Onitap shareholders to approve agreements
Shareholders of Toronto-listed Onitap Resources will be asked to approve, at a special meeting on Feb 11, a private placement to raise working capital and the company’s agreement for exploration of it…
News
The Graduating Class 1987 GOLD REPORT TARTAN LAKE
Production is expected to get under mid-year from the Tartan Lake joint venture between Granges Exploration and Abermin Corp. A feasibility study was recently completed by Kilborn Engineering and init…
50 YEARS AGO –FEBRUARY, 1937– MINING POLICY PROPOSED IN HOUSE
Sen. Arthur Sauve (Rigaud, Conservative) has given notice in the Upper House that he would move a resolution for the establishment of a many-sided Canadian m ining policy aimed at, among other things,…
INNOVATIONS Will Zeppelins Take Off?
Does a market exist in the Far North for using zeppelins to bring diamond drills into remote exploration camps? To transport heavy equipment to isolated mining properties in the Northwest Territories?…
Cornucopia signs deal on Nevada gold prospect
An option agreement has been completed between Cornucopia Resources and USX Corp. (formerly U.S. Steel) for a gold property in Nevada. The agreement covers the 13,000-acre- plus Ivanhoe property in El…
Cusac is set to produce at a new gold structure
Cusac Industries says a second major structure has been scheduled for production at its Table Mountain property near Cassiar, B.C. The company says this is one of six gold-bearing veins found in 1986 …
Editorial Duncan R. Derry
With the passing this week of Duncan Derry, this country has lost a highly respected ambassador of Canadian economic geology — the very engine that powers this mining industry of ours. Certainly his …
CONTROLLING MAINTENANCE COSTS
Three years ago an investigative report compiled by the Canada Centre for Mineral and Energy Technology (canmet) confirmed what many in the mining industry had suspected: that maintenance costs consti…
THE GRADUATING CLASS
The gold exploration boom that began in the late 1970s continues to beget new mi nes — 12 of them in the latest graduating class. Considering the thousands of p roperties explored each year and the m…
CROSS CUTS DRAWING POWER
Magnets made of neodymium, iron and boron are about to penetrate the $1- billion world market for permanent magnets. Because of their high strength, low weight and low cost, Nd-Fe-B magnets could capt…
CROSS CUTS GOLDEN GIRLS
The next time you tell your wife she looks like a million bucks, it doesn’t have to be a lie. A new line of elitist cosmetics can leave her literally glowing. If you’re planning a business trip in Eur…
Malartic drift entering Orion ore
The No 8 zone at the Orion gold property is expected to be reached by an underground drift within days, Malartic Hygrade Gold Mines says. Located less than a mile northeast of the Camflo-Malartic gold…