Vancouver Stock Exchange Gold stock demand
What can only be described as an insatiable demand for gold stocks continues to bolster the Vancouver market. Despite some negative signs on the horizon, the market’s fundamentals are still pretty goo…
1987
White-Guyatt set to drill
Satisfied with the results of its phase one exploration program on its Munro Twp. property north of Kirkland Lake, Ont., White-Guyatt Mining says it will proceed with phase two of the program which in…
PRODUCER PRICES (October 05, 1987)
ALUMINUM: MW U.S. Market 82.50 cents -85.00 cents per lb. (Sept 24,1987). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Sept 3, 1987). BISMUTH: New York dealer $4.75-$4.90 per lb. (Sept 17, 1987). C…
Drilling starts at Monique bet, Monicor reports
An exploration program is under way on the Monique property, located about 26 km east of Val d’Or, Que., which will continue until January, Monicor Exploration reports. Analyses of two drill holes hav…
St Genevieve intends to sink shaft on Fourax gold property
A total of $6 million has been set aside by St. Genevieve Resources to sink an exploration shaft and do lateral exploration work on the company’s 12-claim Fourax property in Fourniere twp., near Malar…
Westfield Minerals has 35% interest in Chilean heap leach mine
Toronto-based Westfield Minerals, is expanding its exploration and mining activities to include a 35% interest in a large Chilean heap leach mine. Nearly four months after negotiations were first anno…
FUTURES PRICES (October 05, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct. — — 81.40 — Dec. 81.50 80.90 81.15 + 0.95 Mar. 80.00 …
Busy Golden Rule to drill Dubuisson/Blindman bets
One of Alberta’s busiest exploration companies, Golden Rule Resources, has started drilling at two properties in Saskatchewan and Quebec. The Calgary-based company has over 33 exploration joint ventur…
QUERIES Maybrun Mines report, yet to be published
In the Feb 22/87 issue of The Northern Miner, you indicated that Consolidated Maybrun Mines may issue an annual report and start trading again. However, nearly six months later I still haven’t heard a…
Editorial Gold fever rages around the world
Gold fever, with the price of the yellow metal persisting at a relatively high level, is catching on these days pretty well all over the world. Just in the last few weeks, reports of a gold rush hav…
People (October 05, 1987)
Moneta Porcupine Mines — Dennis MacLeod has been appointed to the board of directors.
Revival of old gold mine studied by Chevron, B.Y.G.
Abruptly closed in 1969, the old Mount Nansen gold mine is now being looked at seriously by Chevron Canada and Vancouver-based B.Y.G Resources. From a distance it still looks like an operating mine an…