News in Brief (November 30, 1987)
Concept Resources has changed its name to Skyline Natural Resources Ltd. (sku:ase) on the basis of 1 new Class A share for 1 common share. .N ** News in Brief ** Lansdowne Oi…
News
No blue chip market planned for VSE, Hudson tells forum
Given the recent market crash, you would think investing in securities would be the last thing on anybody’s mind. But the 1987 International Investors Forum held in Vancouver recently suggests otherwi…
EDITORIAL Quintette: a question of confidence
Perhaps Quintette Coal is indulging in a bit of mid-negotiation posturing when it says it may have to close its northeastern British Columbia coal mine unless it can resolve differences with its partn…
Springlake option in B.C.
Springlake Resources has acquired a 50% interest in a property in the Revelstoke area of B.C. The interest was sold by Albury Resources. Located in the Camborne mining camp, the area produced 17,487 o…
Peter Island, Sholia in option agreement
Peter Island Resources has entered into an option agreement with Shoilia Resources whereby Sholia may earn a 51% interest in Peter Island’s 42 claims located at the Tabor Lake area in Ontario’s Kenora…
Meet technological, marketing challenges head on, U.S. mining
** advised ** Changes in production and use patterns around the world are causing profound changes in the U.S. mining industry which, by consolidating its efforts, should rid itself of obsolete plants…
St. Genevieve funding (November 30, 1987)
St. Genevieve Resources and Societe en Commandite Sofimines 1987 have entered into an agreement whereby Sofimines will contribute $326,400 towards the former’s exploration programs in exchange for 65,…
Fairfield/Getty program yields impressive results
An impressive-looking zinc discovery has been made west of Watson Lake, Yukon, by Fairfield Minerals and Getty Resources. Only a portion of the structure hosting the deposit has been tested and geolog…
Underground plans on schedule for producing Audrey Resources
The recent rise in copper prices couldn’t have come at a better time for Audrey Resources, which recently started producing underground at its Mobrun polymetallic mine in northwestern Quebec. The comp…
Beaufield, Falco cut strong sections
Encouraging drill results are coming from a broad 2,460-ft long strongly altered zone on the Lac Rouleau property, partners Falconbridge Ltd. (51%) and Beaufield Resources (49%) say. The claims are pa…
Faraway slates further drilling on B.C. claims
Additional drilling is slated in l988 on Faraway Gold Mines’ Sam claim group near Equity Silver’s mine southeast of Houston, B.C. Preliminary results from a $500,000 program carried out this year, in…
By ’91 Barrick could produce a million oz from North America
American Barrick Resources could be the first Canadian mining company to top one million oz in annual production with its output coming solely from North America, says a report by Merrill Lynch mining…