News

Atlantic Report Atlantic Goldfields in the swim

Gold exploration at mid-summer has been marked by new companies emerging on the Atlantic Canada mining scene and an established company expanding its operations into another industry. Atlantic Goldfie…


Levon, Veronex drill high grade

Diamond drilling by Levon Resources and Veronex Resources, has intersected high grade gold values from their Howard tunnel project in B.C. Hole 19 cut a 15-ft section grading 2.48 oz gold per ton. Hol…



Montreal Exchange Market moves higher

What started out a quiet week has ended up on a high note, with the general index of the Montreal Exchange, the market portfolio, rolling to a new high of 2,051.22 pts. The mining and minerals index, …


Teeshin mine production anticipated by June ’88

Production from the Dome Mountain property near Smithers, B.C., is expected to begin by next summer, Teeshin Resources says. Teeshin holds a 37.5% fully diluted interest in the project. The remaining …


Ex-Terra earning property option

A joint venture to explore the Crawford gold property located midway between Red Lake and Pickle Lake in northwestern Ontario has been entered into by Gabbs Resources and Ex-Terra Resources. Ex-Terra …


Queenston to confirm chairman’s confidence

While Queenston Gold Mines Chairman Hugh Harbinson stops just short of saying that his company is about to become another Canamax Resources, he confesses to being extremely optimistic about the compan…


Moneta Porcupine raises over $2m.

Moneta Porcupine Mines reports it has completed financings yielding more than $2.3 million, to be used in exploration and property acquisition. The company says private placements in May of $270,000 f…


Alberta Stock Exchange Gold volumes down

While market indexes in Montreal and Toronto reached levels which have alarmed experienced market watchers, there was little to fear from a comparatively modest session on the Alberta exchange. After …


News in Brief (August 17, 1987)

Glory Explorations has changed its name to National Fuelcorp (NLF:VSE) on a basis of one new share for 3 1/2 old shares.




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