Largest research team being built by Yorkton
The largest mining research team in Canada is being established by Yorkton Securities. Using a formula which has proven popular in Europe, but remains new to the Canadian scene, Yorkton is building a …
News
Placer Dome and Fairfield conclude option agreement
After negotiating with several majors, Fairfield Minerals (VSE) has concluded an option agreement for its Oka and Elk properties with Placer Dome (TSE). Located in the Okanagan region near Peachland, …
Giant Bay begins drilling Bering Sea placer project
Another innovative mining practice has attracted the attention of Giant Bay Resources (TSE). One of the pioneers in bioleaching refractory gold ore, the company has turned its attention to exploring o…
Montreal Exchange Audrey uncovers lens
A new massive sulphide lens has been discovered by Audrey Resources some 800 ft southeast of its producing polymetallic Mobrun mine, the company reports. Audrey, which traded 50,400 shares and moved u…
Viscount/Skylark mine producing 140 tons/day
Full production is now under way at Viscount Resources’ (VSE) and Skylark Resources’ (VSE) jointly owned O.B. silver-gold mine at Greenwood, B.C. The mine started shipping 80 tons per day to the nearb…
Metal Prices FREE MARKET (April 11, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Apr. 5 Apr. 4 Apr. 1 Mar. 31 Mar. 30 Copper 1324-1326 N/A N/A 1355-1358 1310-1312 Lead …
Cominco/Dore
Two companies: Cominco Ltd. and a TSE junior, Dore-Norbaska Resources, have decided to spend about $975,000 on a claim block in Noyell Twp., in the Casa Berardi region of Quebec. The decision follows …
Breakwater sees record production and profits
The past year has been one of tremendous change and growth for Breakwater Resources (TSE). The company turned in record production and profits, became free of bank debt and paid its first semi-annual …
COATS Trading Features (April 11, 1988)
Tarzan Gold continued to be a volume leader this week, trading more than 90,000 shares. The price, which is almost double the original issue price of 75 cents was $1.65. The company has a large portf…
Bentley ups reserves at Bagdad Chase mine
A recently completed drilling program has increased open pit reserves at Bentley Resources’ (VSE) Bagdad Chase mine located in the Mojave Desert of southern California. Reserves have increased to 1,10…
Investment Comment Strong lead, zinc base making Cominco a buy
An expected end to the recent copper “boom” may not be music to the ears of Cominco Ltd.’s Vancouver-based executives. With an output of 194 million lb in 1987, Cominco was Canada’s second- highest le…
With adit in place Geddes targets Windy Craggy ore
Toronto-based Geddes Resources (TSE) has almost completed a 7,000-ft adit at the Windy Craggy copper-gold-cobalt-zinc project in northwestern B.C., shareholders were told at the company’s recent annua…