People (June 13, 1988)
Roddy Resources — Steven W. Harapiak appointed president and chief executive officer succeeding Jack E. Lovelock who has resigned but continues as a director.
1988
Lower quarterly profit reported by Louvem
A gross profit of $108,000 and a net profit of $65,000 were recorded by Louvem Mines (TSE) during the first quarter of this year, compared with a gross profit of $1.5 million and a net profit of $322,…
Huntington shakes VSE
What has been described as a “barn burner” of a drill hole yielded spectacular gold values at Huntington Resources’ (VSE) Brett property west of Vernon, B.C. The intersection that may have jolted th…
Gallant drill work returns low values
A two-stage diamond-drill program has been completed on the property of Gallant Gold Mines (ME), a Hughes-Lang company, in Villebon and Freville twps. in northwestern Quebec. In stage one, six drill h…
Vancouver Stock Exchange Hot hole boosts Huntington issue
What can only be described as a “barn burner” of a drill hole boosted the share price of Huntington Resources by $3.95 when it reopened this morning after a three-day trading halt. Weighing in at 2.0…
Camrico likely to reopen Goldlund mill at Sioux
Based on some highly encouraging recent drill findings, coupled with the results of the past year’s extensive drill program, Camreco Inc. (TSE) is giving serious consideration to re-opening the Goldlu…
Small mine raises big hopes for northern Sask.
Joan Duncan, the new Minister of Northern Affairs, is no stranger to the healing power of gold. As a pharmacist in Maple Creek, Sask., Duncan prepared gold compounds as a treatment for arthritis. And …
Neil de Gelder ushering in new securities era for VSE
Keeping his finger on the policy-making pulse of North America’s leading venture capital market, British Columbia’s superintendent of brokers, Neil de Gelder, is exceedingly bullish about the future o…
Australian conference draws 1,300
The conference Bicentennial Gold 88 held in Melbourne, Australia, May 14-19 brought together some 1,300 geologists, geochemists and geophysicists from 40 countries and a strong delegation from nine Ca…
San Paulo share sale
Subject to a July 15 closing, San Paulo Explorations (ASE) has entered into an agreement to sell, on a private basis, one million shares in the capital stock of the company at $1 per share with warran…
Lamaque reserves increasing Tundra Gold and Teck say
Partners Tundra Gold Mines (VSE) and Teck Corp. (TSE) continue to receive encouraging results from drilling on the No 4 plug near the former producing Lamaque gold mine at Val d’Or, Que. Tundra, which…
La Ronge area to attract $65m. spending in 1988
A 6-year exploration boom in the La Ronge area of northern Saskatchewan, has opened up a new gold mining camp. According to Claude Resources (TSE), one of the major players here, $65 million will be s…