Yellowjack options Lucky Boy claims
Yellowjack Resources has optioned the Lucky Boy property from Cominco Ltd. Located two km south of the H.B. mine near Salmo, B.C., the property covers showings of lead-zinc mineralization similar to t…
News
Asamera Minerals shows profit
The new mining arm of Asamera Inc., Asamera Minerals reports net profits from the start of operations on July 1 to Sept 30, of $1.1 million(US) on revenues of $6 million. Pro-forma results (which assu…
Camindex Mines awaits name change approval
While production has resumed at the Valdez Creek placer gold mine in Alaska, Camindex Mines is still waiting for regulatory authorities to approve the company’s decision to change its name. At a meeti…
News in Brief (December 21, 1987)
Carben Energy has changed its name to American Medical Technologies Inc. (amo:vse) on a share- for-share basis.
New zone uncovered by Rayrock, partners
A new zone has been discovered on the Bellavista section of gold- silver property in Costa Rica which Rayrock Yellowknife Resources, Midland Energy and Westlake Industries are exploring under an optio…
Metal Prices FUTURES PRICES N.Y. Commodity Exchange Week’s High
.00 — 7.50 ** May 715.00 684.00 686.90 — 7.30 ** ** GOLD (in US$ per oz.) ** ** Dec 494.20 480.00 482.70 — 0.08 ** ** Feb 499…
Homestead drilling early next year
Drilling is slated for early 1988 on Homestead Resources’ newly acquired Legacy gold prospect in the Rice Lake belt of Manitoba. Geological mapping, line cutting and geophysical work is being carried …
Noranda/Golden Nevada extend Grew Creek mineralized zone
Additional drilling has extended the large mineralized gold Noranda/Golden Nevada extand Grew Creek mineralized zone zon on the Grew Creek property of Noranda Exploration and Golden Nevada Resources….
Letters to the Editor Another vote for a Hall of Fame
As a son of a well-known prospector, I’m very concerned that we are losing a vital part of our mining heritage; our prospector. The prospector’s role in the industry today has changed dramatically sin…
Alberta Stock Exchange Beardmore issues up
In a week when Alberta volumes were generally low, three companies with properties in the Beardmore and Schreiber areas of northwestern Ontario, proved to be significant performers. They included San …
Vancouver Stock Exchange Investors standing on sideline
Without much liquidity in Vancouver it’s understandable why most investors are staying on the sidelines until the New Year. Also, gold and oil prices are proving to be quite volatile which has made re…
Obituaries (December 21, 1987)
Gordon Cameron, who was instrumental in forming a number of junior mining companies including Camflo Mines, has died at his home in Gatineau, Que. Cameron, who was born in the Cobalt-New Liskeard area…