Alberta Stock Exchange Jascan performs
Misgivings about the future of the current bull market failed to affect the share prices of a number of Alberta gold issues. Showing significant gains on recent performances, they seemed to ignore the…
News
Lacana gets block of Newhawk shares
Lacana Mining Corp. is taking a bigger bite of the highly interesting Sulphurets gold-silver project 35 miles northwest of Stewart, B.C., via Newhawk Gold Mines. Under an agreement reached this week, …
Canreos acquires option to buy Melba mine property
The old Melba gold mine near Kirkland Lake, Ont., is being bought by Canreos Minerals (1980) under an option agreement from Nordex Explosives for an aggregate price of $750,000. Canreos President Koos…
Editorial A plan to keep the mining towns going
The following is extracted from a brief presented by the Canadian Associatio n of Single Industry Towns at the recent 44th annual mines ministers’ conference, in St. John’s, Nfld. “We believe that t…
Glimmer active in Harker-Holloway
An exploration program of surface stripping and sampling is being performed by Glimmer Resources on the company’s 108-claim property in Barnet Twp., Ont. The claims are located in the Harker- Hollowa…
Etruscan exploring gold bet in Nevada
Exploration work worth $275,000 will be spent by Etruscan Enterprises of Vancouver on a gold property in Nevada, President R.J. MacNeill reports. The program, comprising i.p. surveys, drilling and add…
Lingman Lake results so significant program will likely be
Exploration work is going full tilt at Lingman Lake, near the Manitoba-Ontario border. About 25 people are on site, supporting a mapping, trenching and sampling program under the direction of Durham G…
Flanagan and partners exceed reserve numbers
Estimated reserves at the Magnacon gold project northwest of Wawa, Ont., are strongly exceeding original expectations, the three joint-venture partners report. The companies involved in the project ar…
New Goldstrike reserves a bonus to Franco-Nevada
A short-term pain for long-term gain mining strategy at the Goldstrike mine in Nevada, reduced Franco-Nevada Mining’s royalty and net profit returns during the first quarter of 1987. Franco-Nevada ret…
Tandem pushing four projects
One of the more active junior issues on the Canadian mining scene today, Tandem Resources is still spreading its wings. In excellent financial shape (cash and marketable securities approaching $10 mil…
Pamour and St. Joe deals signal Australian invasion
Nearly four years after Prime Minister Brian Mulroney declared that Canada was open for business, Australian mining companies have been answering the clarion call with an unprecedented wave of investm…
Vancouver Stock Exchange Roxwell Gold among the high flyers
There’s nothing quite like rising interest rates to send tremors through the market. Following New York and Toronto’s lead yesterday, Vancouver tumbled 22.5 points and by presstime it was down another…