Books (August 24, 1987)
The Saskatchewan Geological Society is holding a stock- reduction sale of several of its special publications. Book prices in effect as long as supplies last or until the end of the year (whichever is…
News
Elder property returns additional encouraging values
Additional good drilling results have been obtained from the Elder property in northwestern Quebec, west of the old stopes between the 12th (1,625-ft) and 14th (2,020-ft) levels, Aunore Resources repo…
120,000 oz gold in 1988 at Mascot’s nickel Plate
The Nickel Plate mine of Mascot Gold Mines here is among the largest open pit gold mining operations in North America and is producing the yellow metal for the third time since 1902. At the official o…
Two zones discovered by Emerald Isle Res.
Results from the first phase of drilling on an epithermal gold property, held by vse-listed Emerald Isle Resources, near the U.S.-Mexico border indicate the existence of two distinct gold-bearing zone…
Greenstone, Syngold reach agreement on two properties
A joint-venture agreement has been signed by Greenstone Resources and Syngold Exploration giving Syngold the right to earn a 50% interest in two of the former’s Chibougamau, Que., properties. Under th…
General News & Comment International mine-finders plan conference
From Sept 27 to Oct 1, mine- finders around the world will gather at the Metro Toronto Convention Centre to attend the third decennial international conference on geophysical and geochemical explorati…
Barrick to drill Pandora property
In a bid to expand current reserves on the Pandora gold mine property in Cadillac Twp., Que., American Barrick Resources will begin a 25,000-ft surface drilling program later this month. A former gold…
FUTURES PRICES (August 24, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug. — — 78.35 – 1.25 Sept. 79.85 77.90 78.00 – 1.40…
Cal Graphite is set to start graphite output
A $7.5-million financing is in place and regulatory approvals have been obtained by Cal Graphite Corp. of Lively, Ont., to bring its big graphite deposit at Granite Lake, 155 miles north of Toronto, i…
Toronto Stock Exchange Profit taking terminates market winning
What initially appeared to be the start of another record breaking week on the Toronto Stock Exchange, has turned into a week of profit taking. Following a record high of 4,112.86 pts early in our rev…
Centurion awaits results of San Juan placer study
Centurion Minerals is confident that a final feasibility study at its San Juan placer project 70 miles northeast of Sacramento, Calif. will recommend both increased production and an extended mine lif…
Metal Markets Production moves in line with demand
Higher metals and other commodity prices will produce a major turnaround in corporate profits in key resource sectors, benefiting nicely the Canadian economy, Scotiabank reports in a commodity market …