News

More Dome drilling on Melrose bet

A drilling program, overburden and diamond, is scheduled to be started after breakup on Melrose Resources’ Blackstock Twp., Ont. property by Dome Exploration. Dome says it intends to spend a further $…


Unigold drilling in Timmins area

An approximate 3,000 ft drilling program has been completed on serveral ip anomalies on the Penhorwood properties, west of Timmons, Ont., by Unigold Resources,. President J. Claude Bonhomme says that …


Drilling identifies gold-bearing pods

Five gold-bearing pods have been partly delimited by J.A.G. Mines at its Malartic property in northwestern Quebec, following drilling at 19 sites. The pods are contained in a structure 4,000 ft long a…



Esperanza Explor. plans major program at Tillicum

With $1 million in the treasury from a recent private placement, Esperanza Explorations will be mounting a major exploration and development program this spring at its Tillicum property in northeaster…


Alberta Stock Exchange Most issues sideways

Directionless trading appeared to be the order of the week on the Alberta Stock Exchange, as gold prices corrected modestly to the $445 (US) level. Unlike last week, the most active traders list faile…


Goldpost plans drill program

A high grade gold zone has been encountered by Goldpost Resources in the crosscut which has been driven through the Gibson west zone in the Hislop west property in northeastern Ontario. Both walls of …


Books Mine design in high-stress rock

A. A. Balkema Publishers of the Netherlands has published the proceedings of the 9th Plenary Scientific Session of the International Bureau of Strata Mechanics, held in Varna, Bulgaria, June 18-21, 19…


Report from Calgary More exploration for Chu Chua

Exploration will continue on the Chu Chua copper property, north of Kamloops, B.C., during 1987. Under an agreement Corporation Falconbridge Copper has an option on the property from Pacific Cassiar a…


Aluminum talk

An aluminum symposium hosted by Metals Week is scheduled for Oct 19 and 20 in Zurich, Switzerland. Titled “Structural Change: Who Will Benefit?,” the symposium will offer insights on the changing role…


Investment Comment Lots of upside to Muscocho

A rapidly emerging Canadian mining finance house is how Michael Villeneau of the investment firm of Morgan Grenfell describes Toronto-listed Muscocho Explorations. An established gold and silver produ…


Canadians find gold on Aruba (See Box)

Gold mining in Canada was never, ever like this — on a beautiful island with nearby clean white sand beaches stretching for miles and washed by warm, crystal clear aqua-blue water. About 20 miles lon…


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