News


Carolin options B.C. property to Dome Explor.

An agreement has been signed whereby Carolin Mines will option its gold property near Likely, B.C. to Dome Exploration. Under the agreement, Dome can earn a 60% interest in the prospect for an expendi…


Asamera Minerals files prospectus

Calgary-based Asamera Minerals has completed an initial public offering through Midland Doherty Ltd. and Dominion Securities Inc. Under the terms of the offering, Asamera has agreed to sell 2.5 millio…


Viceroy mine construction could begin in September

Construction work could begin this September on Viceroy Resource Corp.’s Castle Mountain property in California, says D. Ross Fitzpatrick, president. In the meantime, he confirms the “permitting proce…


Montreal Exchange Actvity in Ungava

A record-breaking performance on the Montreal Exchange gave way to less heady trading, with both the market portfolio and mining and minerals index experiencing a downturn during the latter part of th…


Option obtained on placer leases

An option to acquire a 50% interest in four placer-mining leases in the Quesnel mining district near Barkerville, B.C., has been obtained by hwi Industries. The company reports the Barkerville area pr…


Noranda’s Black Pine looks heap leachable

Some encouraging results at Noranda Exploration’s recently obtained Black Pine property in Cassia Cty., Idaho, means that the company could be on the verge of beginning a heap leach operation there. A…


People (July 27, 1987)

FOUR SEASONS RESOURCES — Paul W. Richardson appointed senior geological ** ** consultant. **…


Alberta Stock Exchange Mill City among movers

While the summer doldrums continued to hamper trading in Alberta, the performance of some gold issues were worth noting. Mill City Gold, which has a 10% net profits royalty interest in some properties…


Denison stronger despite 1987 earnings drop

Despite a drop in 1987 first half earnings, Denison Mines continues to strengthen its financial position. The company reported consolidated net earnings for the six months ended June 30, 1987 of $9,03…


Equity options Yukon property

Moving aggressively on the exploration front, Equity Silver Mines has taken an option on Fairfield Minerals’ Ram property south of Ross River, Yukon. The prospect is six miles west of the Ketza River …


Placer Dome circular gives merger reasons

Further details on the proposed merger of Placer Development, Dome Mines and Campbell Red Lake Mines are now available in a half-inch-thick information circular that is being mailed to shareholders. L…


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