McIntyre loss after coal disposal
McIntyre Mines reports a 1986 net loss, after extraordinary items, of $34,323,000, or $9.42 per share, compared with a loss in the previous year of $26,255,000, or $7.23 per share. The extraordinary i…
News
Big gainers
And how are your favorite stocks doing? A recent issue of Messel’s Mining Weekly lists the share price performances of a number of international gold producers from the start of this year up to the fi…
Northgate encouraged on Dore Lake drilling
Very promising is the way the initial results are being described from the surface drilling program on Dore Lake in the Chibougamau camp of Quebec by Northgate Exploration. And for very good reason. “…
Hemisphere seeking an NWT interest
Hemisphere Development Corp. is looking to acquire an interest in ground adjoining the Getty- Noranda gold discovery in the Courageous Lake area of the Northwest Territories. The company says it has a…
Perrex planning big effort in Harker-Holloway area
Perrex Resources is planning a large exploration program in the Harker-Holloway area east of Matheson, Ont. The main thrust of the company’s efforts will be on a 191-claim property in Harker, Thackera…
Metal Prices Futures Prices N.Y. Mercantile Exchange (May 04, 1987)
Week’s High Low Close Change PLATINUM (in US$ per oz.) June 579.00 579.00 593.20 — July 610.00 583.00 594.20 — 3.40 Oct. 616.00 …
Aber encouraged at Russell Lake
Encouraging assay values have been received by Aber Resources from the company’s S.P. property near Russell Lake, N.W.T. Two holes in the main zone intersected multiple gold-bearing zones. Hole 36 cut…
Savanna drilling cuts sulphides, gold
In-fill drilling by Savanna Resources on the company’s Turner Albright massive sulpide deposit has cut wide sections of sulphide and gold mineralization. The property is located in Oregon. Hole 60 int…
Citadel results on Wawa drilling
A program of 87 surface and underground diamond drill holes totalling 25,117 ft has been completed by Citadel Gold Mines on its four Wawa, Ont. area properties. At the former producing Surluga gold mi…
Decline is completed at La Ronge Jolu bet
An underground decline has been completed at the Jolu property in the La Ronge area of Saskatchewan. Royex Gold Mining is operator for the joint venture which includes Canadian Premium Resource Corp. …
Information source on VSE companies
What must certainly represent the most comprehensive source of information on Vancouver Stock Exchange companies is now available from Mining Software Services (M.S.S.), of Delta, B.C. Titled the VSE-…
Malartic boasts healthy net income
Reporting a net income in 1986 of $1.9 million (54 cents per share) was Toronto-based Malartic Hygrade, with last year’s total up slightly from 1985. Cash flow from operations in 1986 increased approx…