Significant assays at Gulf International]]
A drill program by Gulf International Minerals on its McLymont claims group in the Iskut River area of northwestern British Columbia has outlined several gold-bearing zones. The zones have been traced…
News
Applegath Group active in Mishibishu exploration
The Applegath Group is increasing its activity in the Mishibishu area, located west of Wawa, Ont. A total of six companies within the group hold varying interests in a large tract of ground in the are…
Letters to the Editor (December 14, 1987)
I would like to know if you could settle a dispute a friend and I have had concerning gold prices in the last 100 years. My friend says that gold has never been down near the $20 an ounce mark. I say …
Dickenson acquires more Wharf shares (December 14, 1987)
Toronto-based Dickenson Mines continues to purchase shares in Wharf Resources of Calgary; a recent additional acquisition of 1,415,000 shares raised its holding in the latter to about 26.5%. Wharf ope…
Metal Prices PRODUCER PRICES (December 14, 1987)
ALUMINUM: MW U.S. Market 80.00 cents -82.00 cents per lb. (Dec 3, 1987). ANTIMONY: New York dealer $1.10-$1.14 per lb. (Nov 19, 1987). BISMUTH: New York dealer $4.70-$4.80 per lb. (Nov 19, 1987). CAD…
Market crash hurting junior resource equity finance opportunities
The stock market crash last October has affected junior mining companies in more ways than just knocking down share prices by an average of 40%. Black Monday, which witnessed the largest one-day colla…
Cusac joins Gulf Titanium in Montana gold-silver project
With Cusac Industries as a partner, it’s all systems go on the $3.l-million development of Gulf Titanium’s Cruse Belmont gold-silver project near Helena, Mont. Cusac is paying $1 million(US) to earn a…
Granges, MacMillan expanding ore zone at Mishibishu Lake
In-fill and zone extension drilling continue to encounter mining- width, ore grade mineralization at the Granges Exploration-MacMillan Energy Mishibishu Lake gold project in northwestern Ontario, the …
Nevada Goldfields opens another U.S. gold mine
Milling started in mid-November at Nevada Goldfields’ Aurora gold mine, located in the Aurora mining district in Mineral Cty., Nev. The Aurora open pit and underground mine (not to be confused with a …
Editorial Gold save us all
Boring, are we? Where does Britain’s Economist magazine get off calling Canada “irredeemably boring?” It came to that unforgivable assessment recently in a research report titled The World in 1988. T…
Alberta Stock Exchange Argus is prominent
In recent weeks, Argus Resources has figured prominently as investors respond enthusiastically to its massive sulphide discovery near Contwoyto Lake in the Northwest Territories. While the project is …
Supreme Court defers decision on Lac-Corona
A decision on whether to grant Lac Minerals the right to appeal earlier court rulings awarding ownership of the Williams gold mine in the Hemlo area of northern Ontario to International Corona Resourc…