Running a Risk
Arriving at a fair value for a mineral property depends very much on how you perceive the risks. Mining companies, large and small, frequently seek outside financing of new mineral properties and they…
Arriving at a fair value for a mineral property depends very much on how you perceive the risks. Mining companies, large and small, frequently seek outside financing of new mineral properties and they…
Beaver Dam, a gold-bearing quartz vein system within sedimentary rocks of the Meguma Group, 82 km north east of Halifax, N.S., contains proven and possible ore reserves of 2.7 million tonnes grading 9…
A private placement for McFinley Red Lake Mines of 600,000 shares worth $1.8 million for construction of a milling plant and to provide working capital has been completed, Kleinwort Grieveson Securiti…
Toronto-listed Camreco Inc. has entered into an exploration agreement with MVP Exploration (1987) and Co. Ltd. Partnership and Deliberations Management (1987) Ltd. pursuant to which the Limited Partne…
A $150,000 diamond drilling program is under way on the Lac des Iles platinum property controlled by Cream Silver Mines. The Lac des Iles area is located north of Thunder Bay, Ont. A large tonnage low…
Physicists north and south of the border are wondering who will produce the most significant experiment in the next decade in their field of science. Physicists in the U.S. are debating where to build…
Selco, the mining and minerals division of bp Canada, maintains an aggressive grassroots exploration program across Canada. Under the direction of Dr Christopher Jennings, vice-president exploration a…
In 1987 Esso Minerals Canada will spend about $7.5 million on gold and polymetallic massive sulphide exploration throughout Canada. Roughly 70% will be spent in Ontario, Quebec and the Atlantic region…
St Andrew Goldfields will continue to confine its gold exploration activities to Stock and Taylor twps., Ont., during 1987. Those activities will consist of both surface and underground exploration in…
Vancouver-based Cominco Ltd. continued an aggressive exploration program in 1986. But with expenditures of about $25 million, it was at a sharply reduced level compared with previous years. This is a …
American Barrick Resources has its first real exploration budget this year since the Camflo days in the early 1980s. Exploration became a low priority since then because of Camflo’s debt position, and…
The main thrust of a $6.5-million program for Kerr Addison Mines this year will be on gold exploration targets in Quebec, Ontario, British Columbia and Nevada. A continuing effort is being made in Que…
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