Pundata reports elevated values
Elevated gold values in 46 of 57 samples taken from property in Nevada have been announced by Pundata Gold Corp. The best assay shows 2.38 oz gold per ton, 3.53 oz silver, 0.128 oz platinum and 0.228 …
News
Saskatoon meeting
An international symposium on crystallization and precipitation, ISCAP ’87, will take place in Saskatoon, Sask., Oct 5-7. Organized by the hydrometallurgy section of the Canadian Institute of Mining a…
Editorial Uranium and B.C. bureaucrats don’t mix
If ignorance is bliss, then the bureaucrats who rule Lotus Land are blissful indeed. British Columbian bureaucrats, who have let a seven-year uranium exploration and mining moratorium to expire in Feb…
News in Brief (March 30, 1987)
Signet Resources has changed its name to New Signet Resources Inc. on a basis of 1 new for 4 old shares.
Equity parent buying shares
Equity Silver Mines has agreed to sell Placer Development or a subsidiary 6.6 million special voting shares at a price of $5.62 per share. The value of the transaction is approximately $37 million. Eq…
Brokerage firm finance Fury to production
A major London brokerage firm has agreed to finance Fury Explorations’ Grantsville property to production. The value of recoverable silver from the modest heap leach project is said to compare favorab…
Investment Comment Waiting for Lac/Corona decision
It has been nearly four months since Lac Minerals and International Corona Resources wrapped up their arguments to the Ontario Court of Appeal over the ownership of the Hemlo Page-Williams mine. At th…
COATS Trading Features (March 30, 1987)
Clavos Porcupine Mines continued to advance, closing at 43 cents -48 cents . The company holds a 27.5% net profits interest in a gold property being worked by Canamax Resources. Located northeast of T…
Correction (March 30, 1987)
In the March 16th issue we erroneously said that mining contractor Patrick Harrison was honored at the Operator’s Conference in Elliot Lake last month. That report should have said J. C. MacIsaac, not…
Sullivan has loss, blames placer mine
Problems at the Valdez Creek placer mine in Alaska are being cited as the primary reasons behind the 1986 loss at Sullivan Mines. Sullivan and partners have experienced higher operating costs, delays …
D’Or Val drills high grade gold
D’Or Val Mines, which is scheduled to pour its first gold by month-end from its Beacon mine near Val d’Or, Que., has come up with a spectacular drill hole. Hole 96-13, drilled below the 7th level and …
Vancouver Stock Exchange Heavy, record-breaking volume
Yesterday the Vancouver market roared as investors stampeded into speculative issues and the index broke yet another record. For the first time ever, it breached the 1,645 level and vse spokesperson H…