News


Tap’s U.S. subsidiary in Golden Chest venture

British Columbia-based Tap Resources has entered a joint venture project at its Golden Chest project with Newmont Exploration, Golden Chest Inc. and Viking Resources. Due to B.C. tax laws which allow …


Kerr announces 9-month earnings of $17.9 million

Net income for the first nine months of the year was $17.9 million ($1.03 per share) compared with $2.3 million (13 cents per share) for the same period last year, Kerr Addison Mines reports. The com…


St. Genevieve earmarks $6 million to sink new shaft

A total of $6 million has been set aside by St Genevieve Resources to sink an exploration shaft and do lateral exploration work on the company’s 12-claim Fourax property in Fourniere Twp., near Malart…


Encouraging results released by Maufort

Encouraging results have been released by Maufort Resources from its Tiblemont gold property in northwestern Quebec. Geological surveys, trenching, channel sampling and drilling indicate five differen…





David Bell mine helps Teck boost annual earnings

Net earnings (unaudited) of $33.6 million (70 cents per share) on revenues of $203 million were recorded by Teck Corp. for the 1987 fiscal year ending Sept 30. Teck’s fourth-quarter earnings during th…


Alberta Stock Exchange Investors like Argus

It’s two weeks now since Argus Resources revealed its massive sulphide discovery near Contwoyto Lake in the Northwest Territories, but the Argus issue is still attracting considerable investor interes…


Queries Escrow shares are Goldbeam connection

I would like some information with regard to some shares I own in Goldbeam Mines Ltd. I want to know if the shares are still in good standing, where the mine property is located, and anything you can …


Barrick’s battle takes spotlight

It has been barely a month since the Ontario Court of Appeal decided in favor of turning over ownership of Canada’s biggest gold mine from Lac Minerals to International Corona. But, already, another f…


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