Dolphin plans $4m. program
Anticipating an active year, Dolphin Explorations has budgeted approximately $4 million for exploration work on several gold properties, the most advanced of which is the Cape Ray in Newfoundland. Exp…
News
Caribbean nickel A HIDDEN ASSET
Falcondo’s power plant serves an obvious utility function, but it may also be seen as a hidden asset with a considerable value. Not only does it generate a prof it; its replacement value could well of…
EDITOR’S NOTE Too much gold?
Supply and demand. They go together like toast and jam, like Wayne and Shuster, like assets and liabilities. Together they form a classical type of economic balance without which economists would be u…
Letters to the Editor Exchanges available at CMH
I am a relatively new subscriber to The Northern Miner and I follow it with a fine-toothed comb, so to speak. I run more than 600 charts and mark in short coded form significant news on the companies….
Energex resumes drilling at Toodoggone Property
Drilling resumed at Energex Minerals’ Al property in the Toodoggone area of B.C. on June 17. The program has been expanded to include 25,000 ft of drilling which will be directed at the property’s lar…
COATS Trading Features (August 03, 1987)
Encouraging drill results continue to come from Card Lake Resources gold property in the Harker-Holloway area north of Kirkland Lake, Ont. The issue, which was steady at $1.50, reported gold values fr…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (August 03, 1987)
July 28 July 27 July 24 July 23 July 22 Gold London Bullion Dealers afternoon (morning) $US per oz. 456.15(454.20) 453.15(453.10) 453.30(454.00) 453.95(454.75) 454.90(454.45) Gold Bank of Nova Scoti…
Positive results from Fawn vein at Gunsteel bet
Positive results have been returned from an underground diamond drilling program on the Fawn vein at Gunsteel Resources’ Nugget property near Salmo, B.C. According to Stan A. Endersby, president, the …
CHILEAN COPPER
Despite today’s low prices, reflecting a persistent oversupply, the copper indus try remains active in Chile. Since the country possesses more than 25% of the world’s copper, it is not surprising that…
Falconbridge focuses on debt reduction
After promising to turn a profit during the latter three quarters of 1987, Falconbridge Ltd. has begun to deliver. The company recently reported a $2.5-million profit in the second quarter of 1987, be…
Levon updates oil reserves
Geological ore reserves on the Carbonate Hill property in Colorado, in the Cripple Creek mining district, have been calculated to be 14 million tons grading 0.031 oz gold per ton, Levon Resources repo…
Eastmain explores Northern Quebec target areas
An 8-man field crew under a staff geologist is now on location carrying out geophysical and geochemical surveying, mapping and prospecting on the wholly-owned “Highway” Permit of Eastmain Resources in…