Terra high on gold project
With more than $5.6 million in working capital, debt-free Terra Mines of Edmonton is hoping its Las Minitas gold project in northwestern Mexico will get the company back on the right track. Terra, whi…
News
Amselco and Galactic to develop Ridgeway
Approval has been given to develop the Ridgeway gold project in South Carolina which will be a joint venture between Amselco Minerals and Vancouver-based Galactic Resources. Ridgeway Mining, a wholly-…
Perlite producer searches for sulphur
Already a major producer of perlite (a light- weight aggregate with a variety of industrial uses), Vancouver-based Aurun Mines is diversifying into sulphur. The company has joined forces with Equinox …
Newfield, T & H reach agreement on nine claims
An agreement granting T & H Resources an option to buy nine claims owned by Newfield Mines in Garrison Twp., east of Matheson, Ont., for $150,000 has been signed by the two companies. The option gives…
Omni, Noranda in joint venture
Vancouver-based Omni Resources has signed a memorandum of agreement for a joint-venture project with Noranda Exploration on the latter’s precious metals Scar property in the Yukon. The 34-claim proper…
Noranda to drill at Band-Ore bet
A deep diamond drilling program will be conducted on the No 4 zone of Band-Ore Gold Mines’ gold property in northwestern Ontario by Noranda Exploration. The drilling will commence in late August and w…
Drilling stepped up at Joe Mann mine
Diamond drilling beyond the current ore reserve outline (910,000 tons, mineable, grading 0.22 oz gold and 0.30% copper per ton) has been stepped up on surface and underground at Meston Lake’s Joe Mann…
Queries Atlantic Mining files for bankruptcy
Please let me know if I can purchase back issues with information about Peddle Lake and/or Atlantic Mining Corp. The latter went bankrupt in March, l987. R. Hreha, Robbinsdale, Minn. Yes, you can. In …
People (July 06, 1987)
Ican Minerals — Guenter Liedtke appointed president succeeding Dieter Peter who has resigned as president and a director. Ralf Kleine has also resigned as vice-president mining and a director.
Analysts meeting
The 19th annual conference of the Canadian Mineral Analysts, jointly sponsored with the American Society of Mineral Analysts, will take place Nov 3-6 at Winnemucca, Nev. More information may be obtain…
Delaware moves on exploration
Exploration work is proceeding on schedule at Delaware Resources’ Snip project north of Stewart, B.C. The first of two diamond drills is on site and initial drilling will test anomalies which are loca…
Transfer okayed between Canacord and subsidiary
A deal between Canacord Resources and a wholly-owned subsidiary, Exador Resources, will see Canacord transfer its rights under several property agreements to Exador in return for common shares and war…