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…
1987
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…
Over $11 million to be raised for Golden Triangle
Golden Triangle Mining Exploration says it has an agreement with Golden Day Explorations and Co., Ltd. Partnership, for the latter to provide Golden Triangle with up to $11,305,000. Golden Triangle wi…
Letter to the editor Seeks Red Lake information
I am endeavoring to locate the daughter of the late mining pioneer, Horace G. Young, (1881- 1966). I believe she is Mrs Wilhelmina Charlton, last known living in Calgary, Alta. I represent the Red Lak…
Muscocho encouraged at Magnacon project
Exploration drifting underground at the Magnacon joint venture in the Mishibishu Lake area of northern Ontario is continuing to turn up gold values on the 300-ft level. In the joint venture, Muscocho …
Montreal Exchange — Goldex takes off
With underground drilling just under way, Goldex Mines’ share price took off in anticipation of what that drilling will reveal on the company’s Val d’Or property. Goldex gained $1.13 on the week to cl…
Troymin encounters new mineralized zone at Mon bet in N.W.T.
An 11-hole diamond drill program totalling 1,589 ft has been completed by Alberta-listed Troymin Resources on its recently optioned Mon group of leases located about 30 miles north of Yellowknife, N.W…
Prospectors’ course
British Columbia’s Ministry of Energy, Mines and Petroleum Resources will be sponsoring its annual Mineral Exploration Course for Prospectors again this spring. The course runs from April 23 to May 9 …
Letter to editor President Reagan a victim?
Congratulations on your editorial on Canada-U.S. relations Jan 12. Do not be so hard on Reagan. He is only a wacky-minded ham actor at best. Well-heeled conservative business people spent billions to …
Pundata acquires Nevada properties
A large block of ground consisting of 267 claims has been acquired by Pundata Gold Corp. in Nevada. Located 30 miles southwest of Las Vegas, the property covers several old workings which focused on c…
Automation soon VSE improves its image
In today’s intensely competitive global economy automation has become synonymous with survival not only for industry but for stock markets as well. Determined to maintain its pre-eminence as North Ame…
Seabright Resources private placement
A private placement by way of an offering memorandum has been announced by Seabright Resources. The private placement consists of a minimum of 100 units and a maximum of 600 units with a minimum subsc…