Tandem pushing four projects
One of the more active junior issues on the Canadian mining scene today, Tandem Resources is still spreading its wings. In excellent financial shape (cash and marketable securities approaching $10 mil…
News
Montreal Exchange Stabell riding high
Trading activity remained high this holiday-shortened week on the Montreal Exchange but the trend was downwards, with both the market portfolio and mining and minerals index losing ground. Stories of …
Two new zones picked up by McAdam at McWatters project
Two potentially important new gold zones have been picked up by McAdam Resources in a systematic exploration program being carried out at its McWatters project near Noranda, Que. This is a $6-million …
People (September 07, 1987)
Scotia Prime Resources — Craig Miller elected president.
Big firms join Peat Resources
Some heavyweights are moving into the Peat Resources picture, The Northern Miner gathers from conversation with the company’s president, Leon La Prairie. Inco Ltd., Esso Resources Canada and Lacana Mi…
Coastoro undertakes drilling program
Fifteen holes have been drilled to date at Coastoro Resources’ Garrison Twp. project in northeastern Ontario, President R.A. Pollack reports. Among the better results were hole No 87-24, 0.18 oz gold …
Jonpol encouraged by drilling at joint-venture Garrcon bet
Encouraged by drilling results at the Garrcon gold property in Garrison Twp. in northeastern Ontario, Jonpol Explorations President John Pollack is optimistic a decision will be made to go underground…
Gunnar, Mill City start drilling on Tyranite bet
An initial 10,000-ft drill program has been started by Gunnar Gold Inc. and joint venture partner Mill City Gold, on their Tyranite Mines gold property in the Matachewan area of northern Ontario. The …
Nickel demand strengthens as supplies grow tighter
A tight market has seen the price of nickel rise to the $2.50(US)-per- lb level and Shearson Lehman Brothers says there may still be some steam left in the nickel market’s rally. Producer stocks have …
Meston acquires royalty interests
An agreement has been reached for the purchase by Meston Lake Resources of the royalty interests of the Societe de developpement de la Baie James on the Meston Lake properties in Quebec’s Chibougamau …
Editorial That gold perfume again
Remember the little company in Ajax, Ontario, that produces a very expensive brand of perfume claimed to contain actual flecks of gold? We’ve commented on it before in this space, because (not surpris…
Echo Bay adds to reserves at Nevada gold property
Assay results from the most recent round of exploration drill holes at the northern edge of the Cove deposit on the McCoy property in Nevada have added significantly to geological reserves, Echo Bay M…