All-North encouraged by PGM assays in Yukon
Some very encouraging platinum group metal assays have been returned from All- North Resources’ Wellgreen property, 220 miles northwest of Whitehorse, Yukon. What is particularly attractive about the …
News
COATS Trading Features (February 02, 1987)
The two stars of the COATS system this week were Goliath Minerals and Golden Sceptre Minerals, which both opened trading at $1. At the market close they hovered around $1.55 each. Stripped of their va…
PCA closes Saskatoon mine due to heavy water inflow problem
After nearly 22 years of operation, Potash Co. of America is stop- ping operations at its Saskatoon mine, with resumption not anticipated until mid-1988. Heavy inflow of water is the cause, says Ken C…
Quartz Mtn. drilling cuts wide sections
Drilling has expanded the area of known mineralization at the Crone Hill property held by Quartz Mountain Gold Corp. Located in Oregon, near the Nevada border, the property was tested for extensions a…
Dolphin plans $3 million surface/underground work
Significant gold and silver mineralization has been discovered by Dolphin Exploration on its Cape Ray project in southwestern Newfoundland. The best results were from two drill holes in the Windowglas…
Asamera turns corner at Cannon gold mine
The Cannon mine project at Wenatchee, Wash., appears to have turned the corner. According to Bruce A. Kennedy, senior vice-president minerals for Asamera Inc.,”the mine is working beautifully” and mil…
News in Brief (February 02, 1987)
Ligneris Mineral Exploration has raised $940,000 in a public financing. Drilling is set to begin on the company’s Ligneris Twp. property and on its Glandelet Twp. property, both in northwestern Quebec…
SUPPLIERS’ NOTES Kent Process Control
New Jersey-based Kent Process Control, a manufacturing company known for developing such process control instruments as chart recorders and flow-meters, has ex panded its U.S. headquarters. Kent has m…
Better Resources builds reserves
Better Resources has come up with a drill- indicated reserve estimate for its Mt. Washington gold property on Vancouver Island. The reserves include some 194,700 tons at 0.23 oz gold and 0.99 oz silve…
Annual Coal Review 1987 COAL REPORT FORDING
With its head office in Calgary, Fording Coal employs about 1,300 personnel in Alberta and British Columbia. Established in 1968 to devel op coal re serves in the Fording River Valley, the company bec…
CROSS CUTS TOO LITTLE, TOO LATE
Last year the south face of the Afton open pit mine, near Kamloops, B.C., experienced what is known to mine engineers as a “severe toppling failure.” In other words some 7.3 million tons of rock broke…
Seadrift to drill on three prospects LD
Vancouver-based Seadrift International Exploration has entered into an agreement to acquire 100% of the outstanding shares of Macanda Mine Exploration, a private Ontario company, from its three shareh…