Golden Terrace option
Golden Terrace Resources (TSE) has acquired an option to earn a 50% interest in the DeSantis gold property near Timmins, Ont. The option was acquired from Stan North Mining, a private company controll…
1988
Books Premise examined
The Centre for Resource Studies examines the wide-held premise that “more remote” means “less economic” for mineral exploration and development. The economic analysis and comparison of mining potentia…
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 …
Wilanour,Annco, Wilmar merger
Wilanour Resources (TSE) recently announced that a meeting of its shareholders and those of its subsidiaries, Annco Mines and Wilmar Mines, has been called for Dec 28. The meeting will consider the pr…
U.S. REPORT Brican drilling Nevada property
A reverse circulation drilling program by Brican Resources (VSE) is under way on the Cottonwood gold prospect, part of the North Peak project, in Nevada’s Battle Mountain district. The 18-hole drill p…
Kewagama drilling at Granada bet
A preliminary underground drilling program at the Granada property in northwestern Quebec has been completed, Kewagama Gold Mines (Quebec) (ME) reports. A total of 3,288 ft of drilling was carried out…
Westgate has major plans
Westgate Mines Limited of Calgary, Alta., plans to launch a major gold development approximately 50 miles northeast of Hanes, Alaska. The property is situated on the British Columbia/Alaska border, on…
Canaustra finds sulphides on Gull Pond property
A new discovery of polymetallic sulphides has been made by Canaustra Gold Exploration (VSE) on the Gull Pond property in the Baie Verte peninsula of Newfoundland. The discovery was the result of back-…
People (December 19, 1988)
SINDOR RESOURCES — Fred H. Loghtner appointed president and chief executive officer.
Bullish outlook for base-metal producers
Base metal prices may slip back next year from their 1988 highs if economic growth slows but they will likely remain significantly above their early-1980s lows for the period 1989-1993, London-based M…
McFinley finds new zone at Bateman Twp. project
Dogged by development problems at the Bateman, Twp., gold project near Cochenour, Ont., McFinley Red Lake Mines (TSE) finally had some good news in its recent interim report to shareholders. The compa…
Video Library
The Toronto Geological Discussion Group and the Prospectors and Developers Association of Canada are jointly establishing a library of videos on mining, mineral exploration, mineral economics and econ…