Better results at Mt. Washington
A further 25 holes have been drilled in the Lakeview area at Better Resources’ Mt. Washington project near Courtenay, B.C. The vein zone now extends over a north-south length of 900 ft and an east-wes…
News
Cove financing Granges work on Alpine project in Nelson
Already active in southeastern B.C., Granges Exploration has optioned Cove Energy’s Alpine project near Nelson. The 10,000-acre property has been tied up by a prominent U.S. family for years; but Cove…
Investment Comment Nickel-driven Inco, a speculative buy
With nickel prices rising and expected to rise still further, a British brokerage house says the time could be right for investors to include the shares of a major nickel producer in their portfolio. …
Franco-Nevada subsidiary starts trading on TSE
Franco Nevada Mining has filed a final prospectus in connection with its plan to spin out to its existing shareholders a sister company called Euro-Nevada Mining. Under the terms of the prospectus, Fr…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (October 19, 1987)
Oct. 13 Oct. 12 Oct.9 Oct. 8 Oct. 7 Gold…London Bullion Dealers afternoon (morning) $US per oz. 459.20(459.65) 461.75(461.85) 462.05(461.75) 458.15-458.25 458.05(458.55) Gold…Bank of Nova Scotia…
Quinteko raises funds for work at McWatters
Two exploration financing agreements totalling about $1 million have been entered into by Quinteko Resources. The proceeds will be used to help fund the company’s 25% interest in the gold exploration …
Noramco absorbs affiliates
An amalgamation proposal has been made which will see Noramco Mining Corp. acquire all the assets of affiliate companies Emerald Lake Resources and Highland-Crow Resources. The amalgamation, which has…
Geomaque uncovers two parallel zones
Two parallel gold-bearing zones have been discovered at the Bourlamaque Twp. property near Val d’Or, Que., being explored by Geomaque Explorations. President A. Leith Hellens reports hole No 3 interse…
Cambior spends $22 million to confirm Mouska reserves
Cambior Inc. has given the green light to a $22.8-million underground exploration program on its wholly- owned Mouska property near Cadillac in northwestern Quebec. The property is located in Bousquet…
Silverside mill, tailings pond almost ready
Final construction of the mill and tailings pond is under way at the North Cobalt silver property being developed in a joint venture by Silverside Resources and International Platinum Corp. Production…
Production looks possible at Aur’s Quebec gold bets
Toronto-based Aur Resources has intersected what the company calls very high-grade gold mineralization at two of its Quebec exploration projects. The 3-claim property is adjacent to the Norlartic mine…
Vancouver Stock Exchange Rising interest rates spell trouble
The downtrend in Vancouver has become much more pronounced and with interest rates heading higher it could get worse. Japan has been raising its rates which in turn has forced the U.S. to react. Histo…