Till, rock sampling values encouraging
Both till and rock sampling have located a number of areas of anomalous high gold values on the Wolverine Pond — Trap Pond — Flatwater Pond assemblage of 1,647 claims in the Baie Verte area of Newfo…
News
NO HEADLINE (August 24, 1987)
TEXT: Cominco Resources International spent $1.9 million on various exploration projects during its first quarter of operation. Feasibility work was also in progress at three projects: Topaz berylliu…
Good drill hole at NAR-Palliser
Management of the North American Rare Metals — Dundee-Palliser joint venture Vezza gold project 25 km south of Matagami, Que., are highly encouraged with the findings in the latest hole in its 1987 s…
Some impressive results from Equinox PGM find
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 extensiv…
Renabie ore reserves revised; underground work encouraging
Reserves at the end of July stood at more than one million tons at the Renabie Gold Mines’ property in northern Ontario, where significant gold values have been returned at the 3,930-ft level and a $3…
Low coal price deepens loss for Westar
Westar Mining had a 6-month loss of $3.5 million compared to $3.1 million for the same period in 1986. The company’s second quarter loss of $8.1 million was almost identical to the previous year’s. Ac…
Alberta Stock Exchange Record trading
A record breaking seven-month period, has witnessed volumes of 424,819,000 shares changing hands, the Alberta Stock Exchange has reported. That compares a record 369,367,000 shares during the same per…
News in Brief Silver Bar Mines
Silver Bar Mines of North Bay, Ont., is to begin underground exploration at its Lady Blue mine located south of Kirkland Lake. A former copper producer, the property’s mineralization contains gold, si…
Edomar funding
Subject, it says, to the company succeeding in obtaining a listing on the Alberta Stock Exchange, Edomar Resources reports it has an agreement in principle with Excan Mineral Exploration and Co., Ltd….
Coal Conference (August 24, 1987)
The 6th Australian Coal Conference conducted by the Australian Coal Association will take place April 17-21, 1988, in Brisbane. Theme of the conference will be international challenge and response. Am…
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…
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…