1987


La Fosse platinum find sparks staking in Quebec

Several important platinum discoveries have been made by the La Fosse Platinum Group in the Labrador Trough, a major geological feature better known for its immense iron ore reserves. Located along th…


COATS Trading Features (January 26, 1987)

Exploration work by Goldteck Mines on a gold prospect near Matachewan, Ont., is helping move the issue to the $1.85-$1.90 range. A trade at $2 was recorded during the week. Real Goldfields, which owns…


Canuc sells claims to Denison Mines

Uranium claims held by Canuc Resources have been sold to Denison Mines. Located near Elliot Lake, Ont., the claims host reserves of almost 7 million lb of uranium oxide. Canuc says that it could recei…


Coxheath gets cash

A private placement of flow- through shares has been completed by Coxheath Gold Holdings. The company raised $1.3 million which will fund additional exploration on the Tangier gold property 50 miles n…


Skyline estimates large reserve

A reserve inventory has been released by Skyline Explorations for its Reg property in northwestern B.C. The company describes the reserve calculation by Dr E. W. Grove as conservative and continues to…


Three successful projects have Muscocho hustling

Three gold exploration projects on which Muscocho Explorations is acting as operator are returning values that make each one of them look a cinch to carry on to the further phases of development. In f…


Conference on computer uses will run at Laval

Several universities, together with the Surface Mining Laboratory of the Canada Centre of Mineral and Energy Technology (canmet) and the cim are organizing the first Canadian Conference on Computer Ap…


News in Brief (January 26, 1987)

American Barrick is now the sole owner and operator of the Goldstrike mine in Nevada. This follows the approval by shareholders of Pancana Minerals of a plan of arrangement which results in Pancana be…




Unique sampler

A unique and rapid sampling- assaying device known as the Mineral Analysis Probe (MAP) is proving a boon to the exploration-development program under way at the Hellens Eplett silver mine at Cobalt. D…


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