Drilling by X-Cal
X-Cal Resources (xcl:tse) has commenced a winter diamond drilling program on its Snowbird property near Fort St. James, B.C. The program will continue for approximately five weeks. Current plans call …
News
Shabu share trading still subject of RCMP probe
Nearly eight months after Shabu Gold Mines ceased trading on the Alberta Stock Exchange, the company’s irregular trading pattern is still being investigated by the rcmp. While a spokesman for the rcmp…
Micham goes underground
An underground work program has started on the Madoc, Ont., gold property held under option by Micham Exploration. The $2.3-million program will include a 1,000-ft- long decline ramp extending to a de…
Canada’s mineral output surges ahead 11% in 1987
Each of nine metallic minerals included in an estimate of 1987 mineral output in Canada by the federal department of Energy, Mines and Resources showed an increase in volume of output during the year….
Cominco intersects high-grade at Buckhorn
More high grade gold mineralization has been encountered below the West Sinter zone at the Buckhorn mine of Cominco Resources International. The latest results included 165 ft grading 0.8 oz gold per …
Aiming for 15,000 oz in `88 Gordex achieves TSE listing
Shares of New Brunswick’s only primary gold producer, Gordex Minerals, began trading on the tse this week. “Our entry into the Toronto Stock Exchange, increases the market visibility of the company,” …
United Reef finds veins at Alder Gulch venture
Toronto-based United Reef Petroleums has outlined at least six major vein systems at its Alder Gulch joint venture project in Montana, the company said recently. Under a recent agreement, Canhorn Mini…
Centurion gets new properties
Increasing its exposure to the United States mineral exploration scene, Centurion Minerals has spent $2.2 million(US) to get varying interests in 11 mineral properties held by M. A. Hanna Co. of Cleve…
Jascan, Novamin get results from Dufferin bet in N.S.
Assay results from the first 13 holes of a 25-hole program on the Dufferin mine property in Nova Scotia, have been recieved by joint- venture partners Jascan Resources of Toronto and Novamin Resources…
Australia’s Western buys TSE’s Western
An Australian company, Western Mining Corp., has made a $101-million takeover offer for Toronto-based Western Goldfields whose principal asset is the Hog Ranch mine in Nevada. In the past month Wester…
St. Genevieve options Marshall property
An agreement has been reached between St. Genevieve Resources and Marshall Minerals whereby St. Genevieve has acquired an option to earn a 30% interest in the contiguous Carshaw-Malga properties near …
Copper, gold should boost Teck’s earnings in 1988
Norman Keevil Jr. took the podium at Teck Corp.’s annual meeting, apologized for the noises coming from the Ontario Fruit and Vegetable Growers’ Association in the next room, and proceeded to tell sha…