News

Editorial Research is alive and well

Research in the mining industry has been in the news of late, seemin g to debunk Science Council of Canada Chairman Stuart Smith’s contention earlier this year that the industry has been dragging its …


Mono Gold Mines boosts reserves

Additional drilling has enabled Mono Gold Mines to increase reserves on the company’s Madoc, Ont., area property to 249,940 tons grading 0.446 oz gold per ton. The reserves, which are not broken up by…


Letter to the Editor Westmin correction

It seems you were just a touch presumptuous in “promoting”our George Flumerfelt to the head of the class in our Mining Division, (N.M., Nov. 17/86). He’s a very capable guy but we still have Dick Ostr…


Alberta Stock Exchange Barron Hunter active

Wednesday close, Nov 26 Barron Hunter Hargrave Strategic Resources was the volume leader on the Alberta exchange this week, churning through more than 400,000 shares. However, the price was unable to …


Total Erickson completes major exploration program

A major exploration program has been completed at Total Erickson Resources’ Cassiar, B.C., gold property. And with the company’s new process plant now in operation, production from the Erickson mine d…


Spud Valley results favourable: McAdam

Diamond drilling by McAdam Resources on its Spud Valley gold propert y on Vancouver Island is continuing to yield favorable results, reports President John H. McAdam. Systematic drilling of the Linton…


Wharf sees 50% jump in Dakota gold output

A much improved operating performance at Wharf Resources’ South Dakota gold properties could precipitate a 50% increase in production next year, according to Alan Farmer, president. Leaching operation…


Chesbar ramp cuts values over 1 oz on Murgold bet

Assay results from the first part of a decline ramp being put down b y Chesbar Resources on Murgold Resources’ Chester Twp. property about 70 miles southwest of Timmins, Ont., have returned some good …


Brohn’s Gilt Edge reserve estimate

An estimate of mineable reserves at the Gilt Edge gold property nea r Lead, South Dakota, has been completed by a consulting engineer. Controlled by Brohm Resources, the property was purchased from La…


United Reef/Canhorn in joint venture

A joint venture has been formed between United Reef Petroleums and Canhorn Corp. to further explore the former’s Nickel Offsets mine acquired by Canhorn through its recent amalgamation. Under the term…


Gold output for Galactic Resources may come up short

Galactic Resources says 42,000 oz of gold was produced from its Summitville project in Colorado by mid-November. Production started June 5 and Galactic says a profit of $522,073 was posted for the qua…


Vedron advancing its decline ramp

A ramp on the Vedron Ltd. Timmins, Ont., gold property has advanced 450 ft, the company reports. Being driven to the 500-ft level, the ramp will provide access for underground drilling and bulk sampli…


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