Duration, Thor sign agreement for exploration
A letter of agreement covering exploration of 48 claims in the Bamoos Lake area in northern Ontario has been signed by Duration Mines and Thor Lake Explorations. The property, located about 40 miles n…
News
Placer Gold largest contributor to Placer’s ’86 earnings
Reflecting the sale of a 21.4% interest in an Australian subsidiary, Placer Development reported net earnings of $70.3 million or $1.59 per share in 1986 compared to $35.3 million or 82 cents per shar…
Obituary J. Forbes McFarland Former Mining Commissioner dies
Always interested in natural resources and one who served with the Ontario government for 56 years in various senior mining posts — including 16 years as Mining Commissioner — J. Forbes McFarland di…
Buying coins? Check premium
Thinking of buying gold bullion coins? Then don’t forget to look at the premium you have to pay. That’s the advice contained in a recent release titled Dateline: Canada, in which Canadian Maple Leaf c…
Denison opposes oil bid by Greece
Denison Mines will oppose an attempt by the Greek government to acquire a majority interest in the company’s oil and gas operations in the Aegean Sea. At press-time, the company was still awaiting off…
EXPLORATION ’87 SMDC
Saskatchewan Mining Development Corp. (smdc) is playing a major role in the discovery, development and marketing of mineral resources in Saskatchewan. In just over a decade smdc has evolved from an ex…
ORE HORIZONS A Jurassic Epithermal Gold Area
Located some 300 km north of Smithers, B.C., the Toodoggone precious metals area awaits its inevitable development. Over the next couple of years, several development projects may be undertaken in the…
ON THE MOVE Clipper Belt Lacer Co.
Clipper Belt Lacer Co. of Grand Rapids, Mich., has appointed John MacDonald as sales and service representative for the Clipper- Mato Division in the Maritimes. His responsibilities will include servi…
Exploration funds (March 02, 1987)
Camindex Mines and MVP Exploration (1987) & Co., Limited Partnership have entered into an agreement whereby MVP will subscribe for $l,340,000 of flow-through common shares of Camindex at $1 per share….
Quebec study shows flow-through’s value
Flow-through financings between 1980 and 1985 led to 25 potentially profitable mineral discoveries in Quebec, according to a recent study commissioned by the Quebec Prospectors Association and conduct…
50 YEARS AGO –MARCH, 1937– KERR-ADDISON SPARK SETS LARDER LAKE
A swarm of prospectors, stakers, merchants and promoters have invaded the Larder Lake district of Ontario where Canada’s latest gold boom has been precipitated by sudden disclosure of important ore on…
EXPLORATION ’87 WESTMIN
With more than a dozen properties in various stages of exploration, Westmin Resources is into a banner mineral exploration season. About $6 million of the work commitments are being financed by junior…