1988

Writing reports can be drudgery, and perhaps this is why reports are so often badly written, president Ian Thompson of the Association of Exploration Geochemists, (aeg), says in a preface to a new boo…

Newmont Mines has optioned the Ithingo Lake gold property from Claude Resources. Located in northern Saskatchewan, the Ithingo property was the site of a surface gold discovery made by Claude last fal…

This time of the year is typically a slow period for stock exchanges and Vancouver is no exception. Without much liquidity in the market (yesterday’s volume was only 10.2 million shares), investors ar…

The chairman of Denison Mines, Stephen Roman, has been named an officer of the Order of Canada by Governor- General Jeanne Sauve. Roman, a resident of Unionville, Ont., was one of 22 officers, 43 memb…

Recent drilling at the Mishibishu Lake gold project in northwestern Ontario has extended the main ore zone to the northeast and northwest and also the west zone which is located 2,500 ft west of the m…

The phrase “year-end holiday” seems to have been taken literally by investors on the Montreal Exchange, where daily trading volumes slowed almost to a trickle as the week wore on. Those investors that…

The president of Toronto-based Dickenson Mines, J. O. Kachmar, has been named president of Wharf Resources in a shake-up of the latter company’s board of directors. Dickenson, which currently owns alm…

Familiarity breeds contempt, according to the old adage. It often takes an objective “outsider” to recognize qualities that may be taken for granted by those who know a situation too well. So it see…

A funding agreement has been completed in principle, between Canamax Resources and its major shareholder, Amax Gold. Under the deal, Amax will make available to Canamax a $10-million (US) revolving cr…

Small junior mining companies have often been credited with outperforming senior companies in mineral exploration. It is widely believed that the juniors have found more mineral deposits than the seni…

Ontario’s first zinc mine since the Kidd Creek operation came into production in the 1960s should be in full production by the end of the first quarter. Minnova decided late in 1986, shortly after the…

The unusually high grade character of the gold ore disclosed on the Ryan Gold Mines property on the Yellowknife River in the Northwest Territories is indicated by the deal which was made between the o…