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Lesislativ Library, C |
| Parliament Buildings, 9
| Victoria, B.C.

| V8V 1X4

rr

WEDNESDAY, AUGUST 30, 1989 |
Vol. 5, Issue No. 35 7

Phone 635-7840
Fax 635-7269. .

ASsay : results from a gold

- exploration project north of
| Stewart propelled the Vancouver:
Ҥtock. Exchange to record
-. trading volumes last week.-Index

and numbers of shares traded hit
a one-day historic high, and the

value of shares traded wasn't far.

behind.
The assays were from | cores

drilied out: of the: Eskay. Creek

property,” about :100 kilometers

north of. Stewart in the Iskut

River gold fields midway be-

tween Skyline’ s Johnny’ Moun-
tain gold mine and Newhawk’s

Sulphurets, -

‘Results from the Eskay Creek.

drilling program have been fil-
tering out over the past two
weeks and driving stocks steadi-

ly upward, The project is a 50-50
joint venture. between _Consoli-
‘dated Stikine Silver Ltd. and

VSE legend. Murray Pezim’s
Calpine Resources.’. Last Mon-
day, after’ assays were in that

- included a: 200.1 -foot section

averaging 2.877 ounces of gold
per ton, Pezim said he thinks

' Eskay Creek could be one of the

biggest. sulphide. gold deposits
ever found in Canada. —

Drilling results to date have.

led him to believe that the de-
posit is widely and evenly dis-

ee

persed rather than in concen-
trated vein structures, meaning
that if the deposit is mined it will
likely be a surface operation, not
an underground one, -

While Pezim and apparently a
large number of investors are in
a suppressed frenzy over Eskay
Creek, a mining analyst. with
one Vancouver investment firm
is taking a more cautious ap-
proach. ;

Twin River Estates, the affordable seniors’ housing

project at the east end of Lakelse Ave., has been so

. well received that project manager Dennis Palmu.and —

superintendent Cliff Johnston were looking over blue-
‘prints last weekend to start planning Phase II of the

open at the site, staffed by members of the Skeena

Senlor.Citizens' Housing Society who will conduct
tours and display samples of interior finish and other
items. Office hours will be 2 to 4 p.m. every Wednes-

day.

compen. Beginning today, an Information office will

After an absence of more than
10 years, loggers’ sports are be-
ing revived i in Terrace.

A day-long competition | that
will. feature. :axe-throwing, log
chopping; double:cross-cut saw

bucking, log burling and power

saw events, among others, starts
at 10 a.m. Sept. 3 on the Thorn-
hill Community Grounds, pro-
viding an‘:additional draw. for

the annual’ Skeena Valley ~ Fall.

Fair.
” Sharalyn Palagiat. who has

i been organizing and promoting

the show, “said last week that’

- more than 20 entries have signed -
many of them-~ Terrace-area loggers who com-

-peted on the circuit at one time,
she added. Assistance in staging
the show was primarily provided .

up . so ..far,

veterans of the logging sports’

show circuit from as far away as

the western U:S. and Alberta. :
She expects the entry total to”
stand at. about 30 by this,

weekend: *

‘What really blows my:
“min
cwe're holding this on the same -
“weekend as the biggest logging |

sports show in the world — the
PNE. These people passed that:

,” she remarked, ‘‘is that

up to come to Terrace.”
Three of the entries are

by the Terrace Downtown Lions
Club, with help from the
Centennial Lions.

The 15 events in the show,
plus four novice events, carry a
total prize package of $7,000.
Although the entry deadline was
originally set for Aug. 15,

Loggers’ sports revived for Fall Fair

Palagian said late entries will

_ probably be accepted. Anyone
interested in entering is advised

to contact Hal Althaus at
635-2062. |

The four novice events — axe
throwing, the chokerman’s race,
underhand log. chop and
obstacle pole bucking — will be
restricted to local entries only.

The day. will kick off with a
pancake breakfast starting at 8
a.m. on the community
grounds. —

- Stock exchange flips over Northwest gold find

day that drilling and assay re--

sults between 2+00S to6+00N — ;
on the 21 Zone discovery, which

continued on page 22

Halliwell
hauling
question
returns

TERRACE — City council
pondered a request Monday
night from Skeena Cellulose
for highway use permit to haul
750 loads of logs out of the
Newton Creek area, using |

| Halliwell Ave. as a haul route.

The only-access.to.Newton

| - Cteekioncthe-West-side.of: the?"

Skeena River above Kitselas

' Canyon, is through: North
“| Sparks St. and Halliwell. The’.

use of that route has been em-
broiled in conflict for. two
years, with residents: of the area

saying the logging truck traffic —

is too hard on the road and in-
appropriate for the area.
In the letter requesting the

permit, Dan Tuomi, manager

of forestry and planning for
SCI’s Terrace sawmill says the
750-load cut is the only cutting
permit left in the area under
the company’s five-year pian..
He proposes that hauling
would take place from Dec, 1
of this year to mid-March of
1990,

Tuomi also says the company
is willing to provide a flag per-
son at Uplands Elementary
School, which is on the haul
route, to alleviate concerns
about safety of school children.

Maximum traffic, he said,

would be 20 loads per day.

On a motion by ald, Ruth
Hallock council referred the
issue to its next Committee of
the Whole meeting. Ald. Mo
Takhar suggested inviting
Tuomi rs the meeting, and
Hallock cryptically stated, ‘‘It’s
time to review track, records.’’

Ald. Dave Hull added that if |

the Newton Creek haul takes
place this winter log hauling
out of the area will be finished
before Halliwell is resurfaced
next year.

The next date for a Commit.
tee of the Whole meeting has
not yet been established.

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