1987

Louvem, partners completing drilling at Courvan bet

Encouraged by a drilling campaign just concluding on the Courvan gold property near Val d’Or, Que., are partners Louvem Mines (52%), Courvan Mining (45%) and Aabarock Mining Resources (3%). The curren…


Villeneuve gets Sturgeon option

Villeneuve Resources has signed an optioned agreement giving the company the right to earn a 100% interest in 93 claims near Sturgeon Lake in northwestern Ontario. Located near the former producing St…


Golden Zone gets drilling results

A 10,000-ft drill program carried out by Golden Zone Developments has extended the mineralized zones in the breccia pipe on its Golden Zone gold- silver prospect in south-central Alaska. The Golden Zo…



Louisiana leads the way

In a week when a number of issues posted substantial gains, the Louisiana Mining issue lead the way with a 65 cents increase on its share price. According to Louisiana, the shares were responding to …


Ferronickel export duty hits at Falconbridge

Faced by imposition of an unexpected 25% export duty on shipments of ferronickel from the operations of subsidiary Falconbridge Dominicana C por A in the Dominican Republic, Falconbridge Ltd has halte…


Lively intersection by San Paulo at Leitch mine

A discovery that could well prove important has been made by San Paulo Explorations in an exploratory drill hole in a program it has recently started on the Leitch mine property at Beardmore in northw…


Ottawa changes 1947 Act affecting Hudson Bay M/S

Amendments have been made to a 40-year-old federal Act governing health and safety rules affecting the operations of Hudson Bay Mining and Smelting in the Flin Flon mineral area of Manitoba and Saskat…


Supreme Court to hear appeal by Lac

The legal battle surrounding ownership of the Page Williams mine in the Hemlo gold camp in northern Ontario has moved on to the next — and final — stage. The Supreme Court of Canada has given Lac Mi…


Former employees at Gaspe Copper to get assistance

The Gaspe Copper division of Noranda Minerals at Murdochville, Que., has set up an initial fund of $1 million to help former employees at the Gaspe Copper mine dispose of their homes in Murdochville. …


Christmas Cheer absent amongst market traders

There was little seasonal cheer for the majority of the resource issues on The Toronto Stock Exchange this week. Sloppy, directionless trading and continuing nervousness following the Oct 19th de…