Rock Congress
The Canadian Rock Mechanics Association, together with the hosts and co-sponsors, the CIM and the Canadian Geotechnical Society, is preparing to host the Sixth International Congress on Rock Mechanics…
News
News in Brief (August 24, 1987)
Strata Energy Corp. has changed its name to U.S. Platinum Inc. (upt:vse) on a share for share basis.
Till, rock sampling values encouraging
Both till and rock sampling have located a number of areas of anomalous high gold values on the Wolverine Pond — Trap Pond — Flatwater Pond assemblage of 1,647 claims in the Baie Verte area of Newfo…
Edomar funding
Subject, it says, to the company succeeding in obtaining a listing on the Alberta Stock Exchange, Edomar Resources reports it has an agreement in principle with Excan Mineral Exploration and Co., Ltd….
Montreal Exchange Active market traders
Two companies active in a 3-firm, joint-venture platinum exploration project in northern Quebec, Messeguay Mines and Oasis Resources, were top traders this week on the Montreal Exchange, with Messegua…
Gunnar funding
Gunnar Gold Inc. reports it will raise $1,250,000 through a private placement agreement for the issuance of common shares and share purchase warrants, the latter entitling holders to acquire an equal …
Breakwater well into black on gold price, productivity
Higher gold prices coupled with productivity increases at the Cannon mine in Washington State put Breakwater Resources solidly into the black during the first half of 1987. Net earnings for the period…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (August 24, 1987)
Aug. 18 Aug. 17 Aug. 14 Aug. 13 Aug. 12 Gold London Bullion Dealers afternoon (morning) $US per oz. 457.50(454.90) 453.30(454.80) 460.00(457.40) 462.50(462.05) 463.40(461.00) Gold Bank of Nova Sco…
Gordex heap-leach mine into commercial production
Gordex Minerals scored a Canadian gold mining first when it announced commercial production at its Cape Spencer claims northeast of Saint John, N.B. this week. The Cape Spencer project is Canada’s fir…
“Noranda-style” sulphides located at Aldermac project
The latest drill results from their Aldermac project in Beauchastel Twp., west of Rouyn-Noranda, Que., has created a flurry of excitement in the executive suites of both Nuinsco Resources and Seadrift…
Noranda finds metals at Duck Pond project
Additional drilling at Noranda Exploration’s Tally Pond — Duck Pond project in central Newfoundland has continued to intersect what the company calls significant base and precious metal values. Locat…
Vancouver Stock Exchange Encouraging results at Silbak bet
Profit-taking, the troubled U.S. dollar or whatever the reason, the Vancouver market appeared to follow the lead of other stock exchanges this week and pulled back. On the week, the vse index closed d…