St Genevieve funding
Two private placements have been entered into by St. Genevieve Resources of Montreal to raise funds for exploration. One agreement is with E.M.Q. (1987) Mineral Exploration and Co., Ltd. Partnership w…
News
Osisko options property
An exploration program is planned for the 153-claim property held by Osisko Lake Mines in the Pickle Lake area of northwestern Ontario. Located 1,500 ft north of ground held by St. Joe Canada, the pro…
Queries Slack leaves Belmoral in great shape
As an owner of Belmoral Mines’ common shares, I would like to be brought up-to-date on the activities of this Toronto-based company. N.M. Prince Albert, Sask. (Set 8 1/2 pt on 10 times roman across …
Cove doubles Echo Bay’s reserves
Luck is a valuable asset in the mining business. And Echo Bay Mines of Edmonton got a liberal dose of it in 1987. When Chairman Robert Calman and President John Zigarlick struck a $130-million deal wi…
Results encouraging from Reliant drilling
Three gold prospects in the Western United States were targets for drilling programs by Reliant Resources and Newhawk Gold Mines this season. Reliant has an option from Nord Resource Corp. to earn a 7…
Norwood and Oz are encouraged by Exxeter results
Encouraging preliminary results have been reported by Norwood Exploration and Oz Exploration in their exploration program at the Exxeter gold property in Vauquelin Twp., southeast of Val d’Or, Que. No…
Eldor Resources looking to expand
Eldor Resources, the wholly- owned subsidiary of the federal crown corporation Eldorado Nuclear is currently involved in a number of projects designed to expand its interests beyond uranium. They incl…
Acadia pulls another good hole at Mooseland, extends Hecla bid
Toronto-based Acadia Mineral Ventures has pulled another good hole on its Mooseland property in Nova Scotia, this one from a depth of 1,300 ft. Speaking at the annual meeting in Toronto last week, geo…
Editorial Free trade just one issue
Polls, as former Prime Minister John Diefenbaker once remarked, are for dogs. Nevertheless, politicians seem to follow them like sheep. The latest example in the federal arena is a neat twist on the…
COATS Trading Features (January 04, 1988)
Several issues showed some life on the coats system this week. Lucas Gold traded up to $1.30 on thin volume. The company, which has an option to acquire a gold property in Lucas Twp. north of Timmins,…
Gold conference
The Randol Gold Forum ’88 is scheduled to take place Jan 23-24 at Scottsdale, Ariz. Among the invited speakers are members of a delegation from the Peoples Republic of China who will talk on the subje…
Kam Creed, Cuvier deal
An agreement in principle has been reached between Cuvier Mines and Kam Creed Mines which, if completed, will see both companies merged. Subject to a fairness opinion and regulatory and shareholder ap…