News

Two zones discovered by Emerald Isle Res.

Results from the first phase of drilling on an epithermal gold property, held by vse-listed Emerald Isle Resources, near the U.S.-Mexico border indicate the existence of two distinct gold-bearing zone…




Low coal price deepens loss for Westar

Westar Mining had a 6-month loss of $3.5 million compared to $3.1 million for the same period in 1986. The company’s second quarter loss of $8.1 million was almost identical to the previous year’s. Ac…


Good drill hole at NAR-Palliser

Management of the North American Rare Metals — Dundee-Palliser joint venture Vezza gold project 25 km south of Matagami, Que., are highly encouraged with the findings in the latest hole in its 1987 s…



Barrick to drill Pandora property

In a bid to expand current reserves on the Pandora gold mine property in Cadillac Twp., Que., American Barrick Resources will begin a 25,000-ft surface drilling program later this month. A former gold…


Three drills are working on Westmin-Nexus bet

Three diamond drills are working at the Debbie property on Vancouver Island, a joint venture between Westmin Resources, Nexus Resources and Angle Resources. A $2-million program is under way on the 24…


Surveys under way at Samarkand bet

Detailed geological surveys are under way on the Roman property of Samarkand Resources on the British Columbia-Yukon border, the company reports. It says rock samples from the property have assayed up…



People (August 24, 1987)

Nortek Energy — J.D. Henderson, Ray Kinasewich and Dwight Bliss appointed to the board of directors.



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