Field work to start at Coronado/Bourdeaux
Field work will begin immediately at Coronado Resources’ Davis Lake joint venture gold property in Saskatchewan’s La Ronge mining district, the company said. According to Coronado, the program will co…
1987
Hector completes drilling B.C. gold/ silver claims
A 2,000-ft drill program on Hector Resources’ gold claims in the Iskut River area of northwestern B.C. has produced encouraging gold assays. Hector has a 100% interest in the claim group, which adjoin…
Hit the Jackpot
A large group of miners from Inco’s Frood mine in the Sudbury district of Ontario last week came up with the right number combination in the big Lotto 6/49 lottery, to win $1,600,000. The 58 people in…
Bitech drill program
A 14,000-ft diamond drill program has been started by Bitech Energy Resources on the company’s Tache Lake gold-zinc property near Chibougamau, Que. The program is designed to outline and confirm ore r…
COATS Trading Features (November 30, 1987)
Long suffering Carolin Mines shareholders saw some volume this week as 177,000 shares traded hands. The issue was unchanged at $1.70 after hitting a high of $1.80. Carolin owns a low grade gold deposi…
Metal Prices (November 23, 1987)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Nov. 17 Nov. 16 Nov. 13 Nov. 12 Nov. 11 Copper 1412-1413 1450-1460 N/A 1355-1365 1465-1…
EDITORIAL Curragh’s zinc mine a triumph for the North
The success of Curragh Resources’ rejuvenated zinc-lead mine is a triumph of many dimensions. It testifies to Clifford Frame’s tenacious ambition, it bolsters Canada’s position as a mineral producing …
Cathedral finds new zone
After some advanced gold projects held by Imperial Metals were spun out into a new company called Cathedral Gold Corp., the new company promised to begin work on some major programs. Nearly three mont…
Hemlo Gold and Central amalgamate gold claims
An exploration program being carried out by Noranda Exploration Co. on Central Crude’s 118 gold claims in the Mishibishu Lake area of northwestern Ontario, will be extended to include the adjoining 16…
Editorial Let’s get Tut’s gold
Unabashed gold bugs that we are, we’d like to see a piece of King Tut’s gold treasure fall into Canadian hands. Is there a private collector out there with (probably), several hundred thousand dollars…
SMDC gets results at Fork Lakes
Initial drill results from the Fork Lakes gold property suggest that gold mineralization extends to a depth of at least 60 m, operator Saskatchewan Mining Development Corp., says. Located north of La …
Marker, Varna begin $2.5 m drill program (November 23, 1987)
Marker Resources and partner Varna Resources have started a $2.5- million diamond drilling program on projects in Newfoundland and Manitoba. Varna and Marker plan to amalgamate shortly. In Newfoundlan…