Gulf Titanium feasibility study
A feasibility report has been received by Gulf Titanium for its Cruse Belmont property in Montana. The report recommends taking the high grade gold property into production next spring at 200 tons per…
News
After four months of discussions, American Barrick Resources and
Gold have outlined the terms of a joint venture agreement to mine the surface oxide and deeper sulphide reserves of the Post deposit in Elko Cty., Nev. Located on the famed Carlin gold trend where New…
Big increase in revenue spurs profit for Pegasus
Among gold producers reporting much higher profits this quarter is Pegasus Gold. The company recorded net earnings of $4.3 million(US) for the quarter ended June 30, compared to $1.5 million a year ag…
Cominco Res. Nevada mine yields high grade hole
International has encountered paydirt at its Buckhorn mine in Nevada. The company describes the discovery as a “possibly significant high grade gold intercept,” noting the hole was drilled beneath the…
Vancouver Stock Exchange Investors in a cautious mood
Some investors are feeling uneasy about upward-trending interest rates and the potential impact on the market so they are trading cautiously. Also, with many seasonal exploration programs winding down…
People (September 21, 1987)
City Resources — J. Ron Longstaffe appointed president and chief executive officer.
Tremincop sets sights on production at old Ptarmigan mine
In general, mining people are quite adaptable to changing conditions even if the transition involves leaving a major company for a junior. As an example, Vancouver-based Treminco Resources has four ex…
News in Brief (September 21, 1987)
Bellco Energy Corp. has changed its name to Ocutech Canada Inc. (occ:vse) on a share-for-share basis.
Chesbar reports high gold values
With the resumption of drifting on the No 3 vein at a depth of 200 ft, Chesbar Resources reports high gold values have been encountered at the Chester Twp. property in northern Ontario. From the point…
Underground work by Aur Resources on Quebec project
A $1-million underground exploration program will be carried out by Aur Resources on the Hewfran property at Desmaraisville in northwestern Quebec. Surface drilling has outlined ore grade gold mineral…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (September 21, 1987)
Gold London Bullion Dealers afternoon (morning) $US per oz. Sept. 15 Sept. 14 Sept. 11 Sept. 10 Sept. 9 458.80(458.35) 455.55(456.60) 459.85(460.90) 460.20(461.00) 458.30(45…
Editorial The “Odds” as history
Professor R. W. Thompkins, of Queen’s University, Kingston, has expressed an interesting and we think valid thought about the value of our regular “Odds ‘n’ Sods” column, carried on this page. “Thro…