Coastoro undertakes drilling program
Fifteen holes have been drilled to date at Coastoro Resources’ Garrison Twp. project in northeastern Ontario, President R.A. Pollack reports. Among the better results were hole No 87-24, 0.18 oz gold …
News
Jonpol encouraged by drilling at joint-venture Garrcon bet
Encouraged by drilling results at the Garrcon gold property in Garrison Twp. in northeastern Ontario, Jonpol Explorations President John Pollack is optimistic a decision will be made to go underground…
Gunnar, Mill City start drilling on Tyranite bet
An initial 10,000-ft drill program has been started by Gunnar Gold Inc. and joint venture partner Mill City Gold, on their Tyranite Mines gold property in the Matachewan area of northern Ontario. The …
Nickel demand strengthens as supplies grow tighter
A tight market has seen the price of nickel rise to the $2.50(US)-per- lb level and Shearson Lehman Brothers says there may still be some steam left in the nickel market’s rally. Producer stocks have …
Meston acquires royalty interests
An agreement has been reached for the purchase by Meston Lake Resources of the royalty interests of the Societe de developpement de la Baie James on the Meston Lake properties in Quebec’s Chibougamau …
Editorial That gold perfume again
Remember the little company in Ajax, Ontario, that produces a very expensive brand of perfume claimed to contain actual flecks of gold? We’ve commented on it before in this space, because (not surpris…
Echo Bay adds to reserves at Nevada gold property
Assay results from the most recent round of exploration drill holes at the northern edge of the Cove deposit on the McCoy property in Nevada have added significantly to geological reserves, Echo Bay M…
Underground plan for Placer, Dome at Musselwhite
Down the road, Placer Dome could be looking at still another gold mine in the Pickle Lake area of Ontario. The company expects to start an underground program this winter on the Musselwhite project at…
COATS Trading Features (September 07, 1987)
Wye Resources was stronger and active this week, trading up to 75 cents -80 cents . The company has completed a public offering which raised $525,000. The funds will go towards earning a 60% interest …
Editorial An $8-billion vote of confidence
We always knew that gold was a good thing. But what finer affirmation of that thinking than the $6.1 billion(US) that two mavericks of Australian and American business are willing to put up in order t…
Perrex Resources to get interest in Yukon silver
Alberta-listed Perrex Resources and Yukon Minerals have agreed to allow Perrex to earn an undivided interest in a couple of silver properties in the Yukon. Under the terms of the first agreement Perre…
Audrey finds showing near Belleterre mine
Three wide quartz veins have been discovered in a stripping program on the Belleterre property near Temiscamingue Lake, Que. The work, being carried out by Audrey Resources as operator of joint ventur…