CROSS CUTS OUTLANDISH
One has to wonder how Thomas Budnick is going to carry out his assessment work. The Massachusetts resident recently had mining claims on the planet Mars accepted by the county auditor’s office in Spok…
News
The Graduating Class 1987 GOLD REPORT MASCOT GOLD MINES
Back in 1984 a 300-ton-per-day Bgold milling operation was being considered. In 1985 that jumped to 1,500 tons per day. In early 1986 it was increased to 1,8 00 tons per day and by the end of 1986 th…
Drill programs of $2.5 million for Golden North
Diamond drill programs to cost approximately $2.5 million have been started on the Nickel Plate Mountain properties of Golden North Resource Corp., near Hedley, B.C. Golden North says the programs, un…
Energex seeks access road before production decision
In an interim report, Energex Minerals says mineral inventory on its A1 property in the Toodoggone area of B.C., now stands at approximately one million tons grading 0.20 oz gold per ton, combining po…
Evert Ross
Evert Ross, one of the pioneer mining contractors in northwestern Quebec, and the founder of Evert Ross Ltd., of Val d’Or (now Ross-Finlay Ltd.), has died at the age of 83. An emigrant from Sweden in …
Canadian juniors involved with Gwyder oil well test
A $4 million(US) oil well being drilled by a consortium of Canadian, U.S. and Australian companies is past the 8,000-ft mark and fast approaching its target depth of 11,000 ft. The well is testing a s…
Annual Coal Review 1987 COAL REPORT CROWS NEST
Crows Nest Resources, a wholly-owned subsidiary of Shell Canada, operates the Line Creek mine in the Elk Valley area of southeastern British Columbia. T he company also holds extensive coal rights in …
WHAT’S NEW Low-profile Jaw-crushers
Eagle Crusher Co. of Galion, Ohio, manufactures three low-profile jaw- crushers designed for underground and open pit mining. Ranging in height from 2.2-2.9 m, they are rated at 150-400 hp respectivel…
Vancouver Stock Exchange Market loses earlier volatility
While the Vancouver market has lost some of its earlier volatility, the over-all trend is still positive. Many investors are taking profits and this has led to some significant declines, particularly …
Cdn. Premium facing proxy battle
A proxy battle is shaping up for control of Canadian Premium Resource Corp., which now is controlled by Mahogany Minerals. A dissident shareholders’ group is soliciting proxies for a new management sl…
Precious metals
The 11th International Precious Metals Conference sponsored by the International Precious Metals Institute of Allentown, Pa., will be held in Brussels, June 14-18. The conference program will cover al…
Alotta drilling New Senator bet
A second drill has been added on the optioned New Senator property near Rouyn, Que., by Alotta Resources. So far, approximately 4,500 ft of a planned 20,000-ft drill program has been completed. Assays…