Total Erickson entry will spur B.C. bet
The Dome Mountain precious metals project near Smithers, B.C. has moved one step closer to production with the entry of Total Erickson Resources as a partner in the play. Development of the property h…
1986
Alberta Stock Exchange: Tandem volume leader
DWednesday close, Oct 29 Tanner Arctic Oil was the volume leader for another week. The company, which has a whopping 53.8 million shares issued, added 2 cents to close at 20 cents . Tanner has acquire…
Fund managers relish chance to grill top mining executives
There were more pinstriped suits in the room then you’d see at Harry Rosen’s when Gardiner Watson Institutional, a division of Dean Witter Reynolds (Canada), held its annual mining forum in Toronto re…
Vancouver Stock Exchange: Gold’s weakness pulls down market
Wednesday close, Oct 29 The Vancouver market inched lower today as gold tumbled towards the $4 00 level despite conflicting economic signals in the U.S.. Gold’s current weakness has been attributed t…
Three drills now testing Granges’ B.C. gold bet
Probably better than most companies, Granges Exploration recognizes the importance of a drill hole. That fact alone best explains why the company will complete 15,000 to 20,000 ft of drilling this yea…
North American big spender on Golden Bear prospect
What probably represents the largest single exploration and development program in B.C. is well under way 77 miles north of Telegraph Creek. North American Metals Corp. is spending $3.3 million on Che…
Underground for Tandem at Moss Twp. gold project
Plans are being formulated for an underground test of the Tandem Resources-Storimin Exploration joint venture project in Moss Twp., 70 miles west of Thunder Bay in northwestern Ontario. Representative…
Sherritt Gordon’s bottom line hurt by fertilizer division
A major reduction in earnings in fertilizer operations was the prime reason behind the 81% profit drop posted by Sherritt Gordon Mines at the recent 9-month mark. Net earnings of $1.688 million (7 cen…
Beaufield options property gets flow through financing
Beaufield Resources, has entered into an agreement with Kidd Creek Mines, an affiliate of Falconbridge Inc., giving the company the right to earn a 49% interest in Kidd Creek’s Lac Barry area properti…
St. George acquires Nevada gold prospect
St. George Minerals has reached an agreement to acquire the Dean mine property located two miles southeast of its Fisher gold project in Nevada’s Battle Mountain area. President Frank Varseveld claims…
Rio Tinto Zinc subsidiary options Brazilian platinum bet from TVX
RTZ Minerals, a wholly owned subsidiary of the traditionally conservative Rio Tino Zinc PLC of London, has signed an option agreement with CNM of Brazil to earn a 40% interest in a platinum/ paladium …
With ‘$24 million financing Eastmaque to produce in ’87
Armed with more than $26 million, the bulk of which came via a $24 million units offering completed by London-based James Capel & Co., Eastmaque Gold Mines expects to be producing gold by the first qu…