Northern plans new financing
Northern Mining Explorations of Amos, Que., plans to raise up to $1 million through a new limited partnership, Societe en Commandite Isle-Dieu Matagami, the company reports. J. J. Martel, executive vi…
News
METAL MARKETS Copper to defy seasonal factors
The near future looks most encouraging for copper, reports Shearson Lehman Brothers in its latest quarterly report on the base metal. The New York company is forecasting that copper will continue to d…
REPORT FROM CALGARY Alberta juniors coast to coast
With the summer field season moving into the second half, Alberta resource companies are well represented all across Canada. Mostly Calgary-based, the majority are conducting gold searches in the Nort…
Giant Yellowknife, a long-term bet
For investors on the lookout for a long-term bet with above average potential, Merrill Lynch mining analyst Robert Cook is recommending Giant Yellowknife Mines. One of Canada’s “major league” gold pro…
Strong platinum values assayed by Equinox
What probably represents one of the least promoted platinum group metal discoveries in the country has yielded some impressive results. Equinox Resources and Technigen Corp. have completed an extensi…
Major drilling is planned by Cambior at Mouska bet
Encouraging gold mineralization has been encountered by widely- spaced surface drilling at Cambior Inc.’s 100%-owned Mouska property in Quebec’s Bousquet Twp., immediately west of the Doyon mine, the …
Fin amalgamates with Continental
Fin Resources of Toronto recently amalgamated with its wholly owned subsidiary Continental Precious Minerals. According to President Edward Godin, Fin and Continental will continue as one corporation …
Western Goldfields retains $15 million for acquisitions
In September, 1986, Western Goldfields poured the first gold from its 60%-owned Hog Ranch heap leach mine in Nevada. Now the company has reported earnings of 30 cents per share (28 cents fully dilut…
News in Brief (August 03, 1987)
S.I.S. Explorations has changed its name to Allegiance Equity Corp. (anq:vse) on a basis of one new share for four old shares.
Noranda, Getty release results of Tundra project
Additional drilling results have been obtained from Noranda Inc. and Getty Resources’ Courageous Lake joint venture property located 130 miles northeast of Yellowknife, N.W.T. Previous results from a …
Queries Kaaba to heap leach in California
When I last wrote to you in the summer of 1985, you seemed unaware of Skyline Explorations, which was trading on the Vancouver Stock Exchange at 85 cents . Since you haven’t published any news of Ka…
CROSS-CUTS Huge nugget find reported
It looks like a big baked potato, it’s said to weigh 74.6 oz and it could be worth at least $60,000. “It” is a gold nugget, discovered July 9 at Squaw Creek, B.C., that could be the biggest ever in Ca…