WHAT’S NEW Carbon Monoxide Badge

A Texas-based company, Tracor Atlas, is marketing an indicator badge for use in work environments where there is a danger of carbon monoxide buildup. Good for 30 days, the Dead/Stop badge changes color to warn when the level of carbon monoxide is approaching or exceeding U.S. government regulations.

The badge returns to its original color when flushed with clean fresh air for 2 to 3 hours during the 30-day life of the badge. — 30 —

** Suppliers’ Notes ** Boliden, part of the Trelleborg Group since Feb 1, 1988, acquired a number of units within U.S.-based Allis Chalmers at year-end 1987. (Allis Chalmers manufactures and markets minerals processing equipment.) These companies, which have since been renamed Boliden Allis, manufacture crushing and screening equipment and pumps for the mining and construction industries. Boliden Allis now consists of about 20 companies in Europe, North and South America and Australia. The company is divided into three divisions: Crushing & Screening Equipment; Pyro Processing & Pumps; and Solid Liquid Separation. A record depth of drilling operations with a large cross-section has been reached in the Donetsk coal field in the Ukraine. A 940-m-deep shaft, 2.6 m in diameter, has been drilled by reactive turbine drilling. The new method has greatly accelerated the construction of shafts. This method will be used for the modernization and technical re-equipment of the Soviet coal industry. Up to the year 1990, it is planned to drill close to 20 vertical shafts at existing mines. The diameter of the drilling will be brought at first to 4 m and then to 5 m. — 30 —

** GOLD FINDS AT LAKEHEAD ** Seven miles north of the Lakehead cities of Port Arthur and Fort William, Ont., interesting gold discoveries are being explored on the Universal Exploration Co. (1937) Ltd. and Gorham Gold Mines properties. Work at the Universal property was carried on right through the winter months and resulted in uncovering new and promising showings. Additional surface exploration is being proceeded with, and tentative plans are being laid for attack underground by means of an adit. — 30 —

** ANOTHER FLOOD IN THE NORTH ** Northern Manitoba and northwestern Ontario are experiencing a flood similar to the one of biblical times. Mining companies report the country saturated, rivers flooded at an all-time high and surface work almost impossible. Reports from Berens River and Favorable Lake, where a big mill is being completed, tell of 19 days of rain and, at the time of report, still continuing. At the power site, where up until this time there was an all- time high of 4,000 cu ft per second (of water flow), the average for a 10-day period has been 5,000 cu ft per second. This has made necessary the stopping of work and there will be a one- month delay in the opening of the mill.

** GOLCONDA MINES STRIKES GOLD ** Golconda Mines Ltd. has uncovered a rich showing of gold and has obtained some encouraging assays in recent surface work on its property in the Duparquet district of Quebec. Coarse flakes of gold, some thumb- nail in size, were found concentrated at one point six inches wide and two feet long in the contact zone between quartz-porphyry and sedimentary rocks. The property is located about eight miles east of th e Beattie mine.

** McWATTERS HAS NEW LIFE ** A radical change in the outlook for McWatters Gold Mines in Quebec has come about resulting from ore developments in No. 4 shear on the 775-ft and 900-ft levels, The Northern Miner can say after visiting the property last week.

Diamond drill results below the 900-ft level indicate that the ore continues down satisfactorily.

** GOLD PRODUCTION COSTS $22.19 ** The average total cost of producing one ounce of gold in Canada at the present time is $22.19. Gold prices are $35(US).

Including all charges, the total cost of producing gold in Canada ranges from $11.15 an ounce to $41.55 an ounce. The record for the lowest cost gold produced belongs to Hallnow Mines, at $11.15 per ounce. Pickle Crow Gold Mines comes second with a per ounce cost of $16.90; Dome Mines third, $17.08; Lake Shore fourth, $17.15; Bralorne fifth, $17.67. — 30 —