Fleck Resources signs Marathon property deal
Vancouver-based Fleck Resources recently agreed to participate in a number of Ireland and Canada-based joint ventures which could add to its reserves of gold and platinum. In the first of three agreem…
News
NovaGold raises $2.75 million for work on N.S. gold property
Another gold exploration company in Nova Scotia appears to be headed for an underground exploration program. Soon-to-be-listed (on the tse) NovaGold Resources Inc. says a $6.6-million program is recom…
Dickenson strilers resume contract talks
Negotiations between representatives of Toronto-based Dickenson Mines’ and striking employees at the company’s Red Lake, Ont., gold mine have resumed. After rejecting a revised company offer of a thre…
COATS Trading Features (June 22, 1987)
No real performers stood out on the coats system this week. Edda Resources, which is getting into platinum exploration via a private affiliate, was steady at 75 cents . The private company has acquire…
Star Lake raises hopes for Saskatchewan gold
Some of Saskatchewan’s top mining representatives were out in force recently to celebrate the official opening of the province’s first gold mine in nearly 50 years. Saskatchewan hasn’t had a producer …
Polymetallic discovery in B.C. fires industry’s imagination
At long last polymetallics are getting some respect — even if the primary metal credit is silver. Indeed, the massive sulphide discovery by Minnova Inc. (N.M.June 8, 1987) on the Adams Lake property …
Goldteck to spend $2.7 million to explore old Stairs property
Toronto based Goldteck Mines Ltd. has filed a preliminary prospectus for an offering of flow- through and common shares to raise approximately $5.4 million for exploration on three properties, includi…
PDA field trip in New Brunswick
The New Brunswick Prospectors and Developers Association plans a field trip June 19 and 20 to gold and tin discoveries and gold-bearing alteration zones in the Saint George Batholith area of the provi…
Torene defines zone at Harrigan Cove, N.S.
Drilling on a former producing property at Harrigan Cove, N.S., by Torene Gold Exploration has indicated 100,000 tons in three zones grading 0.36 oz gold per ton. Average depth so far is 300 ft. Signi…
Beaver expands Kramer zone
Beaver Resources says a recent trenching program has extended the ore zone at its producing Kramer Hills heap leach property in California. The zone has been expanded to the south and east with a subs…
PRODUCER PRICES (June 15, 1987)
ALUMINUM: MW U.S. Market 70.00 cents -72.50 cents per lb. (May 28, 1987). ANTIMONY: New York dealer $1.18-$1.23 per lb. (May 14, 1987). BISMUTH: New York dealer $3.30-$3.40 per lb. (May 28, 1987). CAD…
The VSE: Canada’s ‘mining venture exchange’
The Vancouver Stock Exchange in recent years has built an image of diversity, increasing the percentage of its junior industrial and high technology listings to almost 35%, even while it was significa…