1987


Multinational at Toodoggone

Exploration work is under way at Multinational Resources’ Toodoggone area property north of Smithers, B.C. The first-phase program will include more than 5,000 ft of diamond drilling in the B zone to …



Old mine workings being investigated

An underground exploration program has been started on Canadian Gold Resources’ Kirkroyal property in Lebel Twp., near Kirkland Lake, Ont., the company reports. The program is being financed by Colray…


Stainless steel production boosts demand for nickel

Demand for nickel is running higher, buoyed by record production of stainless steel by many major producing nations, Shearson Lehman Securities (formerly L Messel & Co. reports in a recent weekly publ…


Editorial Biting at the base metals

At long last investors and speculators alike are once again turning their attention to the highly cyclical base metals stocks, triggered by improving prices for these commodities in international mark…


Westar gets okay for Falcon bet

Westar Mining has been given Stage 1 approval-in-principle for the proposed Falcon development at its Greenhills coal project in B.C.’s Elk Valley. The announcement was made jointly by Energy, Mines a…


Equity Silver photo caption

The main zone pit is visible beyond the Equity Silver Mine plant, including the leach plant (foreground), and concentrator beyond, and the A-frame for ** fine ore storage. **…


Drilling started at Tintina bet

A $600,000 work program for this year at Tintina Mines’ silver property at Watson Lake in the Yukon is under way, the company having recently secured the funding by way of a private placement of flow-…


News In Brief (July 13, 1987)

Gowest Amalgamated Resources has filed a final prospectus with the province of Ontario where up to 1,200,000 shares of the company will be offered, at a price of 60 cents per share. Yorkton Securitie…


Gold values encouraging on Westmin Manitoba bet

Westmin Resources reports it has intersected encouraging gold values in diamond drill holes at Utik Lake in northern Manitoba. The property, located 75 miles east of Thompson, is being explored under …


Faulted extension found by Acadia

Acadia Mineral Ventures has found the faulted extension of the Mooseland gold deposit in Halifax, Cty., N.S. Up to now the company believed the deposit, which has the potential for developing an estim…


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