Coin Lake’s Golden Reward enhanced
Toronto-based Coin Lake Gold Mines (TSE) says two important developments have recently enhanced the potential of its Golden Reward project in the Black Hills area of South Dakota. Based on additional …
News
U.S. REPORT Escalante shutdown
Hecla Mining (NYSE) has closed its Escalante silver mine, 40 miles west of Cedar City, Utah. The orebody at Escalante has been mined out and exploration failed to add additional reserves. In operation…
Coats Trading Features (January 09, 1988)
Chance Mining and Exploration, which retains a 10% net profit interest in ground adjoining the big Kidd Creek mine near Timmins, Ont., was an active trader this week. The Chance property, located in K…
News in Brief (January 09, 1988)
Permian Resources has changed its name to M.L. Cass Petroleum Corp. ** ** (MLO:VSE) on a 4-old- for-1-new share basis. ** New Spirit Resources and Developments Inc. has changed its name to …
Books in Review Property transactions and exploration activity
With high prices for developed gold properties in the U.S. dampening the ardor for acquisitions, there is a renewed interest on the part of mining companies in acquiring less-developed properties. Met…
Alberta Stock Exchange (January 09, 1988)
Judging by the low volumes and lack of activity on the Alberta Exchange this week, 1989 was heralded in with more of a whimper than a bang. Of the Alberta gold issues, only Holmer Gold Mines made any …
Valentine drilling B.C. gold prospect
A 20,000-ft drill program is under way on Valentine Gold Corp.’s Valentine Mountain gold project northwest of Sooke on Vancouver Island.
Wrightbar reports 5 drills working
Three surface and two underground drills are currently working at its Bourlamaque Twp. gold property in northwestern Quebec, Wrightbar Mines reports. Among the better surface drilling results to date …
Books (January 04, 1988)
Silver Centre Rediscovered by Peter Fancy. Covers Northern Ontario mining history from 1932 to date. 143 pages, $24.95, Published by Highway Book Shop, Cobalt, Ont. P0J1C0.
People (January 04, 1988)
Ontario Ministry of Northern development and mines — Dr W. R. Cowan appointed manager mining lands and chief mining recorder; Henry Wallace, section chief geoservices section ogs; Dr C. Riddle, secti…
Coniagas placement
A private placement involving the sale of 300,000 previously unissued shares of Anglo Dominion Gold Exploration to Coniagas Mines at 90 cents per share has been completed, Coniagas reports. Coniagas …
Kewagama board change
A new board of directors has been named for Kewagama Gold Mines (Quebec) Ltd., following a change in control of the company from the A. N. Ferris group. Headed by Norman E. Brewster, president, the ne…