U.S.REPORT Mohave name change
Calgary-based Mohave Gold plans to discontinue its operations under the Canada Business Corporations Act and transfer its corporate jurisdiction to Nevada. The common shares of Mohave were delisted fr…
News
Small percentages will determine Stikine’s future
As a result of Placer Dome’s (TSE) unsuccessful attempt to acquire a controlling interest in Stikine Resources (TSE), Corona (TSE) and Placer remain practically tied in the race to dominate the Eskay …
Carmac options LAC property
A diamond drill program is expected to begin shortly on the Hank property owned by LAC Minerals (TSE) north of Eskay Creek in northwestern British Columbia. The 6,000-ft. program will be managed by Ca…
Etruscan hopes to revive idle Thierry nickel mine
The former-producing Thierry copper-nickel mine at Pickle Lake, Ont., may soon have a new owner intent on reopening the operation. The mine reportedly has reserves of seven million tons grading 1.88% …
PROFILE Hudgins attracts cash to the Maritimes
The East Kemptville mine, the only operating tin mine in North America, has attracted substantial investment to Nova Scotia. Playing a major role in the discovery of East Kemptville is prospector Avar…
U.S. firm makes offer to work on Tully Twp. ground
A large U.S.-based mining company has made a firm offer that could lead to the further development of a gold property in Tully Twp., 20 miles northeast of Timmins, Ont., in which Frankfield Exploratio…
Brinco plans to double Quinsam’s coal output
Although coal may not attract the same attention from investors or prompt claim staking disputes, at US$40 per tonne on world markets, it is no less valuable than many open pit precious metal ores. Es…
U.S.REPORT Fairbanks outlining large gold system on Fort Knox
Encouraged by results from this year’s drill program, Fairbanks Gold (VSE) is optimistic of a significant increase in the size and extent of the Fort Knox “porphyry” gold discovery near Fairbanks, Ala…
Shares acquired
A wholly owned subsidiary of Aitken Lees Capital Ltd. of Toronto, a merchant banker and consulting firm, has become a shareholder of gold producer Consolidated TVX Mining (TSE). The subsidiary, 881096…
Frame suffers riding mishap as Mt. Hundere plan awaited
Injuries suffered by Curragh Resources (TSE) Chairman Clifford Frame in a riding accident at his farm in Uxbridge, Ont., couldn’t have come at a worse time for Curragh and its joint venture partner Hi…
Alberta Stock Exchange Durvada gold discovery
Continuing weakness in the price of bullion which has recently been hovering around US$354 an oz. was reflected by lacklustre trading in gold stocks during the week ended July 10. Shares of Durvada Re…
Mining Hall of Fame grew from an off-the-cuff remark
Back in December, 1987, I received a call from Ray Goldie, vice-president and mining analyst at Richardson Greenshields, who headed the Toronto Geological Discussion Group. Would I address their annua…