A major underground program is scheduled early next year at Abermin Corp.’s Lara property on Vancouver Island. The decline will explore the high grade Coronation zone “prior to final feasibility and a…
The largest recipient of flow-through dollars from First Exploration Fund 1987 is the Nexus Group which includes Nexus Resource Corp., Angle Resources and Reward Resources. The companies have signed u…
Development of a gold prospect in Brazil which is expected to yield about 3.7 million g (120,000 oz) gold per year and in which two affiliates of Inco Gold are partners, is under way. Capital cost of …
ALUMINUM: MW U.S. Market 84.50 cents -87.00 cents per lb. (Oct 8, 1987). ANTIMONY: New York dealer $1.10-$1.16 per lb. (Oct 8, 1987). BISMUTH: New York dealer $4.75-$4.90 per lb. (Sept 17, 1987). CADM…
Toronto-based Platinova Resources has received some encouraging news from its wollastonite project at Marmora Twp., 100 km northwest of Kingston, Ont. According to Platinova, joint- venture partner Co…
Joutel Resources, a Toronto- based junior exploration company, has started proceedings towards a listing on the Paris Bourse, one of Europe’s leading stock exchanges. Officers of the company are in Pa…
Oct. 20 Oct. 19 Oct. 16 Oct. 15 Oct. 14 Gold London Bullion Dealers afternoon (morning) $US per oz. 464.30(481.60) 481.00(479.50) 465.25(464.25) 466.60(461.75) 460.80(459.45) Gold Bank of Nova Scotia…
Grandview Resources is considering the sale of its Carson Hill gold mine in California. Investment banking firm Bear, Stearns & Co. is providing financial advisory services for the possible sale. Seve…
A gold loan will be used by International Corona Resources to repay its share of the financing of the David Bell mine in the Hemlo area of northern Ontario. The company reports a wholly- owned subsidi…
A high grade silver discovery has been made 55 miles north of Hope, B.C., by Huldra Silver. Diamond drilling has proven to be unreliable in delineating the extent and grade of the discovery which typi…
Further drill results on Falconbridge Ltd.’s so-far impressive new base and precious metals discovery near Sudbury, Ont., should be available “within three weeks,” according to M. J. Knuckey, vice-pre…
Exall Resources — Stephen G. Roman appointed president, succeeding Murray Axmith who is retiring but remains a director and advisor.
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