Active summer for Vior Inc.
A drilling program is under way by Vior Inc. on the Matagami property in northwestern Quebec. Also, the company this month initiated, in partnership with Mazarin Inc., a drilling program on the Sheffo…
News
Soquem re-establishes presence in exploration
With an annual exploration budget of $4 million — $16 million committed for the next four years — the ground-breaking Quebec Crown corporation, Soquem, is bound to make its presence in the mining in…
Report from Calgary Drilling is in high gear
Flying over Courageous Lake in the N.W.T. one sees six diamond drill rigs in operation and an additional four rigs being set up. Leading this exploration effort is the team of Noranda Inc. and Getty R…
Ceremonial at Dona Lake gold mine photo plus
Ontario premier and acting minister of northern development and mines David Peterson (right), helps put up a sign marking the site of the production shaft that will be put down at the new Dona Lake go…
Northair control war is nearing its climax
The winner in the battle for control of Northair Mines will be decided at the annual meeting July 9. But in the meantime, Northair and its suitor, Nor- Quest Resources, are engaged in an information c…
Vancouver Island bet
Drilling has resumed at the Debbie property on Vancouver Island, a joint venture between Westmin Resources (the operator), Nexus Resource Corp. and Angle Resources. The initial joint venture budget fo…
Brohm to heap leach Gilt Edge project
Brohm Resources of Vancouver has decided to begin construction immediately on a Phase 1 heap leach production facility at its Gilt Edge mine in Deadwood, South Dakota. After the heap leaching producti…
Metal Prices FUTURES PRICES (July 06, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) June 68.95 68.95 68.90 — 1.90 July 69.20 68.15…
Granges drilling Windflower project
Diamond drilling is under way at Windflower Mining’s Goldfinch property southeast of Revelstoke, B.C. Project operator Granges Exploration confirms that 10,000 ft of diamond drilling will be completed…
Editorial Turning back the clock for risk takers
NOW YOU SEE IT — NOW YOU DON’T] Just what gives with that flip-flop on capital gains taxation as now proposed by Finance Minister Michael Wilson in his recent White Paper on tax reform? Wasn’t he on…
Real turnaround for Canreos under Belmoral Mines’ wing
There has been quite a turnaround in the affairs of Canreos Minerals. Under strong new management that has moved this company from the brink of insolvency into a healthy financial position, it is now…
Junior mining policy released for comment
The Ontario Securities Commission has released its new junior mine financing policy for public comment until July 30. It is expected that the policy will become official by September. The policy is ba…