Honcho exploring gold play at Timmins
Vancouver-listed Honcho Gold Mines is taking on an interesting gold bet in the bustling Timmins area. It’s a 22-claim block in Bristol Twp. acquired from well-known local prospector R. E. Allerston, P…
News
Canhorn gets option on Falconbridge bet
Canhorn Mining Corp. has acquired an option to earn a 45% interest in four claims adjoining the company’s Nickel Offsets property near Sudbury, Ont. Falconbridge Ltd. vended the claims to Canhorn for …
Better times return for base metals
The outlook for base metals indicates sustained higher prices and company profit levels not seen since the early 1980s, Nesbitt Thomson Deacon states in a report titled The Revival of Base Metals. “Th…
People (September 28, 1987)
Denison Mines — Andrew Rickaby will be moving to Toronto as vice-president mining; Colin Benner will become vice-president Elliot Lake operations; Fergus Kerr is promoted to general manager Elliot La…
Thor Gold options B.C. mineral claims
An option to acquire a 50% interest in five mineral claims in the Similkameen division of the Yale district, B.C. has been acquired by Thor Gold Corp., from Highland Valley Resources To exercise the o…
Alberta Stock Exchange Investors back Marker
A firmer U.S. dollar and a reduced budget deficit south of the border sparked investor interest in a number of Alberta issues which had been largely ignored in recent weeks. Sweany Gold, which has rec…
Cusac, a gold producer at Table Mtn.
I have been reading your newspaper for a year now and find it interesting and informative. The main reason for my subscription is to follow my favorite company, Cusac Industries. Every week I turn str…
GENERAL NEWS & COMMENT Placer Dome mill worker wins globe-trotting
Rene Lecompte, a 27-year-old mill worker from the Kiena Gold Mines near Malartic, Que., will soon be taking a trip around the world thanks to Kiena’s parent company, Placer Dome Inc. To commemorate th…
Dolphin driving a decline at Cape Ray gold project
A $4-million exploration program is being undertaken this year by Vancouver-based Dolphin Explorations at its Cape Ray gold project in southwest Newfoundland which includes the driving of a decline on…
Coniagas Group releases 1987 first half results
The companies which form the Toronto-based Coniagas Group have just released results for the six months ended June 30, 1987. Quebec Sturgeon River Mines reported a loss for the period of $119,184 or 1…
New leach pad ups production for Grandview
Gold production at Grandview Resources’ Carson Hill mine in California has increased substantially with the commissioning of the No 2 leach pad. August production was 3,144 oz which compares to 2,332 …
Northair completing exploration on Willa
Northair Mines says the $2.1-million exploration program at its Willa property in southeastern B.C. is now over 60% completed. The 1,100-ft underground decline has reached the lower portion of the Wes…