Corana.“is: going’. ahead’-with
_ -Blans'to devi ic in
_ the -Bskay:Creek’ area’ despite: a’.
potential partner pulling out of
the project;;says a'spokesman, - shares * and:: those. of ' Place:

5A: feasibility: study -is | ‘in

done on a mine with a'400 ‘fon

. per day’ processing” capacity,

_ Said Mac Gibbs last week, Leggatt;-.

* That’s:350. torts per day less:
than the size Placer Dome had

in mind whei-it considered in-

‘vesting in the project, | 3

:, Placer'spokesman Hugh Leg

"(gat said the ‘amount of money

his company would have had ta: . day, it seems to fit pretty good.
invest: up. to $240: millio: Lid Et’s going to be nkab!
Jeturn for-50 per cent. of the. :jéct,”” he said:

‘cash flow — wouldn't have

8
re

viable initie for Coforia if i Will

Pp

- s
ps

Gn. 750 tong pe

-SApital for:100. per cent’.o
“gash,” hesaid, "4:
2 ““We simply needed

__IT WEIGHS 60,000 pounds and it's Jim Shirey's baby. Called
a tamper, the machine straightens CN tracks in the northwest
by lifting them slightly and then aligning them, Ballast is Push- -
"80 back on to the rail bed at. the same time. The tamper left -
Terrace by truck last week’ to Prince George for winter
“Maintenance, Pee

Ontrack — |

TERRACE —The Terrace and
District Chamber of Commerce’.
‘has asked the city. for $10,000 to
‘begin a. campaign: to ‘combat’ |
vandalism, - - tay Be

Interest from the amount will
be used to set up‘a reward Pool
for information leading to the
conviction’ of. people who: |
destroy or damage property,
chamber . president: Sharon
Taylor said last.week: ... .
“We're going to cali it Van-
dal Watch, . as eee
Neighbourhood - Watch,” said .
- Taylor of the campaign ‘schedul-'-
ed to start mid-February,

Also being asked to ‘supple:
ment the reward account are the
regional district, _ the School FF...
board and businesses*- "=~

Final details’ have .yet:.to. be,
worked out but the vandalism. .
reporting systent: will’ work: oti:
publicizing the RCMP emergen-.." am
cy phone ‘number and a Separate
Phone number for..tips,’ said”
Taylor, ee
~The amount: of rewards and
how they will’be paid will be the .
esponsibility ,for..a ‘committee
“comprising of hamber and
-, othter members, she added.
: , There will “be ‘an. extensive

el

*. Publicity .cdimpaign to” make:
people aware of the’ damages
“and costsiof vandalism and of

‘TERRACE *—." International

develop ‘a gold mine in’ ‘Creek area as one‘of the hottest .
gold ‘plays on the continent.'As
a result International: Corona

udy..is being: “Dome dropped in value.’..
““Tt?s: the :market. that hyped
- Eskay Creek, we didn’t,’ noted

“+ International ‘oronla's'Gibbs |

“ said’ the: Placer: Dome decision
“hasn't affected his “com

» overall plats. 8
“Phe project we're looking
$s a bit smaller, ‘At 400 tons per

a

iven it a sufficient. rate of
‘On'its own, weithink itis
ut up. 100 per cent:.of the | ~Placer.:Dome retains an in-
‘:difect 22 per cent interest in the
project by.owning 44 per cent of.
_Stikine’ Resources. That com-
:» Pany and Prime Resources con.
“trol the Eskay Creek Project.
_~ International. Corona ig: the
developer” of © the » project

rok AL

in ‘Prime‘and:40,9 per cenit in-
‘terest’ in: Stikine, ‘giving it. an

He said Placer's figiires based
‘overall: 46.

per.day would have

‘
ia

not to invest |
low: sets: into.
of options on the

ooo

Played avery Friday at 9:30'a.m. on 9.90 AM Radio In’.
*. Terrace. and 96.4 FM Radio In tha Nass Valley:

‘[ MULTIPLE Gane FORMAT = TICKETS ONLY Step

2 games for 4 games for $1,000.

avery

other week’ |

* market “watchers and-investors .
_'who had been touting the Eskay | -

" to acquire all of Placer’s Stikine

: .If Placer:doesn’t' accept that fi
‘0:  offer,..it- can ask International |
‘: Corona to ‘cause Stikine
Resources to Prepare a prospec-
"tus “permitting Placer to sell its
- Stikine shares to somebody else,

. . through:its 49.8 per cent interest |

Percent interest’in |.

‘the steps ‘to “help fight van- |
dalism, said Taylor. ;

s

September 1992). 9.
” And should that not happen,
International Corona is to offer

shares in exchange for its own
common shares: -

“NO COSTLY FRILLS OR GIMMICKS
_ NO MEMBERSHIP FEE

the Keys

This holiday season,
us do the driving.

(EW YEARS BASH}
NEW YEAR Away! J

“IRMET BUFFET = sd
Coane & Midnight Buffet ;
Novelty Dannee ee
Semi Formal . Horie:

Transportation = , . 1
\ Lote Se wes
Music The Howlers :
: by Big Bark © VAM
musts aoe until. 2:30 a.m.
$28 per person
$54 per couple
Tickets avaliable at the fro |

desk

an [ oinecT FACTORY PURCHASES

4/2 those of regular stores

Terrace
0 Kelth Avenue = tanta"
635-4111

Thursday & Friday
Sunday

Closed

OPEN TO THE PUBLIC;

OT ture a Mattreeses for less... A LOT LESS!
o> Furniture & Mattresses for less... AL |

FO HUGE MANUFACTURERS’ DISCOUNTS
(&% vovume DEALER - Low PROFITS
LARGE SELECTION OF BRAND NAMES

TREMENDOUS SAVINGS!

Prices as low as

9am.-6p.m,
Sam,-9

p.m,

7

allable on the bus.
bus service on Dec. 25

Ne éat's Eve timetables :

“Dec. 26 and Jan.1

NG DR
ERA

age Dasha ga ope cee

ae iT