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

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