News

Big drill at Casa Berardi

With winter setting in, there is a lot of new drilling getting under way in Quebec’s Casa Berardi area. One of the latest to announce a big program is North American Rare Metals (ME) and its joint ven…


Touring Thompson wins northern support

Prospectors and explorationists in northern Ontario are in general agreement with the recommendations of the Thompson committee report on junior mine financing, Chairman Edward Thompson says. Last mon…


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…


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…


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