Teck set to reopen Newfoundland Zinc
With zinc prices firming at the 40 cents (US) per pound range, Teck Corp is said to be planning to reopen the Newfoundland Zinc zinc mine at Daniel’s Harbor, Nfld. Production at the mine, 63% owned by…
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Gunner gets option on Sweany claims
An option agreement has been signed between Sweany Gold Corp. and Gu nner Gold which gives the latter company the right to earn a 75% interest in Sweany’s Beardmore, Ont., area gold prospects. Gunner …
Obituary Carl Bischoff
Well-known mining consultant Carl Bischoff has died in North Bay, On t., at the age of 75. Born in Rome, N.Y. in 1911, Mr Bischoff was for several years employed as the chief engineer for Noranda Mine…
Hole substantiates Storimin discovery
Recent drilling by Storimin Exploration has confirmed a previously reported gold discovery in Moss Twp., about 70 miles west of Thunder Bay, Ont. (N.M., Aug 25/ 86). Latest drilling results include re…
Noranda’s reorganization may lead to Hemlo company
When some 225 Noranda Minerals staff pack up in November and move fr om their parent company’s head office to their own headquarters across the street, the special relationship between the Noranda emp…
News in Brief (September 22, 1986)
Contender Resources has changed its name to Strategic Communications Ltd. on a share-for-share basis.
Agreement could lead to renewed production at Beardmore by 1987
Gold production at an estimated rate of 15,000 oz a year could begin as early as next year in the Geraldton-Beardmore area of northern Ontario. A private company, Norben Gold Resources of Peterborough…
Beaufield options Falconbridge bet
A joint venture agreement has been signed between Falconbridge Ltd. and Beaufield Resources which gives the latter company the right to earn a 25% stake in 897 claims owned by Falconbridge. Located 30…
Golden Giant mine exceeds expectations
The Golden Giant gold mine in Ontario’s Hemlo gold camp continues to produce at levels exceeding predictions, reports Golden Sceptre Resources . The first mine in the famed camp to produce gold, pour…
Energex correction
A page one story in last week’s issue on Energex Minerals incorrectly stated the company had a 1986 budget of $24 million for exploration on its large land position. That figure should have read $2.4 …
Borealis drilling on NWT property
Development drilling on 5-m spacings to establish mineable reserves has started on Borealis Exploration’s Fat Lake area property in the Keewatin District of the Northwest Territories. A small open pit…
GOLDEN SHIELD EXPECTS TO SEE MIRADO FEASIBILITY BY OCTOBER
A feasibility study on Golden Shield Resources’ Mirado gold mine pro ject is expected to be completed by October, says President Raymond Mongeau.c To date the company has completed 700 ft of explorati…