Greenstrike, Petromet to expand program
A third diamond drill is now drilling on the Fifteen Mile Stream gold property of Pan East Resources in Nova Scotia, where Greenstrike Gold Corp. and Petromet Resources report they have expanded their…
News
Montreal Exchange Trading stays moderate
Except for one day early in the week, when trading soared to more than 18 million shares (approximately 10.8 million shares of a non- resources stock were involved in the day’s total), activity on the…
Obituary Dr Alan Bauer
Dr Alan Bauer, head of the department of mining engineering at Queen’s University, Kingston, Ont., has died at age 55. During Dr Bauer’s 21 years at Queen’s, he made many contributions to mining educa…
Obituary Thomas Frank, AJ
Thomas Frank, a Reno, Nev. based consulting geologist who early in his career worked for Quebec Cartier Mining, has died, in Reno, at age 43. Mr Frank worked for Quebec Cartier while completing his ba…
Alberta Stock Exchange Investors back Marker
A firmer U.S. dollar and a reduced budget deficit south of the border sparked investor interest in a number of Alberta issues which had been largely ignored in recent weeks. Sweany Gold, which has rec…
Cusac, a gold producer at Table Mtn.
I have been reading your newspaper for a year now and find it interesting and informative. The main reason for my subscription is to follow my favorite company, Cusac Industries. Every week I turn str…
Bar in the picture on Nevada gold mine
The recent high grade gold discovery at the Buckhorn mine (N.M., Sept 21/87) in Nevada has tended to focus on two companies: Cominco Resources International and Equinox Resources. But Vancouver-based …
GENERAL NEWS & COMMENT Placer Dome mill worker wins globe-trotting
Rene Lecompte, a 27-year-old mill worker from the Kiena Gold Mines near Malartic, Que., will soon be taking a trip around the world thanks to Kiena’s parent company, Placer Dome Inc. To commemorate th…
Three months and counting till Winston Lake start-up, Minnova
Minnova Inc. and 20% partner Zenmac Zinc have set Dec 15 as the target date for turning over the mill at the Winston Lake mine, 20 km northeast of here. The mine site is alive with activity, The North…
Phase 1 drilling complete at Parklane’s Spooner bet
The initial phase of a trenching and diamond drilling program at Vancouver-listed Parklane Technologies’ Spooner gold property near Beardmore, Ont., is now complete. The Calgary company says four new …
Trader results cut reserves at Tel project
Discouraging drill results at Trader Resources Tel deposit on Banks Island, B.C. has forced the company to reduce its reserve estimate by about half. Based on the results of a 71-hole diamond drill pr…
Better driving on refractory gold deposit in B. C.
At present gold prices it’s not surprising that companies are taking a second look at refractory mineral deposits. Twelve miles west of this Vancouver Island coastal community, one such company, Bette…