VSE breaks records in volume, value
Like the Toronto Stock Exchange, (N.M., Jan 12/87), the Vancouver Stock Exchange broke records in 1986. Volume traded at 3.5 billion shares, establishing a new high surpassing by 12.9% the previous re…
1987
Letters to the Editor Minicipalieies back flwo-through
The following letter has been sent to Finance Minister Michael Wilson at Ottawa. I would like to take this opportunity to convey to you some of the very strong feelings that many of our member municip…
Agnico-Eagle basks in bright ore position
While there will be no output from Agnico-Eagle Mines’ silver division here until its new $2.5-million mill is ready, which now looks like mid-year, there has been absolutely no letup in exploration o…
Stabell and Acquisitor underground at Val d’Or LD
Work is under way on rehabilitating the No 2 shaft at Stabell Resources’ Dubuisson Twp. gold property near Val d’Or, Que. The work, which is being done with Acquisitor Mines which has an option to ear…
Standard starting underground work on Duverny project
In the past six months Standard Gold Mines has erected a headframe and hoist along with ancillary services required to facilitate exploration to the 2,500-ft level on its Duverny gold prospect near Am…
Abermin seeks high grade at Vancouver Island project
Mineral exploration is generally a slow and tedious process and few mines are discovered on one drill hole. So being in the right place is important whether you are talking about geology or nearness t…
Falco Copper slates work on Achates bet
A program of geophysics, overburden drilling and 3,700 ft of diamond drilling is slated this year for Achates Resources’ 97-claim gold bet in Brongniart Twp. in the Chibougamau area of Quebec. Here Ac…
Budget fears fuel frenzy for flow-through shares
“A feeding frenzy” is about the only way to describe it, William F. White, senior vice-president of corporate finance at Merrill Lynch Canada says of the public’s rush for the new issue of flow-throug…
D’Or Val cuts new vein on Beacon gold property LD
A 20 ft section of gold quartz mineralization has been pulled by D’Or Val Mines in the Discovery vein at its Beacon mine just east of Val d’Or, Que. The vein material in this diamond drill hole, No. 1…
People (January 19, 1987)
CANAMAX RESOURCES — Charles E. Stott Jr. and Timothy J. Haddon elected to the board of directors.
United Keno funding
United Keno Hill Mines reports it has an agreement with NIM and Co., Limited, Partnership — 1987, for the provision to United Keno of flow-through exploration funding. United Keno says it will issue …
United Gold hits goldon its Clio property LD
A 145-ft section grading 0.155 oz gold per ton has been pulled by United Gold Corp. on its Clio property in Tuolumne Cty., Calif. A total of five holes was drilled prior to the Christmas break and ass…