Hysteria fuels collapse of ’87
Like lemmings, investors swarmed over the precipice, pulling global stock markets into a crash the likes of which has never before been witnessed in financial history. Black Monday, as the investment …
News
Report from Calgary Iskut is a busy B.C. gold camp
If the constant clatter of helicopter rotor blades and the frequency of Otter aircraft landings are an indication of exploration activity, the Skyline area, flanking the Iskut River in northwestern Br…
Flanagan reports high gold values at Gwillim bet
A 23-ft section starting at 1,027.1 ft and averaging 0.96 oz gold per ton is the deepest yet obtained in the C zone, one of several gold- bearing units in the kod zone at the Gwillim gold project in Q…
Editorial Panic devastates financial markets
Nobody — but nobody — in the entire financial community has ever witnessed anything quite like the market debacle and bloodletting that has taken place on leading stock exchanges around the world th…
Queries How to evaluate mining companies
Could you provide me with some possible sources of information on the relationship between a mining company’s mineral deposit and the company stock price. I would also like some information on how to …
Australian firm plans share stake in Canadian United
An Australian company, Balmoral Resources, will be taking a share position in Vancouver-based Canadian United Minerals, which ultimately could lead to full control. The agreement, which calls for Balm…
Oasis, Messeguay earning interest in Joubi property
An option to acquire a 49% interest in the Joubi property at Val d’Or, Que., has been obtained by Oasis Resources and Messeguay Mines from Western Quebec Mines. The agreement, subject to regulatory ap…
Abermin underground program at Lara to cost $1.7 million -2 col 24
A major underground program is scheduled early next year at Abermin Corp.’s Lara property on Vancouver Island. The decline will explore the high grade Coronation zone “prior to final feasibility and a…
New find at Platinova’s Marmora wollastonite bet
Toronto-based Platinova Resources has received some encouraging news from its wollastonite project at Marmora Twp., 100 km northwest of Kingston, Ont. According to Platinova, joint- venture partner Co…
Joutel seeks a listing on Paris Bourse
Joutel Resources, a Toronto- based junior exploration company, has started proceedings towards a listing on the Paris Bourse, one of Europe’s leading stock exchanges. Officers of the company are in Pa…
United Reef busy on several fronts
Progress is reported by United Reef Petroleums on four gold projects, three in Ontario, one in Montana. On its Alder Gulch project in Montana’s Virginia City area, the company says 23 trenches have be…
Central Crude encouraged by Eagle River results
Central Crude of Toronto has released results of preliminary work at the company’s 118-claim Eagle River project in the Mishibishu Lake area, 40 miles southeast of Hemlo, Ont. The claims were optioned…