Seeks reversal of flow-through changes
The severe blow to flow-through shares caused by the recent white paper on tax reform was not fully intended by the government, and affected companies should push for changes as soon as possible, acco…
News
COATS Trading Features (July 13, 1987)
Chance Mining gained some ground to close at 95 cents . While no deal is expected, Kidd Creek Mines has shown interest in Chance’s Timmins, Ont., area properties. Kidd Creek is currently completing a …
Curator, Granges complete deal
A private placement has been completed between International Curator Resources and Granges Exploration whereby Granges has purchased 1.3 million units at $1 per unit, each unit comprising one common s…
Drill program set for base metal bet
A $200,000 drilling program is scheduled to begin later this month at the Victoria Lake base metals property located about four miles from Schreiber in northwestern Ontario, Cumberland Resources’ Pres…
Montreal Exchange Maufort big mover
Springing back from a lacklustre performance last week, the Montreal Exchange this week surged into some new ground, reflecting market activity that was said by some observers to stem from relief on t…
Terra plans leach test on Las Minitas gold bet
A 5,000-ton heap leach test is scheduled for Terra Mines’ Las Minitas Mexico gold project later this summer, says Robert Evans, president, in an interim report. He expects that feasibility work will b…
United Siscoe changes name
Changes at United Siscoe Mines have resulted in a corporate reorganization and a name change. United Siscoe, which owns about 25% of American Barrick Resources, is now The Horsham Corporation. Appoint…
Augmitto on threshold of Beauchastel decision
After nearly fours years of renewed momentum under new management, Augmitto Explorations is just two months away from a production decision on its wholly- owned Beauchastel Twp. gold property in Rouyn…
Steps toward Magino start taken by McNellen, Muscocho
McNellen Resources and Muscocho Explorations report they will jointly finance and install a test- milling facility at their Magino gold property near Wawa, Ont., at a cost of about $5 million. The mov…
Encouraging results for Can America
Can America Precious Metals says it has completed a first-tier 2,500-ft shallow drill program on the E zone at its Manitou Lakes property in northwestern Ontario. The company says the average depth of…
DeSantis puzzle coming together
Geologists for Delbridge Mines are starting to piece together the geology of the DeSantis property in Turnbull Twp., near Timmins, Ont. The company reports encouraging assays of 0.15 oz and 0.06 oz go…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (July 13, 1987)
Gold London Bullion Dealers afternoon (morning) $US per oz. Date July 7 July 6 July 3 July 2 July 1 444.50(444.80) 443.35(443.10) 444.10(443.00) 446.25(447.40) 447.75(445.75) …