While no further work is contemplated at the present time on the Red Lake area gold property of Craibbe-Fletcher Gold Mines (COATS), at such time as access can be provided from the underground working…
Lest there be any doubt, First Toronto Capital (TSE) is “first and foremost a mining house,” President Chrisilios Kyriakou told shareholders at the annual meeting in Toronto. First Toronto, which went…
Villeneuve Resources (VSE) has completed the staking of four additional claim blocks in the Mishibishu area west of Wawa, Ont. The staking has increased the company’s ground position in this camp to 2…
The total value of minerals produced in Ontario in 1987 was estimated to be $5.7 billion, the highest such value recorded by the province and up 17.2% from 1986. According to Ontario Mineral Score 198…
Joint venture proposals are being reviewed by Parquet Resources (TSE) for exploration work at its Courville Twp. gold property near Val d’Or, Que. President William Plexman says funds are being sought…
Inco Gold, the wholly-owned affiliate of Inco Ltd. (TSE), is planning an $8-$10-million underground exploration program on the Wilanour gold property near Red Lake, Ont. Inco Gold is the operator of t…
Mineral shipments in Quebec in 1987 were worth $2.71 billion, up 24% compared with the previous year, the province’s Ministry of Energy and Resources reports in its publication Mineral Resources. Expl…
Sales of antimony from its New Brunswick mine helped Dominion Explorers (TSE) record net income of $1.14 million (3 cents per share) in 1987 compared to a loss of $712,848 (3 cents per share) the ye…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul 102.50 100.30 100.50 — 4.90 Sep 97.00 94.30 9…
ONTARIO Chester — final rec iss offer 600,000 @ 80 cents per sh to net $240,000. RELEASED FROM ESCROW Sharpe — 185,000 shs released. VANCOUVER Accura — 500,000 sold for gross $175,000. Goldrite –…
Vancouver-based Skylark Resources (VSE) has encountered some more gold showings during sampling at its Finlay River project in British Columbia’s Toodoggone gold camp. The Finlay River project is part…
When it was revealed recently that stock promoter Charles Stuart will test Ontario’s Mining Act after restaking 148 claims in the Hemlo, Ont., gold belt, the reponse from the mining industry was mixed…
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