Durham may have a long wait for profits
During the past two or three years I have noted many comments rega rding Durham Resources and most of those comments were very positive. I wonder now why Durham has become so negative as far as market…
News
Pioneer awaiting feasibility on Puffy Lake gold project
A year ago almost no one in mining circles could tell you very much about Pioneer Metals, then a junior exploration company with a low grade gold and silver prospect in New Mexico. Now, the company is…
SMDC drilling at Jojay intersects mineralized zone
A 6,800-ft drill program has met with encouragement at the Jojay gol d property held by partners Saskatchewan Mining Development Corp. (SMDC) (66%), Claude Resources (34%) and Shore Gold Fund, which c…
Novamin proceeds on private placement
Montreal-listed Novamin Inc. says it was proceeding in the last two weeks of November to a private placement of its common shares with a maximum of 50 investors resident in the province of Ontario. Th…
Queenstake Res. sees profit in its 1987 gold production
The production season has ended at Queenstake Resources’ placer operations in the Yukon and gold output was 5% higher than last year. More than 6,400 oz of gold was produced from three main properties…
Goldhurst to drill
A drill program is expected to start this week on Goldhurst Resource s’ gold prospect in Walters Twp., near Beardmore, Ont. The small 3,000-ft program will test several geophysical conductors which ha…
People (December 08, 1986)
THE URANIUM INSTITUTE — Jan Murray appointed secretary-general succeeding Terence Price who is retiring.
Deep hole clicks for Seabright Res
The first deep drill hole put down by Seabright Resources on the Beaver Dam property in Nova Scotia has intersected gold mineralization 700 ft deeper than any previous drilling. As a result of the sig…
Norbeau plans deep drilling at Chibougamau
Norbeau Mines plans to drill six deep holes from surface on its Chibougamau property in northwestern Quebec to test the continuity of the Main and No 4 veins below the 1,000-ft level. Cost of the prog…
Greenstrike to drill Fifteen Mile property
A 3,000-metre diamond drill program is slated by Greenstrike Gold Co rp. on the Fifteen Mile Stream gold property owned by Pan East Resources. The goal of the program is to expand the total in situ ge…
Open pit journal to be launched in June
As part of an on-going program to establish a Centre of Excellence i n surface mining in Alberta, canmet has helped launch a new technical mining journal. The first issue of International Journal of S…
Citadel Gold seeks to restart Waea area mine
There may be a little more than iron ore coming out of Wawa, Ont., in 1987 if, as anticipated, Citadel Gold Mines successfully reactivates its dormant mining operation there by next July. Reserves are…