Alberta Stock Exchange Mill City among movers
While the summer doldrums continued to hamper trading in Alberta, the performance of some gold issues were worth noting. Mill City Gold, which has a 10% net profits royalty interest in some properties…
News
Denison stronger despite 1987 earnings drop
Despite a drop in 1987 first half earnings, Denison Mines continues to strengthen its financial position. The company reported consolidated net earnings for the six months ended June 30, 1987 of $9,03…
Equity options Yukon property
Moving aggressively on the exploration front, Equity Silver Mines has taken an option on Fairfield Minerals’ Ram property south of Ross River, Yukon. The prospect is six miles west of the Ketza River …
Placer Dome circular gives merger reasons
Further details on the proposed merger of Placer Development, Dome Mines and Campbell Red Lake Mines are now available in a half-inch-thick information circular that is being mailed to shareholders. L…
Zahavy beginning to boost reserves
Some preliminary results have been released by Zahavy Mines from its underground drilling program at its gold-silver-lead-zinc property in the Favourable Lake area of northwestern Ontario. Among the b…
Granby options Nevada gold bet
Vancouver-based Granby Resources Inc. has optioned a 50% interest in a gold property in Nevada to Centurion Minerals, also of Vancouver. The property, called the Black Quartz property, lies adjacent t…
Terra, Goldrich sign agreement
Terra Mines and Goldrich Resources have signed an agreement which gives Terra the right to earn a 51% interest in properties held by Goldrich in the West Kootenay area of British Columbia. The deal in…
Freewest options Noranda property
Freewest Resources has acquired an option on claims held by Noranda Exploration in the Harker- Holloway area north of Kirkland Lake, Ont. Freewest has the right to earn a 32% interest in the Noranda c…
Pan East, Greenstrike expect to be underground by end of ’87
Geologist Bernard Gallant, president of Calgary-based Pan East Resources expects to see his company’s exploration project at Fifteen Mile Stream in Halifax Cty., N.S., go to an underground program in …
Golden Princess starts drilling
Drill programs are under way at two properties held by Golden Princes s Mining in Ontario. Noranda Exploration has commenced drilling on the Nickel Offsets property near Timmins. The objective of the …
Sikaman prefeasibility study promises gold from Ghana
Partners Sikaman Gold Resources and Denison Mines recently received results from a prefeasibility study on their Bogosu concession in Ghana, West Africa. Sikaman has a 45% interest in the property, wh…
Strong sections drilled by Power
Additional encouraging drill results have been received by Power Explorations from the company’s Dryden gold project held in joint venture with Van Horne Gold Exploration. The property is located five…