Three drills are working on Westmin-Nexus bet
Three diamond drills are working at the Debbie property on Vancouver Island, a joint venture between Westmin Resources, Nexus Resources and Angle Resources. A $2-million program is under way on the 24…
News
Surveys under way at Samarkand bet
Detailed geological surveys are under way on the Roman property of Samarkand Resources on the British Columbia-Yukon border, the company reports. It says rock samples from the property have assayed up…
COATS Trading Features (August 24, 1987)
Grandad Resources continued its winning streak on the COATS system trading more than 600,000 shares for the week. The issue hit a new high of $2.15 before settling back. Last week, the company announc…
First Exploration Fund goes public under new name
The 2,534 investors who bought units of First Exploration Fund last year are now the proud shareholders of Equity Preservation Corp. Trading publicly for the first time this week on the Montreal, Toro…
THE EDITORIAL PAGE Tax reform no friend to entrepreneurs
The reality of Finance Minister Michael Wilson’s long-vaunted proposed overhaul of the whole federal tax system, with its promise of simplicity, fairness and “revenue neutral” is starting to hit home….
Investment Comment Surprise gold makes Battle Mtn. a bet
For investors wishing to add the shares of a low-cost U.S. gold producer to their portfolios, London- based Barclays de Zoete Wedd is recommending Battle Mountain Gold. Trading on the Toronto Stock Ex…
Ramp started at Moss Twp.
Work has begun on a ramp at the Moss Twp. gold property in northwestern Ontario being explored by Storimin Exploration and Tandem Resources. The ramp will give access to planned exploration drifts at …
Agnico shaft first in years in the Cobalt silver camp
To develop what is probably the most significant and exciting silver discovery in the Cobalt area in 35 years, Agnico-Eagle Mines is putting down a 1,200-ft production shaft on its Langis project in H…
Nortek gets option on Shenandoah play
Nortek Minerals has acquired an option on a gold property south of Kirkland Lake, Ont. The company has the right to earn a 50% interest in the claims by spending $1 million on exploration. The 3,000-a…
Metal Prices FREE MARKET London Metal Exchange (August 24, 1987)
Spot closing prices in Pound Sterling per tonne Copper 1103-1104 1112-1113 1098-1099 1104-1105 1125-1126 Lead 413-414 424-425 421-424 419-420 424.5-425 Zinc 492-494 506.5-507 506-508…
Queries Lansdowne, Beaver Creek to merge
(Set 8 and 1/2 pt. on 10 times italic across TWO columns) Have you heard anything about the merger of Vancouver-based Lansdowne Oil and Minerals and Beaver Creek Goldfields of Montreal? I hear Beave…
Overseas Platinum acquires interest in GUYANA gold bet
Overseas Platinum recently acquired the right to earn a 76% interest in a large gold property in the Republic of Guyana. The 354-acre mining lease covers the Hick’s vein, which was explored by Cominco…