Report from Calgary Getty/Noranda still No 1
As Canada’s northern lakes freeze over, Otter and Beaver aircraft are making the conversion from floats to skis in preparation for transportation support of winter drill programs in western Shield loc…
News
SOQUEM selling Seleine salt mine
SOQUEM, the Quebec Crown corporation involved in mining and mineral exploration, is selling its rock salt mining business. The salt mining operation, located on the Magdalen Islands in the Gulf of St….
Minerals play a vital role in society
Neither mining executives nor media personnel are entirely happy with their relationship. Mining men feel that much of the coverage of their industry is unfair or inaccurate or both. They believe the …
New exploration records for Newfoundland in ’87
Mineral exploration activity in Newfoundland during 1987 will very likely set new records for (a) claim staking, (b) the number of claims held in good standing, (c) total exploration expenditures and …
Cominco, Platinova outlining wollastonite
Work by Cominco Ltd. on a wollastonite property near Tweed, Ont., has identified a zone striking for 1,000 m. Partner Platinova Resources says that the zone could host several million tons of the indu…
COATS Trading Features (November 16, 1987)
Mirado Nickel Mines, which holds a royalty interest in a gold play near Kirkland Lake, Ont., was steady at 18 cents -20 cents . Unfortunately, no royalties will likely be coming. The mine was shut dow…
T&H using two drills (November 16, 1987)
T&H Resources is busy with two drill rigs on its Garrison Twp., Ont., gold prospect. The work is testing sections of an easterly striking zone which has only been examined to a depth of 200 ft. The cu…
Vancouver Stock Exchange No “slaughterhouse” for Destiny
These are certainly trying times for investors not only in Vancouver but on the big boards in New York and Toronto. It’s been a no win situation for just about everybody. Bargain hunters seeking quick…
Royex boosts Lacana interest to about 44%
A recent subscription for 17,136 flow-through shares of Lacana Mining has increased Royex Gold Mining’s interest in that company to about 44% of the outstanding capital of Lacana. Royex now owns about…
Acadia sees increases in N.S. gold bet tonnage
The gold-bearing structure on the Mooseland property, 75 miles northeast of Halifax, N.S. has been extended and the potential for extending it even further is still very great. Drilling by Toronto-lis…
High grade results send Tenajon under]]
Vancouver-listed Tenajon Silver Corp. is going underground on the sb property, located 25 km northwest of Stewart, B.C., just south of Westmin Resource’s Big Missouri property. The decision is based o…
Kam-Kotia earnings
Toronto-based Kam-Kotia Mines reports income for the first nine months of this year of $904,000 (8 cents per share) compared with $305,000 (1 cents per share) for the same period in 1986. Increased …