BACK ON TRACK
Surrounded by coniferous bush, 209 km northeast of Timmins, Ont., sits the Detour Lake gold mine. It is the only fly-in mining operation in Ontario and, as such, has kept a pretty low profile within t…
News
50 YEARS AGO — APRIL, 1938 HEMATITE DEPOSIT CUT IN 8 VERTICAL
Probing deep under the water and mud of the west middle arm of Steep Rock Lake, near Atikokan, Ont., a series of eight vertical diamond drill holes has punctured what appears to be a big deposit of he…
Back on Track GEOLOGY OF DETOUR LAKE
Most of the ore at Detour Lake lies adjacent to the contact between an ultramafic unit and a series of mafic volcanics. Gold is primarily localized in quartz- pyrrhotite/pyrite/ chalcopyrite structure…
50 YEARS AGO — APRIL, 1938 NEW SHAFT STARTED AT MACASSA MINE
Opening shots for the big new development program at the Macassa mine, in Kirkland Lake, Ont., were fired this week. Sinking operations began Monday on the new 4,000-ft shaft, in the centre of the pro…
PLACER DOME’S CHIEF
Almost three years ago, when John Walton joined what was then Placer Development as its president and chief executive officer, the question mining people were asking was “Who is John Walton?” And for …
50 YEARS AGO — APRIL, 1938 WILL INFLATION LIFT THE MARKETS?
It is now a year since Canadian mining markets — indeed security markets the world over — began to flatten down. We in this country have been fortunate in that, despite our decline on the markets, o…
Dome Sweet Dome FIVE ON THE WAY
Placer Dome takes a back seat to no one when it comes to finding and building new mines. In Canada, the company is evaluating three potential producers: the Eastmain project, 185 miles northeast of C…
Northgate influence shown in Campbell’s 1987 results
When Northgate Exploration acquired a 13% equity stake in Campbell Resources and an option on 19.6%, it came as no surprise to Northgate watchers. Campbell’s Chibougamau gold/ copper interests made it…
Aquarius producing gold
The Aquarius gold mine, operated by Asarco Exploration Canada, is expected to produce 15,000 oz of gold this year. Located 22 miles east of Timmins, Ont., the mill began processing feed from a surface…
Dundee/N.A. Rare drilling results
Drilling on the Vezza property located 15 miles south of Matagami, Que., continues to test the main alteration zone with significant results, partners Dundee-Palliser and North American Rare Metals re…
NovaGold offer extended
Shareholders of tse-listed Northumberland Mines have until April 5 to tender their shares to an offer by NovaGold Resources. NovaGold decided to extend the offer, which gives shareholders one NovaGold…
Wilco/Deak Ariadne to form new entity
Toronto-based Wilco Mining and a private company called Deak Ariadne Ltd. have agreed to combine their respective mineral exploration and financial expertise under one company, Wilco announced recentl…