While activity in base
metals mining remains in a
slump due to low com-
modity prices, the North-
west is experiencing a

_minor boom in explora-

tion and extraction of
precious metals.

During 1986 a host of
gold mining projects went
into high gear. North
American Metals is work-
ing the Golden Bear prop-

erty west of Dease Lake,
Newhawk gold is in an in-
tensive exploration stage
in the Sulpherets north of
Stewart, abandoned mines
are being. reworked with
modern technology at
Surf Inlet and on Banks

‘Island, and other ventures

are being drawn to the
northern reaches of the
Coast Mountains by the
lure of potential wealth.

Westmin Resources

Ltd., an exploration and-

development company
with mineral holdings
throughout North
America, recently filed a
prospectus with the B.C.
Mine Development Steer-
ing Committee to develop
an abandoned gold and
silver property 15
kilometers north of
Stewart. The company has

been exploring the area’
since 1979, and pre-
liminary results indicate
Teserves of nearly nine
million tons of ore grading
an average 2.29 grams of
gold per ton and 67, 87
grams of silver.

The two. properties be-
ing examined are Silbak.
Premier and Big Missouri,
and an executive summary
of the prospectus sent to

Gold discoveries continue in Northwes. |

the ‘Kitimat- Stikine
Regional District ex-
presses the intent to
develop both properties
simultaneously using open
pit methods. Westmin

‘estimates the project will
create'120 direct ful! time
jobs for an unspecified
‘period of time.

The company is present-
ly involved in environmen-
tal impact assessment

La ek Pt ed, ed

Terrace Review — Wednesdify December 31, 1986 5

Ss .

a

studies. a
Further north of
Stewart at Newhawk Gold

Mines’ Sulphurets proper-

ty, plans have been laid to
establish a permanent
winter. camp early in 1987.
A -recent . statement by
Newhawk .-: president
Donald: McLeod indicates
spectacular results froma

new 17-meter crosscut on
continued on page 7

It all adds up to one terrific travel
bargain for Canada.

Because Pacific Western is
offering exceptional savings to
many of our destinations in
Canada. And our friends at
Canadian Pacific are offering big
savings to additional points too.

So you truly get.a great choice
of flights to a great choice of
destinations for a whole lot less!.

Seat Sale.

Celebrate |
Pacific Western Airlines

new alliance with

Canadian Pacific Air Lines

and save

55%

All you have to do is travel between’ *”

January 24 and March 11,1987.

But hurry! At these great prices...
seats won't last long. © 4

Round trip fare from Terrace. Ue

Reservations must be made 21 1 days prior
to travel © Minimum stay one Saturday night
© Maximum stay 30 days ¢ Seats limited on
some flights * Fares subject to change and
government approval © Transportationtax not
included * Other conditions do apply... .

VANCOUVER

$146

a

~ Cally your travel agent or Pacific Western at 638-0221

-__ ZPacificWestern