Beaufield awaiting drill assay results
Assays are expected shortly from a 7,000-ft drill program under way on Beaufield Resources gold prospect in Douay Twp., Que. Located east of Joutel, the 111-claim property ties on to the boundary of t…
News
Macamic to explore Gateford chrome bet
A joint venture agreement has been completed between Gateford Resour ces and Macamic Resources which gives the latter company the right to earn a 50% interest in Gateford’s Reed-Belanger chrome deposi…
Obituary Verne Drake
Verne Drake, a former manager at Orlac Red Lake Mines in northwester n Ontario, has died in Saskatoon, at age 70. A graduate in mining engineering from the University of Alberta, Mr Drake spent a good…
THE EDITORIAL PAGE The winds of flow-through
Amid the recent speculation and fears expressed by many in the ind ustry that flow-through financing may be scrapped or revamped by Finance Minister Michael Wilson in the next federal budget, comes a …
Red Dog, Con mine see Cominco action
As anticipated, Cominco has decided to develop the Red Dog deposit in Alaska which will be the largest zinc producer in the western world when it comes on-stream in 1991. The decision coincides closel…
Nevada gold map
Nevada’s Bureau of Mines and Geology has released a new revision of its map of bulk-mineable gold and silver deposits and prospects. The million-scale map shows the locations of 74 deposits and 81 pro…
Nuinsco’s Cameron Lake ready for 2,700 ft ramp
Site preparations have been completed on Nuinsco Resources’ Cameron Lake gold property in readiness to drive the 2,700-ft-long ramp in the $3.6-million phase one underground exploration program funded…
McNellen seeks stock split okay
McNellen Resources, which has underground and surface work well unde r way at its jointly-owned Magino gold project near Hemlo, Ont., says shareholders will be asked to approve a 2-for-1 stock split a…
Coxheath going underground at Tangier, N.S.
A $3-million underground program is slated for Coxheath Gold Holding s’ Tangier property with $500,000 to be spent before the end of January, 1987, reports President Michael Riddell. The property is l…
Black Hawk shares soar on reorganization news
Investors appear to be greeting the news of the planned re-activatio n and re-organization of Toronto- listed Black Hawk Mining with enthusiasm. Over the past week, the share price has more than quadr…
Page-Williams Canada’s top gold producer
The Page-Williams gold mine at Hemlo, Ont., surpassed the Campbell m ine in gold production for the 3-month period ended Sept 30. The Hemlo mine, developed and operated by Lac Minerals but currently t…
New Privateer acquires pilot plant for Zeballos
A gravity concentrator has been purchased by New Privateer Mine for its small mining operation near Zeballos on Vancouver Island. The pilot plant is rated at 100 tons per day but Harvey H. Cohen, pres…