B8 Terrace Review — Wednesday, January 31, 1990

BUSINESS _

Lr “IN BRIEF —

Wightman and Smith In-
surance Agencies has been
| named as the Terrace sub-
agent for the B.C. govern-
» ment’s Employee Investment
Program. |
The program offers advice
and financial assistance for

ment with their employees.

‘An Employee Investment
Program gives workers a
chance to share in company
profits and can also let the
company raise capital by sell-
ing shares to its employees.
The program, delivered
through the Ministry of
Regional and Economic
Development, includes pro-
vision for setting Employee
Venture Capital Corpora-
tion.

Incentives are in the form
of tax credits and grants for
set-up costs. .

Doug McLeod is the con-

tact person at Wightman and

companies that wish to set up
a part-ownership arrange-

Smith.

-Home-based businesses
now have their own official
newsletter.

The B.C. Ministry of
Regional and Economic
Development announced last —
week that the first copies of
B.C. Home Business Report,
a 24-page quarterly publica-
tion, will be sent out to .
10,000 home businesses
throughout the province
before the end of January.
Minister Stan Hagen said the
newsletter “‘will form an im-
portant communications link
between home-based
business people, providing
them with current informa-
tion... and enabling them to
share ideas.”’

The ministry claims that 50
percent of all new B.C. busi- -
nesses start at home, and it
cites a prediction that by the
year 2000, 40 percent of all
paid work will be based at
home. -

‘Where To Find It

_ Government to fund access road
| study for Windy Craggy mine

While the B.C. government :

and a consortium of three min-

ing companies: thrash out. the-

terms of the Iskut Valley road-
building project behind: closed
doors, the Ministry of Energy,

Mines and.Petroleum Resources:
has put up $50,000 to study an- .
other potential mine access road -

further north, ©
‘The Windy Craggy project is

located in the Haines triangle, |
the northwestern-most corner. ‘of

B.C. in the massive mountains

at the-top of the Alaska pan-:

handle. Toronto-based Geddes
resources is in its: third year of
exploring what they hope is one

.of the biggest base metal

deposits in Canada. The com-
pany has spent $36 million so far
attempting to define the ore
body and it expects to spend an-
other $10 million in 1990. By
that time the data should be ade-
quate to complete the feasibility
study on the mine.

The exploration process has
been unusual, Due to severe
weather and the short summer

season at the high altitude on the
exposed sides of Windy Craggy

mountain, Geddes -decided to.

drive a tunnel directly into: an

‘area of extremely high gold
values identified during the sur- -

face drilling program. From
within the tunnel, a series of
radiating drill holes could be

sent outward to further explore .

the ore body on an around-the-
clock. basis.

finished in March 1988 and the
drilling went on 24 hours a day
until May 1989. Following sub-

‘sequent programs that included
further tunelling and surface

drilling, Geddes determined that
the mineralization consisted of

“two massive sulphide deposits
‘with geological reserves calcu-
lated at 150 million tonnes, 75

percent classed as probable
reserves and 35 million tonnes as
proven.

Copper is the primary mineral
value, and Geddes plans an infill
surface drilling program for the
summer of 1990 to upgrade

The. 1: 8- kilometer. tunnel. was”

reserves in anticipation of a sur-
face mining operation. At .
20,000 tonnes per day, the com-
pany says, the mine could prob-

-ably support 15 years of strip

Operation and another 15 years

of underground. mining. The
workforce would number about

600 people. ©
The road study will determine

which of several proposed routes

is best to connect the mine site

with. Highway 3, The road, de-

pending on which route is
chosen, will be between 100 to
140 kilometers long. The mining
operation as planned by Geddes
would use the road to truck cop-
per concentrate at a rate of 25
loads per day to the port of
Haines, Alaska, a total distance:
of 255 kilometers. Exploration
has also identified traces of
cobalt, gold and silver in the
deposit.

Geddes is expected to submit
its Stage I environmental study
for Windy Craggy to the Mines
Development Steering Commit-
tee within the next few weeks. -

AUl-WEST

TERRACE LTD. _
4711-A Keith Ave.

“Auto Glass Specialists
ICBC claims handled promptly

638-1166

by Bev

TOTALHAIR CARE

2803 Kenney Street
Terrace, B.C.

. CHANGES " Wolfe Tanning System

~ LANZA products

Phone for an appointment

635-9666

PRO-TECH

635-5134

SATELLITE TV

Cancom/Valuevision authorized dealer

ELECTRONIC
ENGINEERING

Residential, Commercial and industrial
Elecironic Equipment

i wie Ss

(A DIVISION OF LACK OIL iwoUSTaNES ur: i]

4519 Lakelse, Terrace

HI-QUALITY BELTING & -
CONTRACTING SERVICES
Inflatable Boat Repalrs
Durable — High Quality .
Vulcanizing Repairs

We specialize ini conveyor belt
installations, splicing, and repairs
vulcanizing and pulley lagging

638-8530 24 HOUR SERVICE 638-0663

Rust Protection for

New and Used
Vehicles

Norm’s Auto Refinishing Ltd.
635-3929 | ses0 Kerr, rennace

TOTAL

BUSINESS SERVICES

- * TYPING.
* VOICE PAGERS * PHOTOCOPYING
* 24-HOUR ANSWERING SERVICE .

638-8195

#1-3298 Kalum St., Terrace, B.C., V8G 2N4

C CRUISERS t 1 MARINER OUTBOARDS
ILTON & OUTBCAAD MARINER JETS:
 HOMELIGHT LAWNMOWERS ~
. YAMAHA'S & 4 WHEELERS
YAMAHA POWER PRODUCTS

~ DESIGN —

West Coast a

. -Landscaping 7

INSTALLATION - -
MAINTENANCE

— Jon Blake

Weddings ©
Portraits
Family Sittings:

Dry Mounting

| doris P Dhoto Graphics

* Jonn Roders Gusto Framing

5 Minute Passposts

Mat Cutting
Posters
“Limited Editions

SHINDAIWA CHAIN SAWS: -
DiLNG. 7550 & POWER: PRODUCTS

(635-2909 4946 Greig Ave., Terrace

‘Laminating

Bus. 635-5288
Res. 635-5544

635-2572

3823 Simpson Cres,
Terrace, B.C,

COMMEACIAL — RESIDENTIAL

* LAWN REJUVENATION
"4 PRUNING * SPRING CLEAN UP

SWIFTY

MUFFLER CENTRE

“If you 're satisfied, tell others
at not. ‘ . tall us.”

4918 Greig Ave,
Teirace, B.C, V8G 1N4
Phone 638-1991 |

4609 Lakelse Ave., Terrace, B.C,
Terrace, B.C. V8G 1P9

Your complete
source for all
your heating
needs.

Northwest Consolidated
Suppy Ltd.
5239 Keith Ave., Terrace

~ Customer service is our No. 1 priority
— First quality shop service
~ Fast, friendly and efficient
full service attendants
~ Complate personolized service

e Prices are VERY Campatitive e
AWWA Investments Ltd, -

“TERRACE ESSO SERVICE 1988

ee Lakelse Ave., Terrace, B.C.
636-1168 |

RON or AL

. 635-7158