Books Canadian Oil & Gas Handbook 1987-88
CANADIAN OIL & GAS HANDBOOK 1987-88 Published by Northern Miner Press Limited, 7 Labatt Ave., Toronto, Canada M5A3P2, 304 pages. Available in paperback at $32 or with leatherette cover at $36. Add $3 …
News
Getty, Davidson to produce from diminished reserves
A production decision has been made for the Tisdale property north of Timmins, Ont. Equal partners Getty Resources and Davidson Tisdale Mines say that production, at a rate of 200 tons per day, is sch…
Magnacon reveals surprises for Flanagan and partners
The Magnacon gold project near Wawa in northeastern Ontario continues to surprise, the vice- president of Flanagan McAdam Resources said at the company’s annual meeting. J. T. Flanagan, who is also pr…
Estrades reserves increased by Teck
Drilling by Teck Explorations on the Estrades polymetallic deposit shared with partners Golden Hope Resources and Golden Group Explorations, has elevated reserves above the minimum tonnage required fo…
Teeshin at Shoal Lake
Several surface gold anomalies have been identified by Teeshin Resources on the company’s Sherlock Point claim group near Shoal Lake, Ont. The claims are east of the St. Joe Canada property on which a…
Investment Comment Dickenson Mines good value says Davidson mining
If Pamour Inc. is going to cement its “friendly association” with Dickenson Mines by increasing its stake in the company, now is the time to do it, according to a Toronto-based brokerage firm. Pamour …
Denison, Greece sort out oil deal
The government of Greece plans to nationalize the oil and gas fields in the Aegean Sea held by an international consortium led by Denison Mines. In March the government said it would draft a bill allo…
Cassiar seeks govt help to develop McDame deposit
British Columbia’s asbestos producer, Cassiar Mining Corp., has decided to proceed with a $38.8-million development of its McDame deposit located near Cassiar, but is seeking government help to financ…
Charlim and Ormico buy Direct interest
Recently increasing their interest in the Goldex gold extension property located in Dubuisson Twp. about six km from Val d’Or, Que., were Ormico Exploration and Charlim Explorations. The two companies…
Sandhurst closes deal to buy Queenstake block
An Australian placer gold mining concern, Sandhurst Mining has closed earlier plans to acquire approximately 20% each in two Vancouver-based companies, Queenstake Resources and Canadian United Mineral…
Partial dewatering by Cambior, Maufort
The first six levels of the former Siscoe gold mine in northwestern Quebec were dewatered during the recently completed first-phase of an exploration program being undertaken on the property by Cambio…
Expansion complete, Gordex set to pour 12,000 oz in ’88
Although the company poured its first gold bar in June, 1986, Gordex Minerals of Saint John, N.B., has had to find a technological fix to bring its small Cape Spencer gold mine officially into commerc…