Minnova completes B.C. drilling
Minnova Inc. recently completed approximately 4,000 ft of drilling on International Maggie Mines’ Indian River property near Squamish, B.C. The drilling defined two mineralized exhalite horizons withi…
1987
Abermin to drill NWT gold find
A high grade gold-bearing vein system discovered during the 1987 season by Abermin Corp. will be further investigated by field work and an extensive drilling program next spring. The Wombat zone is at…
Westmin Resources boosts earnings
Net earnings for the first nine months of 1987 totalled $14.3 million compared with $5.4 million for the same period last year, Westmin Resources reports. Gross revenues during the same period amounte…
Fairfield listed
Recently listed for trading on the Montreal Exchange was Fairfield Explorations of Rouyn-Noranda, Que. (symbol ffr). The company reports it is starting a $407,000 exploration program on three gold pro…
Oz and Farboro option property
Two Quebec-based firms, Oz Exploration and Farboro Resources, have jointly obtained an option to acquire a 100% interest in property in Elmhirst Twp., in northwestern Ontario’s Thunder Bay mining divi…
Correction (November 30, 1987)
American Barrick Resources reported net income of $17.7 million for the first nine months of 1987. The Northern Miner printed an incorrect figure in the Nov 23 issue.
Perron Gold drilling H vein in preparation for drifting
In preparation for planned drifting on the 1,362-ft level at Perron Gold Mines’ Sleeping Giant project north of Amos, Que., a drilling program has been started to test the H vein, section by section b…
Kapalua planning drilling program
A drilling program to follow up on earlier exploration work is planned by Calgary-based Kapalua Gold Mines on its Briscoe-Bryce gold property in northeastern Ontario. President A. David Birkett report…
Cons TVX to buy interests in Chile
An agreement has been signed which will give Consolidated TVX Mining Corp. a 49% interest in mining concessions in Chile. The concessions include the La Coipa gold- silver property which was explored …
Field work to start at Coronado/Bourdeaux
Field work will begin immediately at Coronado Resources’ Davis Lake joint venture gold property in Saskatchewan’s La Ronge mining district, the company said. According to Coronado, the program will co…
Hector completes drilling B.C. gold/ silver claims
A 2,000-ft drill program on Hector Resources’ gold claims in the Iskut River area of northwestern B.C. has produced encouraging gold assays. Hector has a 100% interest in the claim group, which adjoin…
Hit the Jackpot
A large group of miners from Inco’s Frood mine in the Sudbury district of Ontario last week came up with the right number combination in the big Lotto 6/49 lottery, to win $1,600,000. The 58 people in…