News

Jonpol and Cominco begin program at Garrcon project

Jonpol Explorations and Cominco Ltd. recently agreed to begin a $2-million exploration program on the Garrcon property in Garrison, Twp., Ont. Under the agreement, the funds will be spent over two ye…


Option obtained on placer leases

An option to acquire a 50% interest in four placer-mining leases in the Quesnel mining district near Barkerville, B.C., has been obtained by hwi Industries. The company reports the Barkerville area pr…


Scotia Prime gearing up to drill

Scotia Prime Resources Inc, wholly-owned by ase-listed Petroco, is in the midst of a $1.6- million financing for exploration work on two gold properties in Nova Scotia. President Graig K. Millar, a lo…


Queries Gold boosts Edda shares

I would appreciate any information you can give me on Edda Resources. The issue doubled a couple of weeks ago and I would like to know what caused it to go up. Edda appears to be a good stock for inve…


COATS Trading Features (July 27, 1987)

News that control of Gateford Resources is passing to an officer of the company helped the issue. Gateford added a nickel to 40 cents -50 cents . Macdonald Mines continued unchanged at 30 cents . Mana…


Noranda’s Black Pine looks heap leachable

Some encouraging results at Noranda Exploration’s recently obtained Black Pine property in Cassia Cty., Idaho, means that the company could be on the verge of beginning a heap leach operation there. A…


Golden Knight $30-m. prospectus

A final prospectus has been filed by Golden Knight Resources which outlines details of a $30- million-unit offering. The offering is being made to finance the company’s share of mine development costs…


Correction (July 27, 1987)

It was reported (N.M., July 20/87) that Platinova Resources is a private mineral exploration company. In fact Platinova, which has a 78% interest in Black Hawk Mining, was listed on the Toronto Stock …


Viceroy mine construction could begin in September

Construction work could begin this September on Viceroy Resource Corp.’s Castle Mountain property in California, says D. Ross Fitzpatrick, president. In the meantime, he confirms the “permitting proce…


Alberta Stock Exchange Mill City among movers

While the summer doldrums continued to hamper trading in Alberta, the performance of some gold issues were worth noting. Mill City Gold, which has a 10% net profits royalty interest in some properties…


Equity options Yukon property

Moving aggressively on the exploration front, Equity Silver Mines has taken an option on Fairfield Minerals’ Ram property south of Ross River, Yukon. The prospect is six miles west of the Ketza River …


Granby options Nevada gold bet

Vancouver-based Granby Resources Inc. has optioned a 50% interest in a gold property in Nevada to Centurion Minerals, also of Vancouver. The property, called the Black Quartz property, lies adjacent t…


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