Magnacon yields strong results
The combination of a high percentage of visible gold and good continuity over drifted sections is yielding some pleasant surprises at the Magnacon project 50 miles west of here. Located north of Mishi…
News
Huntington pulls good drill hole David D.
Another good hole has been reported from Huntington Resources’ Brett claims, 15 miles west of Vernon, B.C. Hole No 87- 42 returned 9 ft of 0.99 oz gold including 4.75 ft of 1.8 oz. The gold is associa…
Inco regains lead in world nickel market
The fruits of seven hard years of downsizing, restructuring and rationalization are finally being enjoyed by Inco Ltd. One of the most tangible benefits of the rationalization program has not only bee…
Coniagas to earn its way on northeast Ontario project
The latest round of drill results at Garrison Creek Consolidated’s 40%-owned Michaud property near Matheson in northeastern Ont., were released recently. As part of a plan to “earn its way into” a pro…
Montreal Exchange MSV among movers
Gains early in the week gave way to negative values on the Montreal Exchange, where light trading volumes continue to be the order of the day. The mining and minerals index managed to close ahead on t…
Northern Dynasty ups output at Nevada mine
The transition from open pit to underground mining will boost production at Northern Dynasty Explorations’ 42%- owned Little Bald Mountain gold mine in Nevada, President J. Glenn Simpson reports. With…
News in Brief (November 23, 1987)
Tropicana Resources has changed its name to Tropicana Development Corp. (tna:vse) on a share-for- share basis.
People (November 23, 1987)
Toronto Stock Exchange — Terry Popowich assumes position of vice-president domestic trading, succeeding Huntly F. McKay who is retiring for reasons of health.
Cathedral finds new zone
After some advanced gold projects held by Imperial Metals were spun out into a new company called Cathedral Gold Corp., the new company promised to begin work on some major programs. Nearly three mont…
Hemlo Gold and Central amalgamate gold claims
An exploration program being carried out by Noranda Exploration Co. on Central Crude’s 118 gold claims in the Mishibishu Lake area of northwestern Ontario, will be extended to include the adjoining 16…
Metal Prices FUTURES PRICES (November 23, 1987)
N.Y. Commodities Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Nov. — — 102.35 — 2.85 Dec. 101.30 99.10 100.10 — 2…
Editorial Let’s get Tut’s gold
Unabashed gold bugs that we are, we’d like to see a piece of King Tut’s gold treasure fall into Canadian hands. Is there a private collector out there with (probably), several hundred thousand dollars…