Falconbridge Inc. has drilled several more mineralized intersections on the Lac Rouleau property, held under option by Beaufield Resources. The Lac Rouleau property is located in northern Quebec. The …
With production from the underground section of its 70%-owned Mobrun polymetallic mine well underway, Audrey Resources has completed its second quarter as an operating mining company. Production at th…
Net income of $3.3 million (24 cents per share) was recorded by Minnova Inc. of Toronto in 1987 compared with $4.65 million (35 cents per share) the year before. The company says metal production and…
An option has been acquired by Tanqueray Resources giving the company the right to earn a 10% interest in the Valley gold mine property. The project is located near Republic, Wash. Tanqueray can earn …
A positive feasibility study has been received by Neptune Resources for the company’s Colomac gold deposit in the Northwest Territories. The study, completed by Wright Engineers, says the Colomac coul…
Higher gold prices combined with production from Galactic Resources’ Summitville mine in Colorado brought the Vancouver company’s balance sheet back into the black. Galactic reported 1987 net income o…
In the article entitled “In the light of Pac-Corona suit plan your site visit carefully,” appearing on page B1 of the March 7 edition, there was attributed to me a comment to the effect that “if you r…
Two halt trading orders within 10 days have done nothing to stymie demand for the Argus Resources issue. While the share price dropped 51 cents to close at 88 cents , a gargantuan 1,773,800 shares ch…
Once again, the Prospectors and Developers Association of Canada has organized and executed a successful annual convention. With more than 4,000 delegates registering — the most at any of the associa…
Partners Muscocho Explorations and Flanagan McAdam Resources have agreed to purchase Westfield Minerals’ 50% interest in a large property in the Mishibishu Lake area west of Wawa, Ont. The property is…
Noranda Exploration Co. (Norex) has signed a letter of intent with Matachewan Consolidated Mines regarding its property along the Destor Fault. Norex has agreed, subject to a more formal agreement, to…
Junior-mining firm Orleans Exploration of Val d’Or, Que., was recently listed for trading on the Montreal Exchange (symbol ols). Orleans lists interests in three properties: Villeneuve, located about …
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