Alberta Stock exchange Gold issues surge
Junior gold issues bounced back with strengthening gold prices. One of the best gainers continued to be Monte Carlo Resources which added another 85 cents to $2.80 — that’s up $1.80 in three weeks. …
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Atlantic Report Mining means more than gold
Industrial minerals, say Dr Richard Potter, in charge of mineral resources promotion in the province’s department of mines and energy, and John Fowler, senior industrial minerals geologist with the de…
Toronto-listed Vestgron active concern once again
There’s no denying that Vestgron Mines has had its share of ups and downs over the past year, but now that this Toronto-listed company has been acquired by a private Halifax-based investment company, …
Production hits records but Westmin profit off
Despite record minerals, oil and natural gas production, Westmin Resources earnings in 1986 slid to a net of $8,648,000, on revenues of $189,563,000, compared with earnings of $30,452,000 on revenues …
Vancouver Stock Exchange Market bullish with new highs
Investors are taking a hard look at secondary markets because blue chip gold stocks on the tse and elsewhere are getting a bit expensive. As a result Vancouver has turned extremely bullish and its mar…
Queenstake plans precious metals probe
Queenstake Resources is raising up to $600,000 for exploration of its B.C. and Yukon precious metal properties, the company reports. The funds, resulting from a financing agreement with NIM and Co. Lt…
Power plans work on Jaeger property
Power Explorations intends to conduct additional exploration on ground held by Jaeger Resources in the Opapimiskan Lake area of northwestern Ontario. The 99- claim property is shared equally by the tw…
Pioneer nets $15.75m. for Puffy Lake gold mine
Project financing has been secured by Pioneer Metals for its Puffy Lake gold mine, 45 miles northeast of Flin Flon, Man. Debt- free, and with $4 million in working capital (excluding the financing), P…
Shallow drill holes intersect silver values, Lacana says
A series of shallow drill holes have been completed by Lacana Mining Corp. on the California Lake project, south of Bathurst, N.B. Partners include American Ore, Sparton Resources and Lynx-Canada Expl…
Purity is key
High purity separated rare earths are the key to growth in the rare earths industry, Roskill News reports in a recent bulletin. “With prices up to one thousand times those of mixed rare earth compound…
Blackberry outlines gold-platinum gravels
Blackberry Gold Resources says that drilling and test pitting have indicated 820,000 cu m of gold-platinum- bearing gravels on its property near Princeton, B.C. Values range from $1.27 to $7.22 per m …
$1.1 million targetted on Mets in Toodoggone
An exploration budget in excess of $1.4 million is being evaluated by Golden Rule Resources and Manson Creek Resources for the Toodoggone area of north-central B.C., says Manson Creek President Glen H…