Tashogan options Beardmore ground
Tashogan Minerals, a private company based in Willowdale, Ont., intends to merge with vse- listed Collins Resources, in part, to help finance work on a promising piece of ground in the Beardmore area …
News
Toronto Sock Exchange Firming golds buoyed by Persian Gulf fears
Mining issues are enjoying the benefits of firming metal prices, both base and precious. For the week, of 292 issues which traded 124 advanced versus 91 which declined. Although the tse composite slip…
Royalty ruled out for Granges/Hycroft
An arbitrator has ruled that Granges Exploration and Hycroft Resources and Development will not have to pay a royalty to the lessor of the Lewis mine property, a small heap leach operation in Nevada. …
Drilling under way at B.C. gold bet
More than 20 holes, representing in excess of 10,000 ft, have been drilled to date on the snip gold prospect in the Ikut River area of B.C., Delaware Resources reports. The first-phase drilling has co…
METAL MARKETS Growth opportunities for magnesium
The times are changing for magnesium, whose price movements have contrasted sharply with aluminum, the metal which provides magnesium’s chief market, Roskill Information Services says in a recent rele…
COATS Trading Features (July 27, 1987)
News that control of Gateford Resources is passing to an officer of the company helped the issue. Gateford added a nickel to 40 cents -50 cents . Macdonald Mines continued unchanged at 30 cents . Mana…
Jonpol and Cominco begin program at Garrcon project
Jonpol Explorations and Cominco Ltd. recently agreed to begin a $2-million exploration program on the Garrcon property in Garrison, Twp., Ont. Under the agreement, the funds will be spent over two ye…
Old Newcor mine gets second look by Colray, Vista
A joint venture program to explore the old Newcor mine property in the Flin Flon area of Manitoba has been announced by Colray Resources and Vista Mines. Colray can earn a 30% interest by spending abo…
Chesbar extends ramp at gold bet
The ramp extension being driven to open up a second level on the No 3 vein system has advanced to 470 ft at the Chester Twp. gold property near Gogama, Ont., Chesbar Resources reports. Underground dri…
La Teko pours gold bar at Ryan Lode
With only a 6-month leaching season to work with, it seems almost too good to be true but La Teko Resources is planning to heap leach some 13,000 oz of gold this year from its Ryan Lode gold deposit i…
Correction (July 27, 1987)
It was reported (N.M., July 20/87) that Platinova Resources is a private mineral exploration company. In fact Platinova, which has a 78% interest in Black Hawk Mining, was listed on the Toronto Stock …
Van Nest acquires Gateford Resources
COATS-listed Gateford Resources recently announced the private placement of two million common shares and one million warrants to purchase common shares for an aggregate consideration of $400,000 to V…