Your Precious Portfolio
Toronto’s three precious metals funds stood up well to the ups and downs of gold prices. The goldbugs were having a field day late last summer when the price of gold popped up through the $440(US) mar…
News
Editorial Flow-through gets at least a reprieve
There was good news — and a little bad news — in Finance Ministe r Michael Wilson’s recent budget, at least as far as the mining industry is concerned. The good news of course is that flow-through f…
COATS Trading Features (March 02, 1987)
Cleyo Resources, which is performing exploration on several properties in Ontario, traded at a new high of $2.90. The issue closed at $2.80-$2.90. Chance Mining & Exploration was also active, trading …
Noranda and partners encouraged at DeSantis
Encouraging gold values have been received by partners Noranda Inc., Stan West Mining Corp. and Canacord Resources from their DeSantis mine property, southwest of Timmins, Ont. A first-phase $1.5-mill…
EXPLORATION ’87 MUSCOCHO
Although budgets for some programs are still in the discussion stage, the 1987 planning for companies lying within the Muscocho Explorations umbrella calls for exploration outlays totalling about $33 …
EXPLORATION ’87 CAMBIOR
About $15 million will be spent by Cambior Inc. this year, exploring for mineable gold deposits in northwestern Quebec and an additional $13 million has been committed by the company’s various joint v…
Gold Conference
The cream of Canada’s gold producers will be on hand for the 1987 Gold Conference held March 2-3 in New York. Among companies making presentations at the conference will be Dome Mines, Echo Bay Mines,…
EXPLORATION ’87 CANAMAX
Exploration expenditures for 1987 are budgeted at $11.5 million as Canamax’s share on five key gold projects and grassroots exploration projects in three provinces and both territories. In central Can…
People (March 02, 1987)
Eldorado Nuclear — L. George Bonar elected chairman of the board and chief executive officer.
EDITOR’S NOTE High Stakes
It may not be the safest investment, but more money is going into the ground this year in Canada than ever before as investors look for a return in the form of new-found mineral wealth. The odds, as a…
High grade gold for Levon Resources
Still more encouraging assays have been received from the Howard tunnel under development on Levon Resources’ Congress gold property, near Gold Bridge, B.C., the company says. It reports high grade go…
McChip seeks interest in Noranda Expl. bet
McChip Resources says it has a letter of agreement with Noranda Exploration which would give McChip the option to earn up to 50% of Noranda’s interest in a group of claims in Stock, German and Maklem …