1987

Fort Knox Gold Resources says encouraging results have been received from drilling by Inco Ltd. on the Crow Lake property, southeast of Kenora, Ont. Inco drilled a total of 2,845 m in 16 holes on the …

The holiday-shortened week showed some signs of positive movement as the tse composite index gained 47.6 pts to close at 3,740.19 pts. Today’s trading saw an advance of 6.72 pts. Precious metals, whic…

Dissident shareholders had their say at Canhorn Mining’s annual meeting recently — the meeting lasted more than three hours — but in the end a slate of directors and a stock option plan proposed by …

A mere six years have elapsed since news of the fabulous Hemlo discoveries rocked the mining world. Yet details of another gold discovery, which displays geological parameters of Hemlo-size proportion…

It was incorporated to take advantage of opportunities in Brazil’s burgeoning gold industry and as Consolidated TVX Mining enters its third year of activity, the Toronto-based company is achieving wha…

An exploration agreement has been reached between Minefinders Corp. and Tracker Resources involving the latter’s 20 claims in Duplessis Twp. in the Bachelor Lake area of northwestern Quebec. Minefinde…

Well into gold and oil and gas exploration, and soon to be a silver producer, International Platinum still has every intention of making a name for itself in platinum. “We’re determined to become the …

Card Lake Resources gave up some ground, closing at $1.75. The company is busy drilling a gold property west of the new Holt- McDermott mine being built by American Barrick Resources north of Kirkland…

Exploration has commenced on Dolphin Exploration’s two Newfoundland gold properties. Surface drilling on the Cape Ray project began June 19 and a second rig was scheduled to begin drilling by month-en…

Gold London Bullion Dealers afternoon (morning) $US per oz. June 30 June 29 June 26 June 25 June 24 447.30(446.90) 449.75(446.00) 444.10(441.50) 440.50(443.00) 441.75 (443.00) Go…

In its 50th year of continuous gold production in 1986, Pamour Inc. acquired new Australian owners. In its 51st year in 1987, the company has set a production target of more than 200,000 oz gold. And …

We have recently been informed that the federal department of Energy, Mines and Resources is planning to disband Peter Hood’s magnetic survey research group. As a company engaged in mineral exploratio…