New exploration records for Newfoundland in ’87
Mineral exploration activity in Newfoundland during 1987 will very likely set new records for (a) claim staking, (b) the number of claims held in good standing, (c) total exploration expenditures and …
News
Cominco, Platinova outlining wollastonite
Work by Cominco Ltd. on a wollastonite property near Tweed, Ont., has identified a zone striking for 1,000 m. Partner Platinova Resources says that the zone could host several million tons of the indu…
COATS Trading Features (November 16, 1987)
Mirado Nickel Mines, which holds a royalty interest in a gold play near Kirkland Lake, Ont., was steady at 18 cents -20 cents . Unfortunately, no royalties will likely be coming. The mine was shut dow…
T&H using two drills (November 16, 1987)
T&H Resources is busy with two drill rigs on its Garrison Twp., Ont., gold prospect. The work is testing sections of an easterly striking zone which has only been examined to a depth of 200 ft. The cu…
Vancouver Stock Exchange No “slaughterhouse” for Destiny
These are certainly trying times for investors not only in Vancouver but on the big boards in New York and Toronto. It’s been a no win situation for just about everybody. Bargain hunters seeking quick…
Royex boosts Lacana interest to about 44%
A recent subscription for 17,136 flow-through shares of Lacana Mining has increased Royex Gold Mining’s interest in that company to about 44% of the outstanding capital of Lacana. Royex now owns about…
Acadia sees increases in N.S. gold bet tonnage
The gold-bearing structure on the Mooseland property, 75 miles northeast of Halifax, N.S. has been extended and the potential for extending it even further is still very great. Drilling by Toronto-lis…
High grade results send Tenajon under]]
Vancouver-listed Tenajon Silver Corp. is going underground on the sb property, located 25 km northwest of Stewart, B.C., just south of Westmin Resource’s Big Missouri property. The decision is based o…
Kam-Kotia earnings
Toronto-based Kam-Kotia Mines reports income for the first nine months of this year of $904,000 (8 cents per share) compared with $305,000 (1 cents per share) for the same period in 1986. Increased …
Golden Star adds to portfolio in Guyana
Edmonton-based Golden Star Resources has increased its exposure to gold exploration in Guyana by signing mineral agreements for three permissions with the Guyanese government. According to Golden Star…
Queries Chetwynd active near Hope Brook mine
Please provide me with some information on Chetwynd Resources and Glen Roy Resources. Although they appear to be active, I haven’t read anything about the these two Toronto companies recently. P. K. S…
Atlas Yellowknife private placement
Shareholder approval has been received for a private placement of shares by Atlas Yellowknife Resources to Channel Resources. Channel will take down 15 million Atlas shares at 15 cents per share and …