1988

Tundra increases reserves at Lamaque

Drill-indicated reserves at the former producing Lamaque gold mine have been increased to 1.73 million tons grading 0.19 oz gold per ton, Tundra Gold Mines (VSE) says. Located near Val d’Or, Que., the…


Dickenson acquires Wharf shares

Dickenson Mines (TSE) has acquired an additional 349,300 common shares, or 2%, of Wharf Resources (TSE) through purchases on the Toronto Stock Exchange. Dickenson now owns 6,030,411 common shares, or …


Esso to spend $1 million at Springhill

Esso Resources Canada, a wholly- owned subsidiary of Imperial Oil, is planning to spend $1 million on exploration to assess some coal deposits near Springhill, N.S. The program will include field mapp…



Echo BAy to triple Cove’s gold output

A 14-year mine plan which will see gold output triple at the McCoy/ Cove property of Echo Bay Mines (TSE) in Nevada has been completed by Pincock, Allen & Holt Inc., consulting geologists and engineer…



Rockford, Ranger merger

Toronto-based Rockford Minerals (TSE) and Northern Ranger Minerals (ASE) recently gained shareholder approval for a plan to combine their assets into a new company called Rockford Minerals Inc. (TSE)….


Toronto Stock Exchange (December 26, 1988)

A year-end rally continued to gain strength as the composite index rolled to a 23.88-pt gain to close at 3354.88 pts on volume of 33.5 million shares. Once again, the major driving force has been the …




Letter to the Editor Golden Rose history

In your paper of Nov 21, page 13, was an article on Noramco that interested me greatly. In that story, reference is made to the Golden Rose mine of Ontario. I would like to know if it is the Golden Ro…


Ontario paves way for base metals exploration

Hosting one of the biggest volcanogenic massive sulphide deposits (Kidd Creek) in the country, Ontario is hoping base metals exploration will pick up after a presentation at a recent mines and mineral…


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