COATS Trading Features (November 30, 1987)
Long suffering Carolin Mines shareholders saw some volume this week as 177,000 shares traded hands. The issue was unchanged at $1.70 after hitting a high of $1.80. Carolin owns a low grade gold deposi…
News
Golden Zone finds new mineralization
Assay results from trench and surface samples indicate two new mineralized areas at the gold-silver prospect held by Golden Zone Developments in the Talkeetna district, Alaska. In addition to the exis…
Metal Prices PRODUCER PRICES (November 30, 1987)
ALUMINUM: MW U.S. Market 79.50 cents -82.00 cents per lb. (Nov 12, 1987). ANTIMONY: New York dealer $1.08-$1.12 per lb. (Nov 12, 1987). BISMUTH: New York dealer $4.75-$4.85 per lb. (Nov 12, 1987). CA…
Utah option on Glencairn claims
Glencairn Explorations has signed an agreement in principle with bhp-Utah Mines, a U.S-based company. Utah has the right to earn a 55% interest in Glencairn’s 24- claim Blue Mountain gold property in …
Hecla going ahead on N.S. bet
A decision by Hecla’s Canadian subsidiary, Hecla Mining Co. of Canada, to proceed with development of the Mooseland gold property northeast of Halifax, N.S., could boost the company’s gold production …
Cryderman plans program
Cryderman Gold is planning an exploration program on its Geraldton, Ont., area property which includes the former producing Sand River gold mine. The program will concentrate on an area 8,500 ft west …
Board change at Zahavy
The completion of effective control of Zahavy Mines was carried out by Noramco Mining Corp. The old board of Peter George, president, A. J. Lewis, general manager and R. G. Lewis, secretary-treasurer,…
Minnova completes B.C. drilling
Minnova Inc. recently completed approximately 4,000 ft of drilling on International Maggie Mines’ Indian River property near Squamish, B.C. The drilling defined two mineralized exhalite horizons withi…
Underground plans on schedule for producing Audrey Resources
The recent rise in copper prices couldn’t have come at a better time for Audrey Resources, which recently started producing underground at its Mobrun polymetallic mine in northwestern Quebec. The comp…
Cons TVX to buy interests in Chile
An agreement has been signed which will give Consolidated TVX Mining Corp. a 49% interest in mining concessions in Chile. The concessions include the La Coipa gold- silver property which was explored …
Oz and Farboro option property
Two Quebec-based firms, Oz Exploration and Farboro Resources, have jointly obtained an option to acquire a 100% interest in property in Elmhirst Twp., in northwestern Ontario’s Thunder Bay mining divi…
American Pacific takes over Honduras mine
The El Mochito silver-lead-zinc mine in Honduras is back in production after a recent takeover by American Pacific Mining (formerly Westbridge Resources). American Pacific purchased the mine, along wi…