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…
News
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…
Teeshin mine production anticipated by June ’88
Production from the Dome Mountain property near Smithers, B.C., is expected to begin by next summer, Teeshin Resources says. Teeshin holds a 37.5% fully diluted interest in the project. The remaining …
Moneta Porcupine raises over $2m.
Moneta Porcupine Mines reports it has completed financings yielding more than $2.3 million, to be used in exploration and property acquisition. The company says private placements in May of $270,000 f…
Geraldton-Beardmore booms
The entire Geraldton-Beardmore greenstone belt, which in its heyday boasted a dozen producers that turned out over four million ounces of gold, is once again bustling under a full-scale exploration bo…
Robex planning barite project
A subsidiary has been formed by Robex Resources of Quebec City for the purpose of bringing into production a barite deposit located in Upton Twp. in Quebec’s Eastern twps. The company hopes to have th…
Vancouver Stock Exchange Promising results from Congress
Trading continues to be active but with gold hovering at $460- $465(US) and supposedly poised to make a run at $500, investors seem to be taking a moment for reflection. The vse index on the week clos…
Queenston to confirm chairman’s confidence
While Queenston Gold Mines Chairman Hugh Harbinson stops just short of saying that his company is about to become another Canamax Resources, he confesses to being extremely optimistic about the compan…