Alberta Stock Exchange Investors in mood
After a period of low trading activity, investors were back in a buying mood this week. Large blocks of the Jen-Tek Energy and Exploration, Frost Resources and Seadrift International crossed the floor…
News
In the black, Royex plans more exploration activity
Solid financially after recording a profitable year in fiscal 1987, Royex Gold Mining is planning to beef up its exploration side and that of its associated companies. Addressing the topic of explorat…
Editorial Never mind the subs, let’s get mines
Assuming the current high rates of growth in this country continue, the federal government will be “within shooting distance” of a balanced budget by the mid-1990s, Finance Minister Michael Wilson tol…
Radcliffe gets assays from North Lake drill
Encouraging assays are reported from the first hole of a 10-hole program on Radcliffe Resources’ North Lake prospect in the La Ronge district of Saskatchewan. The hole had four 6-ft intersections grad…
St Andrew’s mill work awaits debt financing
St Andrew Goldfields is ready to start driving piles to support mill buildings and a surface crusher at its Stock Twp., gold property east of here. All that remains now is a favorable end to current d…
CSA soliciting proxies in fight against Equity board
A proposed plan to merge two closed-end flow-through investment funds into an operating mining finance house, is being opposed by CSA Management Ltd. Officers of Equity Preservation Corp. and Equity R…
Valentine in Arizona
Valentine Gold Corp. has acquired a gold prospect in Gila Cty., Ariz. The terms of the acquisition include a payment of $20,000 and explora tion expenditures of $125,000 over an 18-month period. Gold …
People (February 15, 1988)
Getty Resources — Jean-Pierre Januard appointed president and chief executive officer; Phillip de Boos-Smith, Jacques Le Chevalier and Pierre January appointed directors.
Faith drilling
Drilling commenced last month at the Sagar property at Madoc, Ont., Faith Mines of Vancouver reports. The drilling will test extensions to two known zones in which gold was earlier identified. In othe…
June conference
Following up on last year’s theme, the Quebec Metal Mining Association is planning to have speakers at its 1988 annual meeting address the topic of natural resources and regional development. The meet…
Equity Silver improves its financial position
The past year was good for Equity Silver Mines. As well as paying off its bank debt and paying dividends to shareholders for the first time, the company reports it substantially improved its financial…
Western Quebec purchases stake in mining projects
Western Quebec Mines has signed an agreement with one of its major shareholders, Valmag Inc., to purchase Valmag’s interest in two mineral properties known as the Shawkey and Shawkey South. The Shawke…