Neptune planning vat leach test
A 15,000-ton vat heap leach test will be performed this summer at the Colomac property held under option by Neptune Resources. The property, located in the N.W.T., is held under option from Johnsby Mi…
News
Standard starting underground work on Duverny project
In the past six months Standard Gold Mines has erected a headframe and hoist along with ancillary services required to facilitate exploration to the 2,500-ft level on its Duverny gold prospect near Am…
Abcourt moves into gold with control of Aunore
A year ago SNC Inc., the large Montreal-based engineering firm, was high on its 17.8% interest in Aunore Resources and its role as operator on the old Peel-Elder gold mine near Rouyn in northwestern Q…
Abermin seeks high grade at Vancouver Island project
Mineral exploration is generally a slow and tedious process and few mines are discovered on one drill hole. So being in the right place is important whether you are talking about geology or nearness t…
COATS directory an aid for investors
The Canadian Over-the-Counter Automated Trading System (COATS), is getting an assist in the form of a new directory. Now available, the new COATS directory is described by its publishers, COATS Direct…
News in Brief (January 19, 1987)
Acadia Mineral Ventures says it has completed a private placement of flow-through shares, to raise a total of $400,000, at a price of $1.95 per share. President Donald Smith says the funds raised will…
Falco Copper slates work on Achates bet
A program of geophysics, overburden drilling and 3,700 ft of diamond drilling is slated this year for Achates Resources’ 97-claim gold bet in Brongniart Twp. in the Chibougamau area of Quebec. Here Ac…
Budget fears fuel frenzy for flow-through shares
“A feeding frenzy” is about the only way to describe it, William F. White, senior vice-president of corporate finance at Merrill Lynch Canada says of the public’s rush for the new issue of flow-throug…
D’Or Val cuts new vein on Beacon gold property LD
A 20 ft section of gold quartz mineralization has been pulled by D’Or Val Mines in the Discovery vein at its Beacon mine just east of Val d’Or, Que. The vein material in this diamond drill hole, No. 1…
Vancouver Stock Exchange Trading heavy as gold moves up
The Vancouver market has become extremely active and there are signs it could get better yet. Gold prices have been moving higher in response to weaker American dollar and to the Iran-Iraq war, which …
People (January 19, 1987)
CANAMAX RESOURCES — Charles E. Stott Jr. and Timothy J. Haddon elected to the board of directors.
Mascot “operation wawa” off the starting block
It has taken a few years but Murray Pezim’s “Operation Wawa” is off the starting block and about $2.5 million will be spent on the project this year. Mascot Gold Mines, the exploration arm of the Inte…