Westmin, Colony boost reserves at Blue Moon bet
Reserves at Westmin Resources’ Blue Moon project in California have increased by about one-third following a drill program. They now stand at 4.1 million tons (probable and inferred) grading 0.06 oz g…
News
Rogi-Aur Res. intersect gold at Val d’Or bet
Ore grade gold mineralization has been intersected in three of five holes drilled to date on the Annamaque-Faraday property at Val d’Or, Que., Rogi Exploration reports. Rogi is involved in a joint ven…
Bar in the picture on Nevada gold mine
The recent high grade gold discovery at the Buckhorn mine (N.M., Sept 21/87) in Nevada has tended to focus on two companies: Cominco Resources International and Equinox Resources. But Vancouver-based …
Que West refinances
A refinancing and capital reorganization program is in progress for Que West Resources. The company says it has an agreement with Cancapital Corp. and S.C. Equities, whereby these companies have acqui…
INVESTNEBT COMMENT Coxheath overlooked, report says
For investors looking around for a junior gold play with plenty of growth potential, Kleinwort Grieveson Securities Ltd. of London, England is recommending Coxheath Gold Holdings as a buy. While Seabr…
Correction (September 21, 1987)
In the Sept 4 issue of The Northern Miner, we reported that Franco- Nevada Mining had losses of $409,000 for the 6-month period ended June 30, 1987. In fact the $409,000 reported was accumulated over …
People (September 21, 1987)
City Resources — J. Ron Longstaffe appointed president and chief executive officer.
Toronto Stock Exchange Market suffering bout of directionless
A natural bout of directionless trading appears to have taken hold of the Toronto Stock Exchange as most indices remained relatively unchanged from last week. The tse composite drifted down 13 pts tod…
BIOMINET meeting
Biominet, the federal government’s network, responsible for facilitating the exchange of information on biotechnology as it relates to the mining industry, will hold its fourth annual meeting Nov 4 at…
Bay/Jilbey expanding ore position on Fontana bet (September 21, 1987)
Latest exploration results from the Fontana property near Amos, Que., held jointly by Bay Resources & Services (75%) and Jilbey Industries (25%), indicate an expanding ore situation, which looks even …
COATS Trading Features (September 21, 1987)
Louvicourt Goldfields was weaker this week, trading at 63 cents -68 cents . Last week, the issue was up to 80 cents on news that Ronrico Explorations plans to reopen Louvicourt’s shutdown mine proper…
Mingold, Range in $3m. venture
An agreement has been completed between Golden Range Resources and Mingold Resources, a 100%-owned affiliate of Inspiration Resources Corp. and Minorco Canada. Under the terms of the deal, Golden Rang…