Vancouver Stock Exchange (March 02, 1987)
The agreement by major industrialized nations to halt or at least control the fall of the U.S. dollar should have been bad news for gold. But Brazil’s decision to suspend payments on its international…
1987
McAdam is an undervalued play
On the lookout for undervalued gold stocks? One that fits the bill is Toronto-listed McAdam Resources. The combination of its property portfolio, competent technical management and strong financial po…
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…
50 YEARS AGO –MARCH, 1937– NEW GOLD FIND DRILLED IN BOUSQUET TWP.
An important new gold discovery has been quietly worked at surface and probed by drilling on the Cassels-Duval property in the north part of Bousquet Twp., Que. Encouraging gold values were returned a…
NO HEADLINE (March 02, 1987)
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Capt. Consolidated and Koala cut gold values at Pukaskwa
A gold discovery has been made by partners Captain Consolidated Resources and Koala Resources on their Pukaskwa property. The claims are located in a greenstone belt nine miles northwest of the Mishib…
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…
Millstream Mines
Millstream Mines says it expects to start a preliminary exploration program early this year on 200 unpatented mining claims located in the Oba region of Ontario. The company has a 100% interest in the…
Pronto raises exploration funds
Toronto-listed Pronto Explorations has entered into an agreement for a private placement of $1.4 million of flow-through shares of the company’s common shares. The proceeds will be directed to the com…
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…