The Golden Highway FOLLOWING THE BREAK
On the side of a tavern along Highway 66 near Kirkland Lake, Ont., the sign reads “Go with the Flow.” The diamond drillers along the Golden Highway that runs from Timmins, Ont., to Val d’Or, Que., dea…
1988
5-year modernization plan will cost CCR $46 million
A 5-year modernization plan costing $46 million will be undertaken by Canadian Copper Refiners (CCR) at its Montreal East plant. David Goldman, vice-president responsible for the CCR division of Noran…
Hedging their bets (October 03, 1988)
A falling gold price might normally cause gold-mine operators to shudder, but recent developments in bank-related financing and hedging techniques have afforded a degree of protection to big and small…
Tundra
Described as Canada’s largest undeveloped gold resource, the Tundra deposit is reported to host potential reserves of some 32 million tons grading 0.20 oz gold per ton. The deposit is located 130 mile…
Encouraging results encountered by Goldpost at Ft. Hope property (October 03, 1988)
Surface drilling on Goldpost Resources’ (TSE) Reserve Creek property at Fort Hope, Ont., has encountered significant assays the company reports. A 10,000-ft drilling program is currently under way to …
Book Reviews Mapping the landscape
The Canadian Geoscience Council, in cooperation with the Canadian Government Publishing Centre, present a report of the Advisory Committee on outputs in quaternary and engineering geology entitled: Ma…
Garrison looks good
There are a number of good reasons why the Jonpol Explorations (TSE), T & H Resources (TSE) joint venture at Garrison Twp. has been one of the most talked about exploration plays in the Harker-Hollowa…
Canadians search in secret for first diamond producer
It has been likened to buying a billion dollar lottery ticket — the odds are sky high but the rewards could be just as rich. Even though the history of diamond exploration in this country doesn’t sup…
Editorial Pre-election profligacy
Pre-election spending by the federal government has been compared to that of a drunken sailor on shore leave, but such a comparison is grossly unfair. It’s likely to give drunken sailors a bad name. …
Correction (October 03, 1988)
Contrary to what appeared in The Northern Miner Sept 26, QPX Minerals’ QR deposit has reserves of one million tons at 0.2 oz gold per ton.
Galactic earnings drop
A delay in the start of the 1988 mining season and debenture issue costs totalling $1.932 million(US) led to a seasonal second quarter loss of $4.348 million for Galactic Resources (TSE), up considera…
Financing (September 26, 1988)
ONTARIO Alterio — final rec iss offer min 625,000 & max 1,250,000 @ 80 cents per unit to net min $465,000 & max $930,000. VANCOUVER Camas — gross proceeds rec $200,000. Gold Torch — gross proceeds…