EXPLORATION ’87 LOUVEM MINES
During 1986 Louvem Mines’ total land position doubled to 50,000 acres, mostly by staking in the Casa Berardi area. This year Louvem intends to do most of its exploration and development work on three …
News
Grades improve at Bachelor Lake
Operating improvements at Bachelor Lake Gold Mines facility near Demaraisville, Que., which first surfaced in the third quarter of 1986, have continued into the fourth quarter. For the 3-month period …
ON THE MOVE N. Morissette Canada
Romeo Brouillette has been appointed vice-president of N. Morissette Canada. Brouillette has experience in all phases of contract diamond drilling throughout Canada. He will continue as manager of th…
CROSS CUTS STAR WARS
Physicists north and south of the border are wondering who will produce the most significant experiment in the next decade in their field of science. Physicists in the U.S. are debating where to build…
EXPLORATION ’87 BP-SELCO
Selco, the mining and minerals division of bp Canada, maintains an aggressive grassroots exploration program across Canada. Under the direction of Dr Christopher Jennings, vice-president exploration a…
EXPLORATION ’87 ESSO
In 1987 Esso Minerals Canada will spend about $7.5 million on gold and polymetallic massive sulphide exploration throughout Canada. Roughly 70% will be spent in Ontario, Quebec and the Atlantic region…
Millstream Mines
Millstream Mines says it expects to start a preliminary exploration program early this year on 200 unpatented mining claims located in the Oba region of Ontario. The company has a 100% interest in the…
Pronto raises exploration funds
Toronto-listed Pronto Explorations has entered into an agreement for a private placement of $1.4 million of flow-through shares of the company’s common shares. The proceeds will be directed to the com…
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…
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…