Pure Gold drilling at Keezhik
The first drill hole completed by Pure Gold Resources on the company’s Keezhik Lake property has intersected gold mineralization. Hole KL-86-1 cut 6.6 ft grading 0.375 oz gold per ton from 114.8 ft-12…
News
Ketza River royalty goes to Canamax
Canamax Resources plans to pay more than $3 million for the 20% net profits interest held by Ketza River Mines on Canamax’s Ketza River property in the Yukon. The royalty was acquired by purchasing a …
McGill seminar, mineral evaluation
A seminar on mineral project evaluation techniques and applications will be held Feb 9-20 at McGill University, Montreal, by the university’s department of mining and metallurgical engineering. It is …
Duration prospectus filed with exchange
A preliminary exchange offering prospectus has been filed by Duration Mines with the Toronto Stock Exchange. The offering, for 400,000 common shares, will be made through the TSE on a day to be determ…
McIntyre agreement, management buy of Smoky River Coal
McIntyre Mines says it has an agreement in principle for a management purchase of all of the shares of its wholly-owned subsidiary, Smoky River Coal, which produces metallurgical coal at its mine near…
Editorial Image takes a back seat to survival
Some years ago, when the mining industry was in a much healthier s tate and had more time and money, it spent quite a bit more of both in considerations of public relations. A much-misused and frequen…
90 barrels shipped from nation’s first oil mine
It cost $50,000 a bbl — about twice the cost of a barrel from the Beaufort Sea or the Arctic Islands — but Devran Petroleum and Shell Canada have made their first shipment of oil from a unique under…
California Gold sees potential for underground deposit
California Gold Mines says results from the first exploration phase of the Alpine mine area of its Zaca gold project in California, point to the potential for a high grade underground deposit. The com…
Pioneer’s Puffy Lake to produce this year
Another primary gold mine will be entering production in Manitoba this year. Pioneer Metals Corp has announced plans for an $18.1 million 500-ton-per-day mine at its Puffy Lake property located 45 mil…
People (January 26, 1987)
TECK CORP. — William R. Bennett appointed a director.
Correction (January 26, 1987)
MSV Resources was incorrectly reported in last week’s issue as being under the wing of Cogesco Resources. That should have read Somicom Management Inc., not Cogesco. MSV has an option to earn a 49% in…
Echo Bay underground at Nuinsco’s Cameron Lake
It may have taken Echo Bay Mines a little longer than expected to make up its mind on Nuinsco Resources’ Cameron Lake gold project, but now that the all-important decision to head underground has been…