Western results excite Teeshin
Favorable gold and silver drilling results have been reported by Teeshin Resources for its Dome Mountain project near Smithers, B.C. In Boulder zone one, the average grade of gold indicated was 0.44 o…
News
Montreal Exchange Sphinx issues active
Trading of Exploration Sphinx “A” shares, which have been active for the past weeks, received another boost this past week with the release of bulk sample results from the Duvay property located north…
Sigma has 10-year life after reserves change
Having already completed new ore reserve calculations at Campbell Red Lake Mines, (N.M., Jan 26/87), the Dome Mines group reports a reserve recalculation has also been done for Sigma Mines (Quebec). T…
Nor-Acme Royalties
A $5.8-million plant is to be built to treat the 260,000 tons of arsenical gold concentrates stockpiled at the Snow Lake property of Nor- Acme Gold Mines in Manitoba. These grade 0.324 oz gold per ton…
Mine rescue vehicles
Ontario’s ministry of northern development and mines is buying six mine rescue vehicles from a Timmins manufacturer, to augment the arsenal of six mine rescue stations across the province. The vehicle…
News in Brief (March 16, 1987)
Ethicorp Resources has declared a special dividend of 0.687414 common shares of Thirteen Mile Resources to be distributed to shareholders for each share of the company held.
News in briefs (March 16, 1987)
Morrison Petroleums has declared a stock dividend of one common share of Morrison Minerals for each common share held, payable Mar 23 to shareholders of record Mar 20.
Alberta Stock Exchange Southgate a mover
Formerly known as Southgate Resources, Consolidated CBA Corp. was the big mover on the Alberta board in the review period, trading 861,800 shares to gain 4 cents to 24 cents a share. The company hol…
Falconbridge reorganizes its exploration group
A major reorganization of its Canada-wide exploration group has been put in place by Falconbridge Ltd. A principal thrust of the reorganization, the company’s vice- president exploration, M. J. Knucke…
Editorial Great engineering achievements
Not surprising that de Havilland’s rugged little Beaver bush plane, an aircraft that has flown countless prospectors, geologists, etc. into Canada’s hinterland in search of metals and minerals, should…
Investment Comment Blackdome picked as winner investment comment:
The combination of high earnings, low-cost production and a generous dividend policy leads analysts Rick Cohen and Bill Richardson of Brown, Baldwin, Nisker Ltd. to recommend the purcase of shares of …
Four drills on Brazil’s Pt bet
Initial platinum and palladium grades from a property in the northern part of Brazil have been obtained by The Northern Miner. Being worked jointly by a subsidiary of mining giant Rio Tinto Zinc and T…