South Pacific gold rush
Buried in the tropical rainforests in the western highlands of Papua New Guinea lies one of the world’s most important known undeveloped gold deposits — so big that when it comes on stream in the 199…
News
ON THE MOVE Victaulic Co.
Victaulic Co. of Canada has appointed Doug Irwin as district sales manager of no rth- central Canada, including Manitoba, northern Ontario and northwestern Quebe c. Based in Sudbury, Irwin has been a …
Westley, Nerco in joint venture
A joint-venture agreement has been entered into by Westley Mines and Nerco Minerals involving exploration of Westley’s Gold Pass property in southern Oregon. The agreement, subject to regulatory appro…
Major drilling is planned by Cambior at Mouska bet
Encouraging gold mineralization has been encountered by widely- spaced surface drilling at Cambior Inc.’s 100%-owned Mouska property in Quebec’s Bousquet Twp., immediately west of the Doyon mine, the …
Energex resumes drilling at Toodoggone Property
Drilling resumed at Energex Minerals’ Al property in the Toodoggone area of B.C. on June 17. The program has been expanded to include 25,000 ft of drilling which will be directed at the property’s lar…
Top of the heap
Skeptics scoffed when Pegasus Gold of Vancouver announced in 1979 that it was planning to put into production its Landusky and Zortman properties in Montana. Wi th a low grade deposit (0.027 oz gold p…
COATS Trading Features (August 03, 1987)
Encouraging drill results continue to come from Card Lake Resources gold property in the Harker-Holloway area north of Kirkland Lake, Ont. The issue, which was steady at $1.50, reported gold values fr…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (August 03, 1987)
July 28 July 27 July 24 July 23 July 22 Gold London Bullion Dealers afternoon (morning) $US per oz. 456.15(454.20) 453.15(453.10) 453.30(454.00) 453.95(454.75) 454.90(454.45) Gold Bank of Nova Scoti…
Fin amalgamates with Continental
Fin Resources of Toronto recently amalgamated with its wholly owned subsidiary Continental Precious Minerals. According to President Edward Godin, Fin and Continental will continue as one corporation …
50 years Ago AUGUST, 1937 FIFTY-SEVEN MINES SHIP TO TRAIL
During the first six months of 1937, shipments of crude ore to the Trail smelter for treatment from 57 small mines in the Kootenay-Boundary area aggregated 5, 085 tons. This constitutes a new record b…
Positive results from Fawn vein at Gunsteel bet
Positive results have been returned from an underground diamond drilling program on the Fawn vein at Gunsteel Resources’ Nugget property near Salmo, B.C. According to Stan A. Endersby, president, the …
How safe?
A recent spate of mine fatalities has many people wondering just how safe Canada’s mines are. Critics say the industry is killing off miners at an alarming ra te while others claim that a miner could …