Metals Report Zinc’s decline may be overdone
Zinc prices have been a veritable roller coaster this year moving to extremes on both the upside and downside. Overeaction seems to be the byword for this important industrial metal as prices swing do…
News
Investment Comment Capital gains opportunties found in Canada gold
Mines and metals analysts Mike Pickens and Robert Sibthorpe, both of Yorkton Securities, have drawn up a portfolio of nine stocks which they believe represent excellent value for investors looking for…
Nahanni drilling Michaud property
A diamond drilling program has started on ground held by Nahanni Min es in Michaud Twp., Ont. Located 25 miles north of Kirkland Lake, the property was tested by previous drilling years ago which cut …
Noranda Pacific intersects platinum/palladium values
Wide intersections with significant gold, platinum and palladium val ues have been obtained from renewed drilling by Noranda Pacific on its Coronation Hill joint venture located in the Northern Territ…
Correction (December 08, 1986)
In the Nov 24 issue it was reported in the Insider Trades section th at Echo Bay Mines bought 117,371 shares of Nuinsco Resources to hold 20,009,995 shares. That latter figure is incorrect. Echo Bay n…
Ambitious program begins on Duverny gold property
A new junior mining company, Jilbey Industries which was originally financed by a 400,000-share offering at 30 cents a share through the facilities of West Coast Securities of Vancouver, began tradin…
Glen Auden assays high grade values
High grading gold values have been assayed from grab samples taken b y Glen Auden Resources from the company’s Swayze- Denyse property. Located south of Timmins, Ont., the property has been mapped, tr…
Steep Rock earnings take slight dip
Earnings dipped slightly in the first nine months of the year for Steep Rock Resources. Net earnings for the nine months ended Sept 30 were $450,853 on revenues of $6.41 million compared to earnings o…
Report from Calgary Savanna focus on Turner-Albright
Operating from the premise that mineral markets are cyclical in natu re, Savanna Resources has assembled an inventory of interests in 10 mineral properties in varying stages of development. The compan…
Golden Eye drilling
Diamond drilling has resumed on the Red Bird project controlled by G olden Eye Minerals. Located near Salmo, B.C., the property has several high grading zones of base metal mineralization, including g…
Axiom: mines are made in force at Dumagami
The successful development of the Dumagami Mines’ gold property once again goes to show the power of the old axiom that mines are made rather than the product of a happen-chance discovery, notes Presi…
Montreal Exchange Vior up sharply
Wednesday close, Dec 3 Overburden drilling on Inco and Cambior’s Douay Twp. property in the Casa Berardi area of northwestern Quebec are “very, very spectacular” says Claude St. Jacques, president of …