News


REPORT FROM CALGARY La Ronge – golden game farm?

The year 1987 has been good to prairie province companies which explore for gold in this part of the Precambrian Shield that stretches from Hudson Bay to Great Bear Lake. Commanding a lot of attention…



East zone on Mooseland bet better than west, Acadia

The eastern zone of Acadia Mineral Ventures’ Mooseland property in Nova Scotia is shaping up to be very interesting. Based on the most recent drill results, the zone is beginning to show better contin…


Newmont pushed to wall by gold-hungry Pickens

Analysts predicting that Newmont Mining Corp. would be pushed to the wall in its effort to stop Texas oilman T. Boone Pickens from taking control of the New York company, were proved correct this week…


Gold production on line for Mascot

Gold production during August at Mascot Gold Mines’ Hedley operation was 8,920 oz and September output is projected to be 10,000 oz, says the company. The mill is operating at design capacity of 2,700…


Honcho exploring gold play at Timmins

Vancouver-listed Honcho Gold Mines is taking on an interesting gold bet in the bustling Timmins area. It’s a 22-claim block in Bristol Twp. acquired from well-known local prospector R. E. Allerston, P…


Canhorn gets option on Falconbridge bet

Canhorn Mining Corp. has acquired an option to earn a 45% interest in four claims adjoining the company’s Nickel Offsets property near Sudbury, Ont. Falconbridge Ltd. vended the claims to Canhorn for …


Better times return for base metals

The outlook for base metals indicates sustained higher prices and company profit levels not seen since the early 1980s, Nesbitt Thomson Deacon states in a report titled The Revival of Base Metals. “Th…


People (September 28, 1987)

Denison Mines — Andrew Rickaby will be moving to Toronto as vice-president mining; Colin Benner will become vice-president Elliot Lake operations; Fergus Kerr is promoted to general manager Elliot La…


Thor Gold options B.C. mineral claims

An option to acquire a 50% interest in five mineral claims in the Similkameen division of the Yale district, B.C. has been acquired by Thor Gold Corp., from Highland Valley Resources To exercise the o…


Alberta Stock Exchange Investors back Marker

A firmer U.S. dollar and a reduced budget deficit south of the border sparked investor interest in a number of Alberta issues which had been largely ignored in recent weeks. Sweany Gold, which has rec…


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