Kootenay King starts work at Erie Creek
Preliminary exploration work has started at Kootenay King Resources’ Erie Creek gold prospect near Salmo, B.C. The company completed part of a $37,000 Stage 1 program, consisting of line cutting and g…
1988
Ark La Tex explores N.W.T. Sunset Lk. bet
Good drill results from a neighboring claim has moved Ark La Tex to take another look at its Sunset Lake prospect, located 70 miles east- northeast of Yellowknife. Ark La Tex has an option to earn 60%…
Queries Arctic land holding makes Borealis Exploration worth
Borealis Exploration owns a substantial interest in both Noble Peak Resources and Faraway Gold Mines. Much has been happening with Borealis, although it appears to never receive any mention in your ne…
Pacific and Canamax drill high grade holes at Ketza
Drilling by partners Canamax Resources and Pacific Trans-Ocean Resources on their equally held Ketza River property in the Yukon, has encountered high-grade mineralization from an oxidized unit in the…
Terramar buys California company that owns a former gold producer
Terramar Resource Corp. has agreed to purchase Mount Gaines Resources, a California company whose principal asset is the old Mount Gains gold mine in California. Between 1853 and 1949, the mine produc…
Frankfield to drill at Pickle Lake bet
Diamond drilling is expected to get under way this month on the recently acquired gold property of Frankfield Explorations in the Pickle Lake area of northwestern Ontario, President O. F. Carter tells…
McChip/Noranda venture showed good results
Under the terms of the joint venture agreement between McChip Resources and Noranda Exploration, a successful exploration program costing approximately $400,000 was carried out during the latter part …
Weaco Res. funds Esso drill program
Eight drill targets have been outlined by a $200,000 geological, geochemical and geophysical program carried out by Esso Minerals Canada on the Aimee gold prospect near Flin Flon, Man. These targets a…
Gold’s constant purchasing power gives it special status worldwide
Just about a year ago an event of great significance in the world of gold took place: the United States Mint, for the first time in a generation, struck a legal tender gold coin — the new U.S. Eagle,…
United Gunn anticipates Cuisson Lake dividends
High demand and low inventories have sent copper prices flying and it isn’t just the big producers who are benefiting. The ripples are spreading and one busy trader of late, United Gunn Resources, exp…
Murgold offering raises $690,000
Recently listed for trading on the Toronto Stock Exchange (symbol mgd), Murgold Resources reports it has completed an offering yielding the company $690,000. Murgold, which also trades on the Vancouve…
COATS Trading Features (January 18, 1988)
Trading activity has improved on coats following the dismal performance recorded in November, 1987. During that month, the average daily value of shares traded fell to a record low of $1 million. Tota…