EXPLORATION ’87 GETTY
Formed in mid-1986 from the subsidiaries of Getty Oil Co., Toronto- listed Getty Resources appears to have a bright future. Richard Atkinson, who successfully led a group of private investors in the p…
News
Over $11 million to be raised for Golden Triangle
Golden Triangle Mining Exploration says it has an agreement with Golden Day Explorations and Co., Ltd. Partnership, for the latter to provide Golden Triangle with up to $11,305,000. Golden Triangle wi…
Raleigh subsidiary starts production
An Australian subsidiary of Raleigh Energy has commenced mining operations at its Blockade property in the Mount Isa region of Queensland. Powder Metals Australia, the subsidiary, raised $6.5 million(…
Big plan for Golden Pond West
A $23.7-million 2-phase underground exploration program is scheduled to start in early spring — if not sooner — on the Golden Pond West zone, of the Casa Berardi property held in joint venture by pa…
CanAmerica seeking B.C. gold interest
CanAmerica Precious Metals says it has an option-joint venture agreement with Golden Rule Resources under which CanAmerica can acquire a 50% interest in Golden Rule’s Eldorado Mountain property in sou…
SMDC and partners to drill Jojay bet
A $450,000 exploration program will be carried out on the Jojay joint venture project located north of La Ronge, Sask. Partners, the Saskatchewan Mining Development Corp. (51%), Claude Resources (34%)…
Record gold production a Northgate tradition
In what seems to have become a tradition, Northgate Exploration has ended the year by setting yet another record for gold production. Output from the company’s two Chibougamau, Que., gold-copper mines…
Gunnar options claims from Honcho, Baden
Gunnar Gold has optioned 30 claims controlled by Honcho Gold Mines and Baden Explorations. The claims are located in Orvilliers and Montgolfier twps., in the Casa Berardi area of northwestern Quebec. …
Silverside finds high-grade veins
Twin parallel high-grade veins composed of plate and dendritic native silver have been discovered by Silverside Resources on its Cobalt property in northeastern Ontario. One of the veins is estimated …
Toronto Stock Exchange Casa Berardi remains a bright spot on the
Investors have greeted budget day with a quiet “so what?” as the composite inched forward a scant 0.14 pt today to close the week at 3,560.03. This is in stark contrast to what was happening earlier t…
Gold and graphite keep Glenvet active in New Brunswick
A 22-hole diamond drill program totalling 6,750 ft has been completed on the Golden Grove flake graphite deposit located northeast of Saint John, N.B., by Vancouver- listed Glenvet Resources. The dril…
Fourth quarter offsets losses for Equity Silver
With revenues totalling some $63.7 million, Equity Silver Mines managed to post a modest profit of $22,000 last year, compared to $230,000 in 1985. Fourth-quarter earnings of $605,000 offset losses in…