Correction (January 11, 1988)
Drilling commissioned by Tamavack Resources and International Maple Leaf Resource Corp. on a Moss Twp. property in northwestern Ontario intersected 4.9 ft assaying 1.6 oz gold per ton. Incorrect core …
1988
Goldpost leases Idaho gold bet
A well-financed tse listing which is currently developing a gold deposit in Ontario’s Hislop area, Goldpost Resources has now acquired a long-term lease on a former gold producing property in Idaho. T…
Galactic acquires control of All-North
Galactic Resources Chairman Robert Friedland says his company has acquired of 68.45% interest in All-North Resources in exchange for 96.04% interest in Galactic’s subsidiary Hudson-Yukon Mining Co. Fr…
Alberta Stock Exchange Ontex still appealing
While other Alberta-listed exploration companies remain stranded in the $1 to $5 range, Borealis Exploration of Calgary cruised along last year at around $20. Without so much as an oz of production, t…
Queries Trans Columbia shares appear worthless
As a member of an investment group which owns shares in Consolidated Trans Columbia Industries Ltd., I would like to know what has happened to this formerly Vancouver-listed company. A couple of yea…
Vista gets flow-through
A $3.2-million flow-through financing has been completed by Vista Mines which will fund exploration work on the company’s Bootleg Lake property near Flin Flon, Man. A decline ramp on the Rio gold depo…
Canadians close in on $7-million gem collection
O A Montreal doctor has scored what may be regarded in mineralogy circles as one of this century’s major coups. After obtaining an option to buy one of the world’s finest privately-owned mineral colle…
FUTURES PRICES (January 11, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 140.00 130.50 140.00 + 3.65 Mar 123.00 117.30 122.90 — 0.10 May …
Grew Creek tops Noranda’s list
Described by some as the most significant gold find in the Yukon in many years, the Grew Creek discovery of Noranda Exploration and Golden Nevada Resources appears to be getting bigger. The latest res…
Golden Zone results (January 11, 1988)
Two drill results reported in the Dec 28 issue from Golden Zone Development’s gold-silver prospect in Alaska were incorrect. Hole 20C intersected 59 ft of 0.172 oz gold per ton (not 49 ft as reported)…
Open pit operation Cal Graphite prepares for production
Work is gearing up at Cal Graphite Corp.’s Graphite Lake property near Huntsville, Ont., with production scheduled to begin late in October. About one-third of the mining and milling equipment has bee…
Armistice sells Canreos 50% of Riggs Twp. bet
A 50% interest in two properties totalling 55 claims located west of Missanabie in northern Ontario has been acquired by Canreos Minerals (1980) of Toronto from Armistice Resources of Toronto for $200…