1987

Cons. Professor feasibility expected by early 1988

A feasibility study is being prepared by Wright Engineers for Consolidated Professor Mines’s Duport gold project. Located at Shoal Lake, west of Kenora, Ont., the Duport property hosts a geological re…



Canreos acquires option to buy Melba mine property

The old Melba gold mine near Kirkland Lake, Ont., is being bought by Canreos Minerals (1980) under an option agreement from Nordex Explosives for an aggregate price of $750,000. Canreos President Koos…


Pamour and St. Joe deals signal Australian invasion

Nearly four years after Prime Minister Brian Mulroney declared that Canada was open for business, Australian mining companies have been answering the clarion call with an unprecedented wave of investm…


Tandem pushing four projects

One of the more active junior issues on the Canadian mining scene today, Tandem Resources is still spreading its wings. In excellent financial shape (cash and marketable securities approaching $10 mil…


Montreal Exchange Stabell riding high

Trading activity remained high this holiday-shortened week on the Montreal Exchange but the trend was downwards, with both the market portfolio and mining and minerals index losing ground. Stories of …



Audrey finds showing near Belleterre mine

Three wide quartz veins have been discovered in a stripping program on the Belleterre property near Temiscamingue Lake, Que. The work, being carried out by Audrey Resources as operator of joint ventur…


Mobrun mine, a triumph for Audrey president

In a region where Falconbridge and Noranda are the established producers, a relative unknown named Audrey Resources is about to make its presence felt with announcements on two key properties. During …


Duration expands dewatering at Theresa

Initial results from an underground program at the Theresa mine project near Geraldton, Ont., are encouraging, Duration Mines president David Rogers says. Duration and Locator Explorations are equal p…


Obituary Alex Samson

Alex Samson, former treasurer and a director of Campbell Chibougamau Mines (now Campbell Resources) has died in Peterboro, Ont., at age 80. Mr Samson, who was with Campbell Chibougamau from 1950 to 19…


Letters to the Editor Reader called it right

Your editorial South African Strike in the Aug 17 issue suggests the possibility “that gold could soar even further on international markets as a result of a prolonged South African strike.” While thi…


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