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Vancouver Stock Exchange Consolidation phase blues

The market has entered a consolidation phase which is not surprising given the incredible momentum it’s shown in recent months. This is actually quite normal for this time of year because companies ar…


Sunrise gold property optioned to Noranda (head)

Sunrise Metals Corp. (vse) has optioned its Mayfair gold property in the Atikokan-Fort Frances area of northwestern Ontario to Noranda Exploration Co. Under the terms of the agreement, Noranda can ear…


Goldpost expects to raise $4.4 million

Share prices of Toronto-listed Goldpost Resources jumped from $1.60 to a new high of $2.75 last week, one week before the company’s Class B warrants become due. Asked for an explanation at the company…


Canadian postal dispute?

There is a possibility of a dispute in the Canadian postal service within the next few weeks, which would disrupt mail service. Should this happen, subscribers in Toronto, Montreal and Vancouver may o…


Freewest prospectus

Freewest Resources has filed a prospectus for the issue of one million common shares at 50 cents per share. The proceeds will be used to finance exploration on the company’s Collet-Laberge properties…



Outland Res. options Que. platinum/gold bets

Outland Resources says it has optioned three large properties in the Labrador Trough area of Quebec where recent sampling by Quebec government geologists have discovered high values in platinum group …


People (May 18, 1987)

energy mines & resources canada — Dr D. J. Tempelman- Kluit appointed director of the Cordilleran and Pacific Margin division of the Geological Survey of Canada.


Editorial Respect for Placer, Dome, Campbell

Almost since its incorporation way back in 1912, the Dome mine at Timmins has been dubbed the Big Dome. But we venture to say that its founders, who certainly did not lack foresight and guts, could ha…


More exploration planned for Quebec placer project

An agreement has been reached between Macamic Resources and Coniagas Mines to further explore and develop the latter’s alluvial gold properties in Beauce Cty., Que. Macamic will spend $1 million to ac…


Barrick to continue gold acquisition

They came to the annual meeting of American Barrick Resources Corp. for a variety of reasons. But as one broker quipped, they especially came “for the religion”, — to hear Peter Munk, the chairman an…


Majority of world’s gold used in jewelry-making

Jewelry fabrication accounts for almost 60% of the gold coming on the world market, with industry, small bars and coins taking up their fair share of the precious metal. British author Timothy Green, …


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