1987



Atlanta drilling completed in Idaho

A major drill program has been completed on a property held by Atlanta Gold in Idaho. The work involved 14,046 ft of reverse circulation drilling and 3,045 ft of diamond drilling which was designed to…


Bow Valley rejects plan to purchase Getty shares

All deals are off, Calgary-based Bow Valley Industries says of its plans to buy a stake in Getty Resources. Earlier this month Bow Valley entered into share option agreements with four shareholders of…


Uranium supply in Canada rises to 576,000 tonnes

Total known uranium supply (measured, indicated and inferred) in Canada at the end of 1986 was estimated to be 576,000 tonnes, the ministry of energy, mines and resources reports. That total is up fro…


Franco-Nevada subsidiary starts trading on TSE

Franco Nevada Mining has filed a final prospectus in connection with its plan to spin out to its existing shareholders a sister company called Euro-Nevada Mining. Under the terms of the prospectus, Fr…


Golden Terrace has two drills set for program

Two drill rigs have been mobilized to carry out 30,000 ft of diamond drilling in stage 2 work on the gold project of Golden Terrace Resources at Richardson Lake, some 70 miles east of Red Lake, Ont. T…



Golden Zone

About 6,400 ft of drilling has been completed on a 54-claim property held by Golden Zone Developments in Alaska. Of the 18 holes drilled, 13 were in the Golden breccia pipe and five holes tested veins…


Ferris, associates selling shares in Kewagama Gold

A deal has been struck by A. N. Ferris, president of Kewagama Gold Mines and related parties, whereby they will sell to a numbered company, 731559 Ontario Ltd., 1.4 million shares (representing more t…




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