Silverside finds high-grade veins
Twin parallel high-grade veins composed of plate and dendritic native silver have been discovered by Silverside Resources on its Cobalt property in northeastern Ontario. One of the veins is estimated …
News
Toronto Stock Exchange Casa Berardi remains a bright spot on the
Investors have greeted budget day with a quiet “so what?” as the composite inched forward a scant 0.14 pt today to close the week at 3,560.03. This is in stark contrast to what was happening earlier t…
Salute veteran broker (head) – MRB
The Toronto Stock Exchange this week saluted Kenneth B. Andras celebrating his 60th anniversary as an employee of a member firm. Born in Toronto April 5, 1909, Mr Andras commenced his brokerage career…
Royex pays $52.3 million for control of Lacana
The purchase of a controlling 36% interest in Lacana Mining Corp. has been completed by Royex Gold Mining Corp. Representing 4.7 million Lacana shares, the control block was purchased from Westmin Res…
Drilling progam to start on old Lovitt mine property
Surface diamond drilling is scheduled to begin immediately on the old Lovitt mine property at Wenatchee, Wash. Vancouver-based Grange Gold Corp. holds a 50% interest in the Lovitt Mining Company which…
New PDA chief tackles flow-through ,convention
Though he’s only been with the Prospectors and Developers Association a matter of weeks, the Association’s new executive director, Alan Bossin, is quickly learning the ropes. He’s had to. He came in f…
Nordac interest sold to Uranerz
In order to eliminate a working capital deficit, Nordac Mining Corp. says it has agreed to sell its 25% working interest in the Mann Lake property, Athabasca Basin, Sask., to Uranerz Exploration and M…
Seabright Expl. to raise $14 m.
A preliminary prospectus has been filed by Seabright Explorations, a subsidiary of Seabright Resources, for a national offering through Levesque Beaubien of flow-through and common shares with warrant…
Auto battery market decline to hurt global lead prices
Lead’s recent plunge on the London Metal Exchange signals the end of the price uptrend which spanned the last several months. And one of the major factors in the drop price will be a 3% decline in the…
Big plan for Golden Pond West
A $23.7-million 2-phase underground exploration program is scheduled to start in early spring — if not sooner — on the Golden Pond West zone, of the Casa Berardi property held in joint venture by pa…
Early decision on Ketza imperative for Canamax
The feasibility study on the Ketza River gold project just south of Ross River in the Yukon should be ready by the end of this month, John Hansuld, president of Canamax Resources, tells The Northern M…
COATS Trading Features (February 23, 1987)
Probe Mines was a winner this week, climbing to 58 cents before settling back to 50 cents -55 cents at the close. The company’s main asset is a healthy 5% net smelter royalty in the Goldex Mines’ gol…