New board at Getty
Total Resources (Canada) has completed its purchase of Getty Resources, acquiring an 87.6% interest on a fully-diluted basis. Following the closure of the deal, Total elected three new directors to th…
News
Goldcap attempts to finance B.C. joint venture projects
After filing a private placement to fund exploration on one of its British Columbia gold properties, Alberta-listed Goldcap Inc. is attempting to attract a financier for work on another. In a bid to r…
Odessa plans drilling Arizona heap leach bet
Several drill targets have been outlined and a $120,000 program is planned on Odessa Explorations’ Warsaw Canyon heap leach prospect in Santa Cruz Cty., Ariz. Six anomalous zones have been discovered …
Armeno on ME
Vancouver-based Armeno Re sources, active in the exploration of mineral claims in Canada and Ecuador and with oil and gas interests in western Canada, was recently listed on the Montreal Exchange. In …
Northgate buys 20% interest in Chelsea Res
While the ink is still drying on an agreement to sell its mining arm to a subsidiary of Australia based Western Mining Corp., Northgate Exploration of Toronto has gone shopping. Not content to sit aro…
Barkhor joins BayWest in Yukon gold venture
A joint venture agreement with BayWest Capital Equities has given Barkhor Resources the right to earn a 50% interest in BayWest’s 164-claim Ross River-Faro gold prospect located near Faro in the Yukon…
Oil and gas listings deleted from tables
In order to provide space for the dramatic growth in the number of mining stocks listed on all Canadian stock exchanges, we have deleted from our stock range tables those listings which are solely inv…
Letters to the Editor Speculators “sole support for juniors”
In the more than 40 years that I have read The Northern Miner I have never felt it necessary to respond to some of the letters you have published, but in the issue of Jan 18/88, under the heading Juni…
Lyon Lake to earn 50% of Mosquito Creek bet
Lyon Lake Mines of Rouyn- Noranda has signed an agreement to earn a 50% interest in Mosquito Consolidated Gold Mines’ Mosquito Creek property in British Columbia. The Mosquito Creek property consists …
Toronto Stock Exchange Plummeting golds send market into tailspin
Continuing nervousness concerning the strength of the North American economies came to a head today as plunging bullion prices led the tse into a nosedive. Gold gave up another $27 this week as it bro…
Metal Prices FUTURES PRICES (February 08, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Feb 98.50 98.50 98.50 — 12.30 Mar 93.50 90.90 …
Initial reserves encouraging for Better’s Vancouver Island
An active drilling program on Better Resources’ Mt. Washington project on Vancouver Island, B.C., has indicated a healthy reserve potential for the property. Drill-indicated reserves, based on a 0.03-…