American Oakwood Energy has changed its name to American Ore Ltd.
change received shareholder approval recently. The company’s trading symbol on the Alberta Stock Exchange will remain the same, AOE.
News
A 1,200-ft drill program is planned to evaluate the vein system on
Rock Mines’ claims in the southeast corner of Grenfell Twp. in the Kirkland Lake area of Ontario. The company says gold was first discovered on the property in 1917 and over the years various work was…
Production in 1987 seen by Blue River
Blue River Mines says it expects to start production and sales next year at the B. C. calcite deposit it has optioned from Ekaton Industries. Blue River says mapping and sampling have confirmed previo…
Uranium markets in flux: Producers wary of U.S. protectionists
Western Canadian uranium producers are keeping a close eye on developments in the U.S. market where protectionist sentiments threaten to hurt them more than any other uranium producers in the world. T…
Westmin looks bullish on Silbak, Big Missouri
There appears to be little doubt that Westmin Resources w ill have a viable mining operation at Stewart, B.C., when it completes this year’s work program at its British Silbak and Big Missouri gold pr…
Cal Graphite reviews feasibility study for graphite deposit
A production feasibility study has been received by Cal Graphite Corp. for its open pit, crystalline, flake graphite deposit near Huntsv ille, Ont. A company spokesman, Richard Addison, says Cal Graph…
Westfield pleased with Tartan values
Anomalous gold values have been detected by a surface prospecting program completed by Westfield Minerals on the company’s optioned gold property near Tartan Lake, Man. Located 10 km east of Flin Flon…
Lynx-Canada plans to drill
A diamond drill program is planned for the Lynx-Canada Explorations Massicotte property in the Casa Berardi area of northwestern Quebec, reports President Karl Glackmeyer Several excellent drill targe…
Who will own the Hemlo mine? Market flutters as appeal nears
In the labyrinthine basement of Osgoode Hall, the seat of Ontario’s Court of Appeal, one entire room is set aside for documents relating to the case of Lac Minerals and International Corona Resources….
Investors catch Madeleine Lac des Iles platinum fever
Investors have apparently caught the Lac des Iles bug judging by the recent market action on Madeleine Mines. This company plans to bring into production the optioned Lac des Iles platinum-palladium p…
Westmin/Nexus
Nexus Resource Corp. has been granted an option by Westmin Resourc es to earn a 50% interest in its Debbie property located six miles east of Port Alberni on Vancouver Island. The property, which cons…
Almaden finances exploration work for gold, silver
Almaden Resources has raised $420,000 in a best efforts offering to explore three precious metals properties. The financing increases the company’s working capital to approximately $500,000, the bulk …