Montreal Exchange Syngold shares active
When a company trades close to half a million shares during the week, it is not always easy to discover the reason why. Such is the case with Syngold Exploration. The mining firm closed at $2.47, up 5…
1987
Alberta Stock Exchange Monte Carlo High roll
A grass roots gold exploration play in Aruba is giving Monte Carlo Resources a ride. The issue, which has received coverage in the Caribbean press, added another 50 cents to $2 — that’s up a dollar …
Teck/Corona mining to the max in Hemlo
It’s full steam ahead in 1987 for the Teck/Corona gold project here in the booming Hemlo camp. Though still in the development stage, the David Bell mine is already contributing to Teck’s and Corona’s…
Queries Interquest busy on both sides of border
I heard that Interquest Resources is doing some work in Arizona. What’s the story? I.M. Toronto Your information is quite right. Last summer Interquest Resources entered into an agreement with Stan We…
Duration, Thor sign agreement for exploration
A letter of agreement covering exploration of 48 claims in the Bamoos Lake area in northern Ontario has been signed by Duration Mines and Thor Lake Explorations. The property, located about 40 miles n…
Placer Gold largest contributor to Placer’s ’86 earnings
Reflecting the sale of a 21.4% interest in an Australian subsidiary, Placer Development reported net earnings of $70.3 million or $1.59 per share in 1986 compared to $35.3 million or 82 cents per shar…
Research
Searching for Signatures: Evidence for the magmatic origins of gold ** Tired of looking for gold deposits in the heavily explored camps of the Precambrian Shield? Well, consider moving outside the na…
EXPLORATION ’87 DOME
The Dome Mines Group’s basic mineral exploration budget for 1987 will be $14.2 million, compared to about $13 million in 1986. The group will contribute an additional $700,000 to a proposed $2-million…
Obituary – Veteran prospector A.E. Lafontaine dies
A veteran prospector who was well known throughout the mining industry within which he worked for 65 years, Amedee Frederick Lafontaine, died at Thunder Bay, Ont., at the age of 87. Born at Compte Lav…
ON THE MOVE Fisher Controls Co.
Joseph Gaetan is the new plant manager of Fisher Controls Co. of Canada’s Woodstock, Ont. facility. He was previously, for four years, the general manager of Fisher’s Edmonton, Alta., service company…
ON THE MOVE N. Morissette Canada
Romeo Brouillette has been appointed vice-president of N. Morissette Canada. Brouillette has experience in all phases of contract diamond drilling throughout Canada. He will continue as manager of th…
EXPLORATION ’87 GETTY
Formed in mid-1986 from the subsidiaries of Getty Oil Co., Toronto- listed Getty Resources appears to have a bright future. Richard Atkinson, who successfully led a group of private investors in the p…