto- based Hayes Resources (TSE). Under the terms of the placement, Barric…
Drilling on Delaware Joint Venture
A 5-hole diamond drill program operated by Delaware Resources (VSE) is now under way on the 10,500-acre Iskut River joint venture property adjoining the Snip project in northern British Columbia. The …
Letters to the Editor Coronation: a Canuc/Orofino venture
I refer to the article on page 13 of the issue dated Sept 19, 1988, of The Northern Miner headed “Orofino drill results.” The opening sentence of the article is misleading in that reference is made to…
Placer Dome US
Continuing exploration drilling by Placer Dome US is going on in an area of several square miles located 6 to 8 miles north of Nome, Alaska in ongoing evaluation of lode gold deposits discovered by As…