CROSS-CUTS Huge nugget find reported
It looks like a big baked potato, it’s said to weigh 74.6 oz and it could be worth at least $60,000. “It” is a gold nugget, discovered July 9 at Squaw Creek, B.C., that could be the biggest ever in Ca…
News
SUPPLIERS’ NOTES Robertson Research International
A new airborne geophysical and remote-sensing contracting/consulting service is available to the international exploration industry. Robertson Research Internat ional of the U.K. has expanded its geop…
Noranda divisions report second quarter earnings
Across-the-board improvements in all of Noranda Inc.’s resource divisions made it an encouraging second quarter for the company. Second quarter earnings were $103.1 million, or 66 cents per share aft…
Acadia pulls exceptional hole on Mooseland bet
Acadia Mineral Ventures has drilled what President Donald Smith calls “probably the biggest hole to be pulled in the Maritimes.” It’s hole E-5 put down on the east side of the Tangier River on the com…
Black Swan drilling indicates 100,000 tons
Drilling has established a reserve of 100,000 tons grading 0.35 oz gold at Black Swan Gold Mines’ Merriland property in Queensland, Australia. The company is operator for the project and has a 60% int…
Investor program
A global investor program, Corporate Expo, will take place Sept 21-24 at the Barbican Centre in London, England. Focus of the forum will be on precious metals companies. A round-table discussion of in…
News in Brief (July 27, 1987)
Meacon Bay Resources reports it has completed a private placement of 1,000,000 of its units at 10 cents per unit. Each unit consists of one common share and one share purchase warrant, each of the la…
Interaction drilling for Carlin-type sold
A drill program is under way at Interaction Resources’ Mill property in Lander Cty., Nev. The company has the right to earn a 51% interest in the property which is owned by Brican Resources and Bow Va…
Westley leases claims
Westley Mines reports it has leased 34 claims in southwest Oregon known as the Burnt-Peak project, covering a one-and-a-half mile strike length of a broad, northwesterly-trending gold-bearing zone in …
Goldenbell study on Pine Tree bet
An environmental impact study has been filed for Goldenbell Resources’ Pine Tree gold property in California. The study is required before receipt of a mining permit. Present scheduling indicates cons…
Letters to the Editor Thanks for almost nothing
Re your editorial Thank Wilson, for small mercies, and related articles June 29: The proposals contained in the White Paper on Tax Reform provide a great challenge to the survival of a stable and heal…
Pioneer Metals seeks control of Silbak mining division
VANCOUVER — Being “first in the door” has its advantages, according to the president of Pioneer Metals, Robert D Willis. Nine months ago his company approached British Silbak Premier Mines about part…