‘ " Castlegar News March 8, 1967 PINE POINT MINES Cash scene improv Pine Point Mines Ltd., managed to improve its fi- nancial status in 1986, after suffering a loss in 1985. David L. Johnston, the company’s president and chief executive officer, said Pine Point's net earnings last year amounted to $2 million, or 45 cents a share. In 1985 the company re- ported a net loss from opera- tions of $2.2 million or 49 cents a share. Revenue from sales total- led $96.7 million in 1986, compared with $110.1 million in 1985. ‘The quantity of zine con- centrate sold wag 261,700 tons and thequantity of lead concentrate sold was 156,100 tons. Of these amounts, 25,200 tons of zine con centrate and 82,700 tons of lead concentrate were re- corded at cost, and were de- livered to stockpiles at Pine Point. Final pricing and Settle- ment will take place after these concentrates are ship- ped to customers’ smelters. Production of 457,800 tons of zine concentrate and 163,800 tons of lead con centrates resulted from mill- ing 3,171,000 tons of, ore grading 8.7 per cent zine and 4.1 per cent lead. “The improved 1986 earn- ings were achieved under the accelerated production plan adopted in December 1985, which called for higher ore grades, lower strip ratios and signifieantly higher opera- ting rates,” the company said in a prepared release. “These factors resulted in unit costs of zine concentrate production of $111 per ton as compared to $201 per ton in 1985, and contributed sub- It’s income tinve to the end of 1987, and then the operations will per- manently shut down.’ The year-end inventory of tons over the 1985 year-end inventory. The year-end ore inventory was approximately 900,000 tons, reflecting mining rate above the mill capacity, Sumac picks up more claims in mine deal and takeover By CasNews Staff Sumac Ventures Ine., is _now in the possession of 60 mine claims and has secured a lease on a further six after taking over 24K Mining Ine. and finalizing a deal with Pearl Resources Ltd. Sumac adds in a prepared release that it has completed an underground exploration program at its property lo cated 72 kilometres north of Grand Forks. Exploration results show about 70 feet of strike length and 50 feet of vertical extent with 4.9 feet of vein width yielding .27 ounces of gold and 10.2 ounces of silver per ton, The zone is faulted below and an underground drill program to explore beneath the fault is being considered. Cost estimates Sumac has undertaken indicate that the mineralization indieated ‘by the raises and sublevels, can be shipped to one of several mills in the Grand Forks area for a return in profits. However, preliminary work indicates that the mineralization is not amen. able to heap leaching. At the same time 18,000 tons of old dumps that show a probable grade of .065 ounces of gold and 1.90 ounces of sil ver per ton, which have been exposed to surface weather. ing for more than 50 years, gives a better chance for re- covery Another oil crisis predicted for world, thanks to U.S. OTTAWA (CP) — The Organization of Petroleum Exporting Countries will probably send the world into another oil crisis and U.S. foreign policy is at least partly to blame, say3 a mem- ber of a private research gropu based in Washington. Weekly stocks TORONTO (CP) — Despite some profit-taking, the mar. kets in Toronto and New York closed at record levels Friday, capping a bullish week that saw Canadian re- source stocks soar. The TSE composite 300 in- dex jumped 17.99 points to close at 3,637.08, eclipsing Thursday's mark. The index climbed 138.15 points on the week to add 3.95 per cent to its value. The paper and forest prod ucts subgroup was the big. gest gainer for the day and the week, moving up 2.77 per cent on the day and 9.85 per cent since last Friday The golds, which picked up 7.21 per cent on the week, fell 47 per cent Friday on some profit-taking In New York, the Jones industrial average rose 3.80 to 2,280.23, hitting a néw closing high for the third straight day and finishing the week with a gain of 54.24 points. Decliners outnumber ed advancing issues 844 to 689 with 426 unchanged on a volume of 181 million shares. ‘The market seems to have developed a pattern, which is not unhealthy,” said analyst Don Dillistone of Richardson Greenshields Ltd. “It's quiet, then is spiked up, then is quict, then is spiked up After the big gains Wed nesday and early Thursday, you could see it start to spin its wheéls late Thursday.” Dow me ao CINDY WONG Stylist Henry Shuler, of the eorgetown Centre for Strategic and International Studies, says he expects the crisis to develop within the next six or seven months, with world oil prices hitting about $24 US by the end of the year. Oil prices, currently around $18 US a barrel, have been fluctuating but are gen erally recovering from the crash that saw them dip as low as $10 early last year. Schuler made his com ments before the parliamen. tary energy committee hold. ing a series of meetings to study the state of Canada’s oil and gas reserves and sec urity of supply The 1974 crisis, in which OPEC cut production and drove prices up, ended large- ly because of the influence of Saudi ‘Arabia, Schuler told the committee. The Saudi government persuaded other cartel mem bers they had to avoid ali- enating the United States because they might require American support in the face of unrest in Iran and the Soviet occupation of Afghan istan. But Washington's ap proach to the Middle East has changed dramatically since. The deal to sell arms to Iran is one example, but only the latest in a string of events. CASTLEGAR SAVINGS CREDIT CATCH A GOOD RATE UNION TERM MORTGAGE 10.5% Call for an appointment to discuss opportunity. LIMITED TIME OFFER. (May be changed or withdrawn without notice) CASTLEAIRD PLAZA 365-7232 SLOCAN PARK 226-7212 |-Welcome—* PHONE 365-6700 For appointment 621 Columbia Castlegar BEV POSTNIKOFF s a sil Sumac is continuing nego- tiations regarding several other heap leach projects and the company is ready for an increase in net cash flow this year, subject to completion of heap-leach financing. Sumae’s strategy is to be- come a profitable gold pro- ducer by capitalizing on the depth of its management team in special situations. instruction booklet is bigger with an easier,to-follow format and it includes a list of commonly asked avertiqns vie the Fisedin seagate answers. Also, 'the tax tables have been expanded from an of taxable income to $40,000, which ly. people from having to calculate their tax a tr 26 milion and bad arithmeti it year. Those errors partrier in Touche Ross Ltd, Revenue Canada says that in the 16 omcs tax returns filed last year, there were at Jeast 4.7 million mistakes, almost half of them serious enough to cause a delay in processing, Error- free returns are'processed in four weeks. One serious problem can hold up a refund’ for several weeks, even months, sineé the department may have to contact. the taxpayer to correct the error, DATA MacInnis says the thing you should ee ath beer sure you have all the documentation you need — from your employers, tax guide, T-5 slips ‘— ne investment income, plus receipts for deductions you're claiming. Then, read the guide all the way through, with the form beside you so you can mark the lines on the form that apply to you, This way, you're less apt to miss something. MacInnis suggests you do your dependants’ returns first. That way you can see which of their unused deductions you can transfer to lower your Own taxable income. Make use of the practice form — and do it in pencil, Everyone makes mistakes and it’s a lot less frustrating if you can simply rub them out. “Most people can get through it,” says MacInnes. “It's a mistake to run off to H and R Block or the local gas station or wherever they're doing taxes these days when most people could do it themselves.” FORM SIMPLER. - This year, the federal government says the tax forms have been simplified to cut’ down on mi The weren't engugh to delay returns, since eo computers simply Clyde i them, says Contracting future discussed “By CasNews Staff what contractors can expect d that all The future of in Castlegar was just one of the topics addressed at a first-ever general meeting of Castlegar area contractors Thursday morning. More than 50 contractors met at a break- Chernoff said contractors from Nelson, Trail and the Castlegar area attended the breakfast which included a discussion on the latest in fast to listen to guest speaker Al Classen of the Workers’ Compensation Board and “generally. just to, get to know one another,” said Nick Chernoff, owner of Trowelex rentals and sponsor of the breakfast. “We talked about the fore- cast for the future for con- tractors,” said Chernoff after Midnight to 5:00 a.m. the kfast. “We «me NIGHT SHI WCBp and the legal angles of local contracting. “We really wanted all the local contractors to get toge- ther and to talk,” said Cher- noff, “mainly so that when they bid against one another they will know who they are up against , . . there will be less animosity.” Chernoff said he plans to make the breakfast meetings a regular event. balancing appearances as a stand-up comedian with his radio duties, Don brings a true talent to entertain to the Satellite Radio Network. > Lisa’s radio career has involved many areas of the broadcast industry, such as news, traffic and promotion, but it’s her work as an on-air personality that Lisa finds the most satisfying. She’s dedicated and has a natural ability to communicate. Lisa is a welcome addition to the Satellite Radio Network. “It's Great To Be In The Kootenqys” SWEEP CITY . . . Team partners sweep rock at Castlegar Curling Rink yesterday. The action was a part of three day women’s curling bonspiel which wraps up today. _CasNewsPhoto by Surj Ratton HAWKS CALL IT QUITS “Alright, we give up, you guys win.” Although they didn’t say it in so many words, that was the message the Beaver Valley Nite Hawks gave to the Castlegar Rebels on Thurs- day when they asked the Rebels and the Kootenay International Jenier play the game, then why subject one of the few players on the team who does give an honest effort to take Surj Rattan a pair of skiis, hitching a ride on a T-bar (I just love those T-bars) and then shooting down a mountainside. Thomas, Courtnal lead Maple Leafs TORONTO (CP) — Steve Thomas and Russ Courtnall scored two goals each to lead the Toronto Maple Leafs to a 1-2 vietory Saturday night over the New York Islanders. Rick Vaive, Wendel Clark and Peter Ihnacak also scored for Toronto, 26-346, which entered the ganie five points back of the St. Louis Blues and the fourth and final playoff berth in the NHL's Norris Division. Ken Morrow and Richard Kromm scored for New York, 28-2810 and second in the Patrick Division. New York outshot Toronto 33-28, but Leaf goaltender Ken Wregget was superb. Islanders starter Kelly Hrudey was replaced by Billy Smith when Thomas put the Leafs ahead 5-1 on their 16th shot at 15:24 of the second period. OILERS 5 CANADIENS 3 EDMONTON (CP) — Jari Kurri scored his 45th and 46th goals of the season on perfect setups from Wayne Gretzky to Jead the Oilers to a 5-3 vietory over the Canadiens in a fast, spirited NHL game Saturday night. Mark Messier, with two, and Jaroslav Pouzar got the other Edmonton goals. Mike McPhee, Brian Skrudland and Ryan Walter scored for the Canadiens. PENGUINS 7 NORTH STARS 3 BLOOMINGTON, Minn. (AP) — Mario Lemieyx and Troy Loney scored in the opefiing One minute and 33 nds and the Penguins went on to an easy 7-3 NHL victory over the North Stars. The triumph was Pittsburgh's third over Minnesota this year in as many tries. Lemieux finished the game with two goals, his 44th and 45th of the year. Dave Hannan also scored twice for Pittsburgh, while Randy Cunneyworth and Dan Quinn each added a goal and two assists. SABRES 5 NORDIQUES 5 QUEBEC (CP) — Christian Ruttu’s goal 37 seconds into the third period lifted the Buffalo Sabres to a 5-5 tie with the Nordiques Saturday in the first game of a crucial home-and-home series between the two NHL teams. The tie allowed Quebec to hold onto fourth place and the last playoff spot in the Adams Division. The Nordiques, whose 57 points are two more than Buffalo, will play on the road tonight against the Sabres. Buffalo overcame deficits of 3-0 and 5-3. WHALERS 5 FLYERS 3 HARTFORD, Conn. (AP) — Sylvain Turgeon scored two goals and goalie Mike Liut stopped 28 shots Saturday as the Hartford Whalers beat the Flyers 5-3 to extend their It was the fourth two-goal game for Turgeon since he returned to the lineup Jan. 9 from an abdominal injury that kept him out of action the first half of the season. He has 16 goals in 28 games. ‘ The Whalers broke from a 1-1 tie by scoring three times in a 6:21 span of the second period, including the pair by Turgeon, to end Philadelphia's three-game winning streak. BLU ST. LOUIS (AP) — goal and set up Greg Paslawski’s game-winner with an assist, leading the St. Louis Blues to a 5-3 NHL triumph over the Red Wings. Federko gave St, Louis a 2-1 lead with his 14th goal of the season at 12:48 of the second period by gathering in a loose puck to the right of Detroit's goal, skating in front and beating goaltender Glen Hanlon with a backhander. Rob Ramage's power-play goal made it 3-1 for the Blues at 17:23, but the Red Wings closed to 3-2 less than two minutes later with the benefit of a freak goal before Federko helped the Blues more away. BLACKHAWKS 4 DEVILS 3 EAST RUTHERFORD, N.J. (AP) — Chicago defence- man Doug Wilson scored two goals, including the winner with 2:56 to play, as the Blackhawks defeated the New Jersey Devils 4-8 Saturday to extend their NHL unbeaten streak to eight games. , Wilson's second goal came when lie put his own rebound past Devils goalie Craig Billington. Denis Savard set up the goal, breaking into the New Jersey zone and firing a shot at Billington, who made the save. The rebound bounced out to Wilson, who slapped it past Billington on his second try. Chicago began play two points behind second-place St. Louis and one ahead of fourth-place Minnesota in the Norris Division. BRUINS 3 CAPITALS 2 BOSTON (AP) — Steve Kasper converted the rebound of Ray Bourque's shot from the point for a power-play goal to give the Boston Bruins a 3-2 NHL overtime victory over the Washington Capitals on Saturday. Kapser won a faceoff and got the puck back to Bourque, who blasted theshot on net at 1:26 of the extra period while the Capitals’ Kevin Hatcher was in the penalty box for hooking. Boston goalie Doug Keans had held the Capitals scoreless with spectacular saves over the first two periods | until Lou Franceschetti scored at 8:39 of the third. Gaetan Duchesne f with.a:20-foot backhand shot Hockey League to cancel their best-of-seven-game playoff series. To no one's surprise the Rebels won the first two games of the series by identical 15-2 scores. I'm glad the Nite Hawks raised their white flag and surrendered because now their goalie, Eric Vol- patti, doesn't need to go through the torture of taking on the Rebels all by himself in two more games. It’s not surprising that Volpatti has let in 30 goals in two games. What's he supposed to do when his defencemen (and correct me if I'm wrong) who are to be on the Rebels on all by himself?’ ~ By calling it quits half-way through their playoff series, I think Beaver Valley has finally admitted something I have known all along. They're a bad hockey team. A real bad one. Am I beating a dead horse here? * © « Speaking of calling it quits, I see Todd Brooker has done just that after the 27-year-old retired from the Canadian men’s national alpine ski team last week. I tend to become violently upset his side virtually step aside when they see the Rebel forwards com- ing? In the first game of the series, the ~ Rebels could have scored a lot more goals than the 15 they did, had it not been for Volpatti's great perfor- mance between the pipes. He rob- bed the Rebels of several scoring chances. But if the rest of the team is not going to put out the same effort to I hear say they are going to quit skiing. Tl make an exception in Brook- er's case because after all his knees are sending him a pretty important message. “Just one more time Brooker. You take a spill on skiis just one more time, and the two of us are history with a capital ‘H’ pal.” But I think-Skiing is such a fun sport. Honest, I really do. There's nothing like strapping on I can understand Todd Brooker callilng it quits to skiing. He really has to, but at least he likes skiing. But when someone quits skiing oh, let’s say after just one lesson, well that’s where I really become angry. Those kind of people really burn me up. They're not even willing to try to learn the sport, for God knows what reasons. Maybe the snow was too: cold. Maybe the T-bar nearly killed them. Maybe the sun was in their eyes. Maybe the wind was too strong. Maybe the T-bar nearly killed them. Maybe their boots were too tight. Maybe the T-bar nearly killed them. These are some of the feeble ex- cuses some people give for calling it quits to skiing after only one lesson. Well, these people have a very serious attitude problem as far as I'm concerned. I can honestly say that skiing is a fun, enjoyable sport that I person- ally cannot get enough of. And I just love that T-bar. Wink, wink. Belczyk places in top ten NHL unbeaten streak to six games. past Keans to tie the game 2-2 at'15:58 of the third period, PAT SANDER'S TEAM B.C. rink takes title LETHBRIDGE, ALTA. (CP) — A confident Pat Sanders knew when she put her rink either this year a Canadian women’s title was not~ outside the realm of possibility. The diminutive 32-year-old office supervisor from Victoria realized that goal Saturday when her British Col- umbia champions defeated Kathie Ell- wood of Manitoba 9-3 to win the Scott Tournament of Hearts. The reason for her optimism from the outset was the recruitment of two 21-year-olds — third Georgina Hawkes and lead Deb Masullo. “They've got that killer instinct be- cause they've been there before and I knew they really wanted this one,” Sanders said of the two former B.C. junior women's champions who lost a national final in 1985. The only holdover from Sanders’s previous women’s teams, second Louis Helinveaux, and fifth Elaine Dagg- Jackson will represent Canada at the world championship in Chicago, March 22-29. Canada has won the world title the last three years. B.C. and Manitoba finished the 12-rink, round-robin competition at the Sportsplex on Thursday with identical 83 records. The Manitobans, however, earned a bye to Saturday’s finale with a victory over B.C. in the preliminary rounds. The Sanders rink reached the cham- pionship game Friday night with a 10-6 win over Helene Tousignant, whose Trois-Riviers, Que., team was playing its third game of the day. After finishing in a tie for third place at 7-4 with Alberta and Saskatchewan, Tousignant defeated Karen Gould of Grand Prairie, Alta., 6-3 in a morning tiebreaker and then toppled Kathy Fahlman's Regina foursome 9-3. Sanders, whose poised and cool de- meanor throughout the week-long event has made her appear almost aloof, said her experience in mixed nationals prepared her for her first national women's appearance. “We knew what to expect out there with all the TV cameras on us,” she said following a seemingly routine per- formance against Manitoba. “We've had that pressure before.” The B.C. rink stole one in the seconds and added two in each of the fourth and sixth ends, capitalizing on misses by Ellwood and her Winnipeg teammates. However, she said it wasn't until she cracked another deyce in the eighth end that Sanders felt she had control of the game. “I really didn't feel in control until the eighth end when we got our two,” Sanders said. DON KENNEDY Don's first radio job was in 1973, and before long his warm personality, coupled with a knack for dialects and character voices, soon led to what has become 4 very successful broadcasting career. Deftly LISA BULL in men's downhill race Castlegar native Felix Belezyk came up with a 10th place showing in yesterday's America's Downhill on Colorado's Aspen Mountain with a time of 1:49.17. Pirmin Zurbriggen, leading a Swiss sweep of the top three places, won the race and added the World Cup downhill title to the overall crown he captured a week earlier. Zurbriggen, 24, edged teammate Daniel Mahrer by five one-hundredths of a second. Zurbriggen was timed in one minute 47.29 seconds down the icy, bumpy course, and Mahrer had a 1:47.34, Karl Alpiger, was third in 1:48.04. Zurbriggen, who earned his second World Cup overall title in Japan last week, clinched the dowhhill discipline as well with Saturday's victory. It was his fifth downhill triumpth of the season and gave him the maximum of 125 points. Swiss veteran Peter Mueller, the only skier with a chance to catch Zurbriggen in the downhill standings heading into Saturday's race, missed a gate and was diqualified. Mueller’s time of 1:47.58 would have been good enough for third place. Zurbriggen became the first skier since Karl Schranz in 1970 to win the World Cup overall and downhill titles in the same season. . The versatile Zurbriggen flashed a broad smile after crossing the finish line and seeing his time. “i'm very happy,” he said. “Winning the downhill title was an important goal for me. “You always make a few mistakes on a difficult course like this, but I had no major problems on my run.” Mahrer, first out of the start house, posted a quick time that appeared to hold up until Zurbriggen came down 15th, start number that could have been a disadvantage on the ‘ rutted course, which deteriorated in bright sunshine and warm weather. ; EQUALS BEST “The bigger the holes are, the stronger Pirmin skis,” said Mahrer, who equalled his best previous finish in a downhill Mahrer, the Swiss national downhill champion, said he was confident he could win, but added, “You never are sure of victory until Primin finishes.” Finishing fourth was Italy's Michael Mair in 1:48.57, followed by Mare Girardelli ofLuxembourg in 1:48.58, Anton Steiner of Austria in 1:48.92, Helmut Hoeflehner of Austria in 1:48.98 ands Switzerland'’d Franz zheinzer in 1:49.01. Doug Lewis of Salsibury, Vt., placed ninth in 1:49.13 despite hitting a gate. Mueller, who has triumphed at Aspen four times, was critical of the setting of gates on the course. “The course preparation was good,” he said. “They prepared the snow on the line of last year’s course. “But they then moved the gates off that line. So many of the gates were set out of the line of the last five years.” Mueller said he skied wide of the gate about two-thirds of the way down the course when he “didn't see a bump and it threw me three metres off line.” ‘A men's super-giant slalom is scheduled here today. Zurbriggen is a favorite in that race, too, since super-G standings leader Marcus Wasmaier of West Germany is injured. Zurbriggen and Girardelli are tied for second place, 10 points behind Wasmaier. Zurbriggen also leads the giant slalom standings this season. If he captures both the super-G and GS titles, he would become the first skier since Jean-Claude Killy in 1967 to win the overall and three individual discipline titles. Graham likes the press CANMORE, ALTA. (CP) — Laurie Graham settled herself atop the patio table, set aside her skis and poles and acknowledged that after five days of inactivity it was good to even talk to the media. “Usually, when you're training each day, the media is a distraction,” she said Friday after training for the women's World Cup downhill was cancelled for the third straight day. “But this week we haven't really done any skiing . .. it's good to even sit here and talk to the media.” Graham, of Inglewood, Ont., and the rest of the women's World Cup downhillers finally got on Mount Allan's Olympic downhill course Friday, but only for inspection. “At least it feels like we're doing something,” she said after the late-morning inspection of the course that was too dangerous to ski because of soft snow covered with an icy crust. “This has always been a hurry up and wait sport,” Graham said of downhill skiing. “Downhill takes four days of good weather and in the winter time that doesn't usually happen. “So you're on hold a lot and you just get used to it.” Even so, the poor ski conditions on Mount Allan, about 80 kilometres east of Calgary, prevented the women from skiing the course and that was beginning to fray the nerves. -- LEADS RACE Maria Walliser, the defending downhill champion who leads this year's standings with 75 points and also is the overall World Cup leader, was obviously upset with the constant waiting. “I came to North America to race, not to stay here and do nothing,” she said. “I f I see it (the course) next year like I see it now, it will be very, very difficult to run it here. It's a nice downhill . when they can do it.” Asked if she would be disappointed if unable to race the downhill here before next year's Olympics, Walliser walked away and snapped: “Why do you make me crazy with all these questions?” Mount Allan, a $25-million provincial government development, is the site of the Alpine events for the 1988 Winter Games. The number of women’s downhills this season was reduced to seven from 10, leaving the hecers with lots oftime in between. If they can't race here and get in the two downhills next week in Vail, Colo., that would still only give them six downhill races. There were also two donwhills in the world championships last month. RISKS TENSION “Last year at this time we had had seven races already,” said Graham. “This year we're only had four World Cup downhills so far. There was so much time in between, so much dead time, that if you stayed keyed for the whole winter yhou'd be a basket case by the end.” Whether the women-will get to race downhill on Mount Allan this week remains qestionable. Heinz Krecek, the International Ski Federation technical delegate, decided Friday they would try once more today to hold two training runs. If the runs can be held today the downhill will be raced Sunday and the super giant slalom moved to Vail. If, however, the downhill training can't be held today the race will be cancelled. That would be a major blow to Mount Allan's image. This is the first major test of the facility and so far its multitude of critics, who complained years ago the hill lacked nataral snow and had too much wind, appear to be correct