Old mine workings being investigated
An underground exploration program has been started on Canadian Gold Resources’ Kirkroyal property in Lebel Twp., near Kirkland Lake, Ont., the company reports. The program is being financed by Colray…
News
Stainless steel production boosts demand for nickel
Demand for nickel is running higher, buoyed by record production of stainless steel by many major producing nations, Shearson Lehman Securities (formerly L Messel & Co. reports in a recent weekly publ…
Three companies start program at B.C. gold bet
A major work program is under way at the Richfield gold property 25 miles north of Houston, B.C. Mountain West Resources, Sirius Resource Corp. and Esso Resources Canada are involved in the joint vent…
Sands seeks producer in southeastern Ont
Mechanical stripping and rock sampling is under way on the Ore Chimney mine property, located eight miles north of Kaladar, Ont. The program, financed by Sands Minerals Corp. of Toronto, is being done…
Editorial Biting at the base metals
At long last investors and speculators alike are once again turning their attention to the highly cyclical base metals stocks, triggered by improving prices for these commodities in international mark…
Westar gets okay for Falcon bet
Westar Mining has been given Stage 1 approval-in-principle for the proposed Falcon development at its Greenhills coal project in B.C.’s Elk Valley. The announcement was made jointly by Energy, Mines a…
Duration and Locator private placements
Locator Explorations has signed private placements with the Middlefield Group for a total of $1 million each in flow-through shares. The private placement agreement consists of $350,000 to Track Resou…
Equity Silver photo caption
The main zone pit is visible beyond the Equity Silver Mine plant, including the leach plant (foreground), and concentrator beyond, and the A-frame for ** fine ore storage. **…
Drilling started at Tintina bet
A $600,000 work program for this year at Tintina Mines’ silver property at Watson Lake in the Yukon is under way, the company having recently secured the funding by way of a private placement of flow-…
Investment Comment Canadian gold exposure makes Aur a buy
For investors on the look-out for a company with excellent exposure to Canadian gold exploration and future gold production of between 50,000 and 100,000 oz annually, Davidson Partners Ltd. recommends…
News In Brief (July 13, 1987)
Gowest Amalgamated Resources has filed a final prospectus with the province of Ontario where up to 1,200,000 shares of the company will be offered, at a price of 60 cents per share. Yorkton Securitie…
New reserve inventory calculated for Gold Zone
A new reserve inventory has been calculated for Gold Zone Development’s mining property near Anchorage, Alaska, which has been actively explored by the company and its predecessor since 1979. The prop…