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…
1987
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…
EXPLORATION ’87 LOUVEM MINES
During 1986 Louvem Mines’ total land position doubled to 50,000 acres, mostly by staking in the Casa Berardi area. This year Louvem intends to do most of its exploration and development work on three …
Grades improve at Bachelor Lake
Operating improvements at Bachelor Lake Gold Mines facility near Demaraisville, Que., which first surfaced in the third quarter of 1986, have continued into the fourth quarter. For the 3-month period …
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…