Denison realizes profit of $44.6 million in ’86
It was a tough year for Denison Mines in 1986, perhaps the toughest ever, but judging by the bottom line the company met adversity head on and came out a winner. Drastically lower oil prices and ongoi…
News
Report from Calgary Bighorn bullish on gold bet
An up-to-date information release by Bighorn Development Corp. paints an encouraging picture for the development of the company’s Island Lake gold project in northern Manitoba. Further rehabilitation …
Alberta Stock Exchange Seabee moves Claude
Several issues improved during the week as gold continued to hang on to recent gains. Claude Resources was one of the best performers, adding 40 cents to $4.70 on good volume. A greenlight has finally…
People (January 26, 1987)
TECK CORP. — William R. Bennett appointed a director.
Drilling confirms high grade zone on Silbak property
Underground diamond drilling at Westmin Resources’ British Silbak property has confirmed and extended the high grade precious metals mineralization discovered earlier by surface drilling (N.M., Dec 15…
New silver producer likely at Cobalt 5 million spent to date
(Staff) — “A nice little mine with big potential” is the way Mine Manager Richard LaPrairie currently sees what is known here as the Hellens Eplett operation — a joint venture of Silverside Resource…
Sharpe options its claims to Stratmin
Sharpe Energy & Resources has entered into an agreement with Stratmin Resources. Under the terms of the deal, Stratmin will spend $175,000 on Sharpe’s 47 claims in Aloigny Twp., Que., in order to earn…
Gunsteel looks to restart nugget gold production
Gunsteel Resources — says the underground exploration program at its Nugget gold property near Salmo, B.C., is progressing with very positive results. The present work is being concentrated in the ar…
Glitter Gold to bulk test Rea Gold’s Discovery zone/ LDql/
Bulk sampling, metallurgical and milling tests are slated for Rea Gold Corp’s Discovery zone in the Adam’s Lake area of B.C. Under an agreement with Rea, Vancouver-listed Glitter Gold Mines has been g…
Editorial Image takes a back seat to survival
Some years ago, when the mining industry was in a much healthier s tate and had more time and money, it spent quite a bit more of both in considerations of public relations. A much-misused and frequen…
Royex gold production to exceed 110,000 oz LKD
Moving closer to its objective of becoming a substantial, low-cost gold producer, Royex Gold Mining Corp.’s annual share of production should exceed 110,000 oz this year and 200,000 oz in 1988, says P…
Audrey to spend $8 m. on Mobrun
A commerical production decision is expected on Audrey Resources’s optioned Mobrun property near Rouyn, Que., once an $8 million exploration program is completed this June, reports president Guy Heber…