Drills add reserves to Greenstrike bet
A 28-hole diamond drilling program has expanded reserves at Greenstrike Gold Corp.’s Fifteen Mile Stream gold deposit in Nova Scotia. Results for the initial 17 holes indicated preliminary reserves to…
News
Estrades funding comes from Golden Day’s mega-offering
Golden Day Explorations and Co., Ltd. Partnership, one of the Noramco Mining Corp. group of companies, which are directed by Bruce McDonald and Gordon Keevil of Vancouver, has in its first public offe…
Toronto Stock Exchange Indices advance into uncharted waters
The heady times on the Toronto Stock Exchange continued for yet another week as records fell like ten pins. The tse 300 composite index flew past its previous record (set last week) to 4,104.98 at tod…
Montreal Exchange Market moves higher
What started out a quiet week has ended up on a high note, with the general index of the Montreal Exchange, the market portfolio, rolling to a new high of 2,051.22 pts. The mining and minerals index, …
Yorbeau claims full ownership
Yorbeau Resources of Montreal has decided to take full ownership of the Ellison gold claims located in Bousquet Twp., in northwestern Quebec, between the Bousquet and Doyon mines, the company reports….
Drilling program begins at Dore/Orofino project
Orofino Resources of Toronto has begun a 4,000-ft diamond drilling program on two joint venture properties at Vermillion Lake, near Mine Center in northwestern Ontario. Part of a major shear zone and …
People (August 17, 1987)
Ariel Mining Group – Claude Britt, recently appointed vice-president exploration of Exploration Mimiska Inc., will now be directing exploration work for all six member companies namely, Exploration Sp…
D.K. busy in Africa
D.K. Platinum plans to become active exploring for gold in Ghana, West Africa. The company has opened an office in Accra, the capital city of Ghana. D.K. plans to acquire properties hosting potential …
Franco-Nevada spins out subsidiary via prospectus
Euro-Nevada Mining, a wholly- owned subsidiary of Franco-Nevada Mining, recently filed a preliminary prospectus with regulatory authorities in connection with the spinout of Euro-Nevada to existing Fr…
Investment Comment Silver project, a boon to Rea Gold
As suggested in a recent review by Dean Witter Reynolds Canada Inc. there are many good reasons for investing in Rea Gold Corp., but first among them is the company’s 30% interest in a high grade silv…
Obituary William Harvey Gross
One of Canada’s most famous economic geologists, William Harvey Gross, has died. Dr. Gross, who was born in New Westminster, B.C., in 1917, first became interested in mining while working as a mucker …
Queries Whatever happened to Jimberlana?
For the last two years I have been reading that Jimberlana Minerals owns 51% of Pamour Inc. and now in your July 6/87 edition I read that the new owners are Giant Resources, also Australian. Since I h…