News


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…



News in Brief (June 13, 1988)

Stratabound Minerals Corp. (VSE) has signed a letter of intent with Sofomines 1988 and Co. Ltd. Partnership of Montreal whereby the company will receive up to $500,000 in exploration funds in exchange…


Tyler/Stockmen share exchange

Stockmen Minerals (ASDE) has entered into a share exchange agreement with Tyler Resources Inc. (TSE) whereby Tyler will become the majority shareholder of Stockmen. Diamond drilling has commenced on t…



La Ronge area to attract $65m. spending in 1988

A 6-year exploration boom in the La Ronge area of northern Saskatchewan, has opened up a new gold mining camp. According to Claude Resources (TSE), one of the major players here, $65 million will be s…


Re-opening of Glodlund possible in Camreco study

Significant drill results reported by Camreco Inc. (TSE) at its northwestern Ontario gold claims have led to preliminary feasibility studies which will look at the possibility of re-opening of the gol…


U.S. coal-miner Nerco moves solidly into gold

Choosing between tenure at the University of Alaska or forming his own exploration company, Lawrence Heiner opted out of academia in 1970 and created Resource Associates of Alaska. He hasn’t looked ba…


New Freewest claims

Twenty-five claims in Benoit Twp. in northwestern Quebec have been acquired from Louis-Paul Dionne, Freewest Resources (ME) reports. The company also says it has entered into an option agreement with …


Exploration the only answer to dwindling reserves

From a speech by Norman B. Keevil, Jr., president and chief executive officer of Teck Corporation, at the 1988 Mineral Outlook Conference in Ottawa. The biggest challenge facing Canada’s mining indust…


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