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 …
News
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…
Canadian postal dispute (September 07, 1987)
There is a possibility of a dispute in the Canadian postal service within the next few weeks, which would disrupt mail service. Should this happen, subscribers in Toronto, Montreal and Vancouver may o…
Sharpe Energy busy in Newfoundland
Much exploration work is now under way on Newfoundland’s Baie Verte peninsula with interest building, Walter Sharpe, president of Sharpe Energy & Resources, told The Northern Miner on his return from …
Books (September 07, 1987)
Practical Problems in Exploration Geochemistry by A. A. Levinson, University of Calgary; P. M. D. Bradshaw and I. Thomson, Placer Development Ltd. Hardcover, 269 pages, ISBN 0-915834-05 $7. 80(US) App…
Three new mines Echo Bay more than doubles revenues and net
Three new gold mines in Nevada and higher bullion prices have had a dramatic effect on the bottom line of Echo Bay Mines, one of this continent’s premier gold producers. Revenues during the second qua…