LETTERS Unmentioned
Patrick Whiteway’s article entitled “Artificial Operators,” in the July issue, was very interesting and informative. The quality of the article was unfortunately marred, in our view, by the way you ha…
1987
Rogi-Aur Res. intersect gold at Val d’Or bet
Ore grade gold mineralization has been intersected in three of five holes drilled to date on the Annamaque-Faraday property at Val d’Or, Que., Rogi Exploration reports. Rogi is involved in a joint ven…
Bar in the picture on Nevada gold mine
The recent high grade gold discovery at the Buckhorn mine (N.M., Sept 21/87) in Nevada has tended to focus on two companies: Cominco Resources International and Equinox Resources. But Vancouver-based …
Que West refinances
A refinancing and capital reorganization program is in progress for Que West Resources. The company says it has an agreement with Cancapital Corp. and S.C. Equities, whereby these companies have acqui…
Dolphin driving a decline at Cape Ray gold project
A $4-million exploration program is being undertaken this year by Vancouver-based Dolphin Explorations at its Cape Ray gold project in southwest Newfoundland which includes the driving of a decline on…
New leach pad ups production for Grandview
Gold production at Grandview Resources’ Carson Hill mine in California has increased substantially with the commissioning of the No 2 leach pad. August production was 3,144 oz which compares to 2,332 …
Northair completing exploration on Willa
Northair Mines says the $2.1-million exploration program at its Willa property in southeastern B.C. is now over 60% completed. The 1,100-ft underground decline has reached the lower portion of the Wes…
Northway, Aur are partners at Bargold
Northway Explorations has entered into an agreement with Aur Resources on the 20-claim Bargold property in Barraute Twp., Que. Northway can earn a 40% interest by spending $2 million on exploration ov…
INVESTNEBT COMMENT Coxheath overlooked, report says
For investors looking around for a junior gold play with plenty of growth potential, Kleinwort Grieveson Securities Ltd. of London, England is recommending Coxheath Gold Holdings as a buy. While Seabr…
Nuinsco’s Cameron Lake ready for phase 2 ramp
We may be headed towards the cold months, but Toronto-based Nuinsco Resources is still in hot pursuit of hidden gold reserves. Just one week after announcing drill results from its Aldermac property i…
Gold production on line for Mascot
Gold production during August at Mascot Gold Mines’ Hedley operation was 8,920 oz and September output is projected to be 10,000 oz, says the company. The mill is operating at design capacity of 2,700…
Westmin, Colony boost reserves at Blue Moon bet
Reserves at Westmin Resources’ Blue Moon project in California have increased by about one-third following a drill program. They now stand at 4.1 million tons (probable and inferred) grading 0.06 oz g…