News


Franco-Nevada subsidiary starts trading on TSE

Franco Nevada Mining has filed a final prospectus in connection with its plan to spin out to its existing shareholders a sister company called Euro-Nevada Mining. Under the terms of the prospectus, Fr…


Quinteko raises funds for work at McWatters

Two exploration financing agreements totalling about $1 million have been entered into by Quinteko Resources. The proceeds will be used to help fund the company’s 25% interest in the gold exploration …



Correction Fleck Resources

In our Oct 5 edition, it was reported that Fleck Resources can earn a 55% interest in Coventry Ventures’ Bedivere Lake platinum poject near Thunder Bay, by spending $1 million on exploration before Oc…


Golden Terrace has two drills set for program

Two drill rigs have been mobilized to carry out 30,000 ft of diamond drilling in stage 2 work on the gold project of Golden Terrace Resources at Richardson Lake, some 70 miles east of Red Lake, Ont. T…



Golden Zone

About 6,400 ft of drilling has been completed on a 54-claim property held by Golden Zone Developments in Alaska. Of the 18 holes drilled, 13 were in the Golden breccia pipe and five holes tested veins…



Alberta Stock Exchange Jascan big draw

While a drop in gold bullion prices has forced Canadian gold issues to swallow some temporary losses, Alberta investors appear to be betting on the price of silver. That appears to explain why Jascan …


Stock dividends (October 19, 1987)

Associated Porcupine Mines has declared a stock dividend of one common share of Tanager Resources (formerly 716206 Ontario Ltd., a wholly-owned subsidiary of Associated Porcupine Mines, for each commo…



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