Report from Calgary Looking ahead to a good ’88
With Christmas and New Year’s behind us, it is time to look at the exploration events of 1987 and to prophesy how they will continue in ’88. The Alberta Stock Exchange in Calgary boomed along with no …
1988
Soquem seeks interest in titanium property
Soquem, the Quebec Crown corporation, has entered into a joint venture agreement with FinNeth Exploration, a wholly-owned subsidiary of Outokumpu Mines and Billiton Metals, on a titanium property in Q…
New York gold show aimed at the investor (January 11, 1988)
With the pall of Black Monday still hanging over world stock markets, more professional and private investors are taking a close look at gold as an investment which has remained stable, yet still offe…
Queries Rayrock drills Rembrandt’s Bellevista
My mother had 1,000 shares of Rembrandt Gold Mines (formerly 5,000 New Taku Mines) certificates dated Nov 10, 1981. While Rembrandt was apparently delisted and written off as having no value, the is…
Galactic releases new Ivanhoe results
Vancouver-based Galactic Resources and partner Cornucopia Resources have released some new drill results from the Ivanhoe joint venture gold property at Carlin, Nev. Galactic Chairman Robert Friedland…
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…