More work on Adams Plateau
Izone International, one-third partner on the Adams Plateau joint venture, with Clifton Resources and Adams Exploration reports continuing exploration. Diamond drilling has tested one of four anomalou…
News
Lower nickel prices are forecast 10,000 ton oversupply
Nickel producers have been in a tight squeeze as a consequence of slumping nickel prices and the squeeze is expected to get tighter. The price of nickel, which was down around $1.70(US) a lb at presst…
Obituary David Thornsteinson
Beardmore prospector killed in accident A highly regarded independent prospector who never lost his faith in the Geraldton-Beardmore gold area which he so proudly made his home for 25 years, David Tho…
Nickel
The price of nickel, which was down around $1.70(US) a lb at presstime, will probably drop to $1.50 a lb, knocking off a lot of production capacity, market analyst Ilmar Martens said in a panel discus…
Oracle Resources begins exploration in Pickle Lk.
Exploration has begun on two of Oracle Resources’ four gold properties in the Pickle Lake and Opapimiskan Lake areas of northwestern Ontario. Results of airborne EM and magnetic surveys carried out ea…
Over-the-Counter Trading Features (September 01, 1986)
After being under a suspended trading order for more than eight years, Canadian Magnesite Mines came back to life trading at 5 cents -15 cents . Good news for long-suffering shareholders who might fin…
Sherritt spending $5m. to modify coin plant
A $5-million modification program is under way at Sherritt Gordon Mines’ coin blank plating and processing facility at Fort Saskatchewan, Alta., in readiness to fulfil its recently signed contract wit…
Toronto Stock Exchange Slow but steady advance as market inches
Wednesday close, August 27 Trading was slow and quiet on the TSE today with the composite 300 index inching up by 1.77 pts to 3,038.12. Metals and minerals were up 2 pts to 2048.50. Big news was made …
Fleck Res. options Great Lakes Nickel Pardee properties
After being on standby for more than 10 years, Great Lakes Nickel’s Pardee Twp. properties will once again see some action. Vancouver-based Fleck Resources, known for its platinum group metals bet nea…
Western Goldfields
Shares of Western Goldfields Inc., which has a 31.72% interest in a heap leach gold mine near Reno, Nev., are now listed on the Toronto Stock Exchange. The first gold pour at the Nevada mine, called t…
Two more properties for Glen Auden Resources
Several properties have been acquired by Glen Auden Resources. In the Swayze area, southwest of Timmins, Ont., the company has acquired a 100% interest in 77 claims. Located in Swayze and Denyes twps….
Financing arranged by Beaufield Res.
A financing agreement has been negotiated which will raise a maximum of $800,000 for Beaufield Resources. Beaufield plans to issue 516,129 common shares at a price of $1.55 per share on a flow-through…