Cominco intersects high-grade at Buckhorn
More high grade gold mineralization has been encountered below the West Sinter zone at the Buckhorn mine of Cominco Resources International. The latest results included 165 ft grading 0.8 oz gold per …
News
Aiming for 15,000 oz in `88 Gordex achieves TSE listing
Shares of New Brunswick’s only primary gold producer, Gordex Minerals, began trading on the tse this week. “Our entry into the Toronto Stock Exchange, increases the market visibility of the company,” …
United Reef finds veins at Alder Gulch venture
Toronto-based United Reef Petroleums has outlined at least six major vein systems at its Alder Gulch joint venture project in Montana, the company said recently. Under a recent agreement, Canhorn Mini…
Centurion gets new properties
Increasing its exposure to the United States mineral exploration scene, Centurion Minerals has spent $2.2 million(US) to get varying interests in 11 mineral properties held by M. A. Hanna Co. of Cleve…
Jascan, Novamin get results from Dufferin bet in N.S.
Assay results from the first 13 holes of a 25-hole program on the Dufferin mine property in Nova Scotia, have been recieved by joint- venture partners Jascan Resources of Toronto and Novamin Resources…
Australia’s Western buys TSE’s Western
An Australian company, Western Mining Corp., has made a $101-million takeover offer for Toronto-based Western Goldfields whose principal asset is the Hog Ranch mine in Nevada. In the past month Wester…
St. Genevieve options Marshall property
An agreement has been reached between St. Genevieve Resources and Marshall Minerals whereby St. Genevieve has acquired an option to earn a 30% interest in the contiguous Carshaw-Malga properties near …
Copper, gold should boost Teck’s earnings in 1988
Norman Keevil Jr. took the podium at Teck Corp.’s annual meeting, apologized for the noises coming from the Ontario Fruit and Vegetable Growers’ Association in the next room, and proceeded to tell sha…
Corona completes Prime Capital deal
Announcing completion of an approximate one-third voting and equity position in Prime Capital Corp. of Vancouver was International Corona Resources of Toronto. The purchase price consisted of five mil…
INVESTMENT COMMENT Westley’s portfolio of Nevada properties adds
Just as the Nevada gold region is becoming the talk of the North American mining industry and the subject of a number of investment reports, Vancouver-based Continental Carlisle Douglas has published …
Mid-North, Granges deal in Manitoba bet
Mid-North Resources has optioned Granges Exploration’s Gurney gold mine property in Manitoba. Located east of Flin Flon, the Gurney mine produced 25,000 oz of gold and 71,000 oz of silver from 1937-19…
Nickel Plate’s third life boosts Mascot
The third era of production from the historic Nickel Plate mine at Hedley is proving profitable for Mascot Gold Mines. The new British Columbia gold producer, owned 50% by Lacana Mining, expects to pr…