Moss’s Pickle bet optioned to Placer
An agreement in principle has been signed between Moss Resources and Placer Dome Inc., concerning the Fault Creek property near Pickle Lake, Ont. The claims, which are owned 60% by Moss and 40% by Can…
News
COATS Trading Features (September 21, 1987)
Louvicourt Goldfields was weaker this week, trading at 63 cents -68 cents . Last week, the issue was up to 80 cents on news that Ronrico Explorations plans to reopen Louvicourt’s shutdown mine proper…
Rado Reef obtains funding for gold-silver production
New financing has been arranged by Rado Reef Resources that should see its gold-silver mine near Cortez, Col., through to production. Rehabilitation of the underground workings is already under way, a…
MacMillan, Granges busy at Mishibishu
Drilling by partners MacMillan Energy and Granges Exploration on their Mishibishu property west of Wawa, Ont., has cut gold values ranging from 0.13-0.79 oz gold per ton. The drill program is confirmi…
Alberta Stock Exchange Jilbey bucks the trend
Following on market downturns in Toronto and New York, which have seen sharp decreases in share prices, volumes were well down in recent weeks. Even major traders were relatively quiet as investors pl…
Spectacular gold shows made to SMDC, partners
Spectacular shows of gold have been confirmed by the Saskatchewan Mining Development Corp on ground held by the company and partners in the La Ronge area of northern Sask. smdc geologists are taking c…
Tax Angles Flow-through phase-out
It is finally becoming widely recognized that Mr Wilson’s tax reform proposals will gradually reduce the tax advantages of flow- through shares so that, when the reform measures are fully implemented …
Teck Corp’s Highmont plant to join Highland Valley
Much to its relief, Teck Corp. has concluded an agreement to incorporate its dormant Highmont plant into Cominco and Lornex Mining’s Highland Valley Copper project in southwestern B.C. Teck President …
Champagne flows over gold at D’Or Val Mines ceremony
Officially opening its D’Or Val Mines gold mine near here this month was the Vancouver-based Hughes-Lang Group. About 650 people attending the ceremony saw D’Or Val Mines President Frank Lang, instead…
Cambior gobbles Sullivan Mines
A merger agreement between Cambior Inc. and Sullivan Mines has been announced by Cambior President Louis Gignac. Cambior, which currently has a 35% stake in Sullivan, plans to increase to 100% its sha…
Exploration ’87 set for Toronto
Exploration ’87, otherwise known as the “Third Decennial International Conference on Geophysical and Geochemical Exploration for Minerals and Groundwater”, has attracted a distinguished slate of the w…
Mingold, Range in $3m. venture
An agreement has been completed between Golden Range Resources and Mingold Resources, a 100%-owned affiliate of Inspiration Resources Corp. and Minorco Canada. Under the terms of the deal, Golden Rang…