1988

Canadian, U.S. mining share goal

From a speech by federal mines minister Gerald Merrithew at the 1988 Minerals Policy Outlook Conference. The mining industries in Canada and the United States have many similarities. Both industries p…


Freeport options Texada property

The gold potential on Texada Island, 50 miles northwest of Vancouver, has attracted Freeport-McMoRan Gold (NYSE) which recently optioned property from Vananda Gold (VSE). The option agreement involves…



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.


Continental Gold to drill shear zones at Trophy bet

Crews have been mobilized and drilling is expected to begin in July at Continental Gold Corp.’s (VSE) Trophy property in northwestern B.C. The $2-million exploration program will follow up a successfu…


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…


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 …




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…


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