Pelangio plans active year
A portfolio of mineral properties has been put together by Pelangio Larder Mines which will be explored for gold this year, the company says. President J. A. G. Mortson says the company plans to joint…
News
News in Brief (April 06, 1987)
Yucana Resources has changed its name to Shamrock Resources Inc. on a basis of 1 new for 2.5 old shares.
Golden Eye encouraged by zinc search results
Contrary to widespread belief, there are people looking for metals other than gold. In the base metals sector zinc is probably the only game in town — even more so if there are some precious metal cr…
Investment Comment Placer geared to strong growth
Like everyone else, investors like to have something to look forward to. And strong growth in their stocks is high on the list of what they want to see. Toronto-listed Placer Development fits into thi…
Sanfred options Fort Knox claims
Sanfred Resources has optioned a 26-claim property in Code Twp., approximately 20 km southeast of Kenora, Ont. The ground was optioned from Fort Knox Gold Resources, a 33%-owned affiliate of Inco Ltd….
Alberta Stock Exchange Shabu holds gains
After a brief halt at $9, Shabu Gold Mines resumed trading in the $10.75 range. The issue hit a high of $12.75 during the week — up from 35 cents in February. Incredibly however, the hugh price rise…
Hydra Explorations control to Neptune
Control of Hydra Explorations is passing into the hands of Neptune Resources Corp., which heads a group of investors who are acquiring 750,000 shares from the control block at a price of $1.60 per sha…
Letters to the Editor Gordex not first
A story in a recent issue of The Northern Miner states that Gordex is Canada’s first gold heap leaching operation. This is not true. Anaconda Caribou treated 60,000 tonnes of gossan ore grading 0.156 …
Syngold on TSE
Active in Ontario and Quebec, Montreal-listed Syngold Exploration is now also listed on the Toronto Stock Exchange effective April 1. The original tse listing in the mining category is for 8,544,553 s…
Production nearing for Ketza River gold
An in-house feasibility study prepared by Canamax Resources and audited by Wright Engineers recommends production for the Ketza River gold property in the Yukon. The $21.1- million project is a joint …
Gowest drill holes cut two gold zones
A 3,000-ft drill program completed by Gowest Amalgamated Resources has intersected two zones of gold mineralization. The drilling in Denton Twp., Ont., intersected in the first hole an 11.7-ft section…
Obituary Peter Munro
At presstime, we learned with deep regret of the death, after a lengthy illness, of Peter Munro, 52, president of Dickenson Mines. A full appreciation of Mr. Munro will appear in the next issue of The…