Winnipeg Free Press

Winnipeg Free Press (Newspaper) - June 22, 1981, Winnipeg, Manitoba 12 Winnipeg free press monday june 22, 1981 Wayne free press cd Milvor said on the weekend that Hudson Bay mining and smelting company has agreed to process the concentrate at its flin flon Plant. The Deal gives us 90 per cent of the Gold and Silver he said. They made the offer last february and we re still waiting for the Green Light to go ahead and ship the stuff to flin Milvor said the Cost of last year s operation ran to about which came from the pockets of the four partners. He s convinced there s still another tonnes sitting on the Bottom of the Lake waiting to be brought surface. Well think about going after it As soon As we see How we make out when the concentrate is he said he was still damned Happy that they went ahead with the venture whatever the financial outcome. That Story about the sunken tractor train with loads of Gold concentrate has been kicking around the North for so Long somebody had to try to do Milvor added that he has three or four other prospects not Only Gold he and his partners Are looking at. Our spirit of adventure is As Strong As Ever. The Only thing holding us Back is paper workers vote on pact tomorrow striking members of the Canadian paper workers Union at Macmillan Bloedel packaging Ltd s Plant at 1360 Inkster Boulevard will vote tomorrow on whether to accept a tentative settlement reached Friday. Acceptance of the proposed contract would end a strike by 66 hourly paid workers that began april 29 at the Plant which manufactures corrugated cardboard boxes. Chris Monk business agent for the Canadian paper workers Union local 830, said contract details were being withheld until after tomorrow s vote. He declined to predict the outcome. The paper workers Union which has negotiated contracts with the company since 1955, was seeking pay parity with workers in similar Macmillan Bloedel plants in Calgary Edmonton and new Westminster b. C. Laurent Olivier president of the 750-member Canadian labor Congress affiliate said earlier that pay parity with other Western corrugated Container plants would necessitate raises totalling an hour Over two years. Average pay in the Plant was an hour before the strike. The paper workers have been without a contract since the end of february. In Industry executive Iff gel gush in prices by Ritchie Gage a Canadian Petroleum Industry executive says a sledgehammer move to Rise the Price of Canadian crude Oil to world Price Levels is needed to stimulate sagging West pm Oil exploration. Or. Ernie Pallister president of Pallister resources management told the annual meeting of the Canada West foundation Here sat urday that Canada should bite the Bullet and not slow pay towards world Price at the wellhead. We need a sledgehammer he said not a he said Western Oil production is dependent on a rapid conclusion of Federal provincial talks and a quantum increase in the Price of Canadian crude. Pallister a former vice chair Man of the science Council of can Ada was one of three Petroleum executives to discuss the current state the Industry at the meet ing. The Canada West foundation is a non profit research organization which studies Western issues. Pallister said the United states has been Able to come to grips with paying world prices and Canada needs to do the same. Currently in Canada the nation Al Energy program Calls for the Price of Canadian Oil to be held significantly below the world Price. The Price schedule now in place provides for increases from this year to in 1986. The five year from now Price however is less than today s Cost of imported Oil. Pallister said bringing the Price of Canadian crude to world Levels would have an immediate hard effect on fuel costs but he said it has to be done to bring canadians around to reality. Ian Mackay exploration vice president of pro Deco Oil and Gas ltd., said Canada s Oil potential is massive but bringing it on Stream in time to meet Short term demand is a major concern. Canada is a potentially Energy deficient nation whose citizens be Lieve to be Energy Rich and act accordingly. Our conventional crude is declining Mackay a former adviser to the government of Kuwait said that by the year 2000 Western demand alone will eat up Western product Ion because the West s demand by 2000 will grow to barrels a Day while production Levels will be barrels a Day. Mackay said Western Canada now consumes 36 per cent of its Light crude production but that will increase to 60 per cent by 1984 and 100 per cent by 1986. Pallister said Canada could be self sufficient by the year 2000. He said this should come with the development of the North and off Shore sources such As the Beaufort sea and the East coast s Hibernia development. However Pallister said the intervening years will present prob lems. He said with Oil Sands plants taking 10 years from plan to production we cannot expect a significant increase in Domestic product Ion from those sources until As late As 1990." James Gray executive vice president of Canadian Hunter exploration ltd., 90 per cent owned by Noranda mines spoke against Canadian government involvement in the Oil and Gas Indus try. He said the government s nation Al Energy program is regulating Canada into an Energy crisis. He pointed to Hunter s lion investment in exploration in the . And said hundreds of Small drilling companies have gone South. Gray said there were Wells drilled last year in Canada by these companies. This year he estimated about to Wells will be tried. This reduction in drilling is National he said. Taking a breather Kevin Rimmer takes a breather after doing 10 laps on a Niini family route in a cancer research Bike a Thon saturday in Kildonan Park. About persons took part in the 50-Kilometre Bike a Tho n sponsored by the Manitoba medical students association. Adventurous Gold hounds await payday by Bob Lowery Winnipeg free press Thompson four men who ran a Northern Manitoba legend to ground last summer Are still waiting to find out if their adventure will pay cold hard dividends. The men raised nine tonnes of supposedly Gold Rich Ore from the Bottom of Island Lake recovering the concentrate from sleds that passed through the Lake ice on March while being hauled to a refinery. The recovered Ore was flown to Thompson last october and is now stared in a garage the location of which is being kept secret. The four Don Milvor the former mayor of Wabowden Bruce Kondratuk of Winnipeg Wayne Wamboldt an erstwhile Nova Scotia and Abraham Mcpherson 66, a trapper who was the Only Man who knew where the treasure was hidden brought the Gold up from the 21-metre depth during a four month dredging operation. Deal for hink twice Vantage Vantage lights 20 cigarettes King size lately you May have Given the whole subject of smoking second thoughts. You might even be smoking a Milder cigarette. But it could Well be you re still not satisfied. So think about Vantage. Or think about the new mildness of Vantage lights. Now there s a Choice for the smoker who has a taste for today. The contemporary Choice. contemporary Choice. Warning health and welfare Canada advises that danger to health increases with amount smoked avoid inhaling. Average per cigarette Vantage 11 my. Tar 0.8 my. 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