Aster merger
Shareholders of Aster Exploration (ME) and Eastmin Explorations have approved a merger of the two companies. Name of the new corporation is Aster Exploration. The share exchange ratio will be two East…
News
More drilling Chance ground
Further exploratory drilling will be carried out on the Kidd Twp. properties of Chance Mining and Exploration Co. (COATS) in the Timmins area this year, President M. Zurowski states in the annual repo…
PDAC seeks gov’t action on Toronto regional office
The Prospectors and Developers Association of Canada (PDAC) is expressing concern over the potential deterioration of services provided by the Ontario Ministry of Northern Development and Mines to the…
More gold reported on Skylark claims
Vancouver-based Skylark Resources (VSE) has encountered some more gold showings during sampling at its Finlay River project in British Columbia’s Toodoggone gold camp. The Finlay River project is part…
GOmni results from Kuhn zone show impressive gold values
A sub-level drifting program in the Kuhn zone at Omni Resources’ (VSE) Skukum Creek project 30 miles south of Whitehorse has yielded some impressive gold values. The company notes that drifting along …
D’Or Val/Perron amalgamation gets board approval
The boards of directors of two Hughes-Lang firms, D’Or Val Mines (TSE) and Perron Gold Mines (ME), have approved a plan of amalgamation for the companies. Name of the new corporate entity has not been…
Placer Dome terminating Claude option agreement
Placer Dome Inc. (TSE) has terminated its option agreement with Claude Resources (TSE) which saw the former company spend $8 million on Claude’s Seabee gold project. Located northeast of La Ronge, Sas…
Borealis ends fiscal year with $16 million in bank
Still without an ounce of mineral production to its credit, Arctic explorer Borealis Explorations completed its financial year with over $16 million in cash and securities. Deferred exploratory and de…
Placer Pacific gets Australian prospect
In a package deal that involves two separate agreements, Placer Pacific, a subsidiary of Placer Dome (TSE), has acquired a potential gold producer in Western Australia and a number of other properties…
Parquet seeking project partner
Joint venture proposals are being reviewed by Parquet Resources (TSE) for exploration work at its Courville Twp. gold property near Val d’Or, Que. President William Plexman says funds are being sought…
COATS Trading Features (July 11, 1988)
A holiday shortened week took its toll on COATS-listed issues. Newfield Mines continued firm at $5 on volume of 5,600 shares. The company will be merged with TSE- listed issues Jonpol Explorations and…
Lac Moves on Jonpol project
Trucking of ore from a Garrison Twp., Ont., property to the Macassa mill in Kirkland Lake will be considered by Lac Minerals (TSE), a Lac spokesman tells The Northern Miner. The operation is contingen…