Skylark to drill Carlin property
A drilling program is being planned by Skylark Resources for the company’s Pan gold property located near Carlin, Nev. The drilling will begin following the completion of a geophysical survey designed…
News
United Gunn shares Cuisson Lake profits
A 30% equity interest in Cuisson Lake Mines has paid off for United Gunn Resources in 1987. The company’s share of profits from Cuisson Lake’s earnings amounted to $950,000. United Gunn repaid its deb…
Mooseland gold triples, Acadia
As expected, Donald Smith, president of Acadia Mineral Ventures of Toronto has increased the reserve estimate on the company’s Mooseland property in Nova Scotia. Speaking at a meeting of Maritime inve…
Nicholson back with RFC
Armed with a private placement of $4 million, Douglas Nicholson is back in business. The well-known ex-mining analyst and architect of the successful MFC Mining Finance Corp., has started another vers…
Torene-Exxeter
Torene Gold Exploration of Halifax, N.S. has teamed up with coats-listed Exxeter Resources Corp. to explore for gold on three properties in Nevada. The properties include the former-producing Justice …
Northgate takes control of Campbell Resources
Just three months after Northgate Exploration sold its Chibougamau, Que., gold/copper mines to Australia-based Western Mining Corp., the Toronto company has bought itself back into its old stomping gr…
Malartic being transformed, looks for gold acquisitions
Since 1983 Malartic Hygrade Gold Mines (Canada) has taken pride in its record of common stock dividends, putting it among a select group of dividend-paying gold producers. It didn’t have to do much to…
Gerle Gold encouraged by drilling
Encouraging diamond drill results are reported by Gerle Gold at its McConnell Creek gold prospect 150 miles north of Smithers, B.C. All of the 16 holes drilled intersected the main shear zone over wid…
Australian parent seeks complete control of Pamour
Turned into a mining house with no direct gold production of its own, Pamour Inc. looks like it is about to be transformed completely into a holding company. Pamour’s Australian parent, Giant Resource…
Vitality of Canadian mining depends on flow through
The vitality of Canada’s exploration and mining industry depends heavily on the preservation of flow- through financing in a viable form. The tax reform measures announced by Finance Minister Michael …
Metal Prices FREE MARKET (February 22, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Feb. 16 Feb. 15 Feb. 12 Feb. 11 Feb. 10 Copper 1440-1443 1429-1432 1390-1395 1384-1385 1350-1355 Lea…
Seminars at McGill on mining subjects
McGill University’s department of mining and metallurgical engineering will run three professional development seminars in April and May this year, the first of which will be held April 18-29, and wil…