Encouraging results from Goldstack/Sullivan bet
A new zone is shaping up in the central part of the Goldstack Resour ces’ Dubuisson Twp. property, reports President Herve Drolet. Located about seven miles west of Val d’Or Que., the property contain…
News
Microcomputer course planned for geologists
Gordian Computer Solutions will be offering a series of microcompute r courses for geologists this fall. Developed by geologists, the courses will introduce the students to an introductory microcomput…
Oracle to drill at Opapimiskan and Agutua Arm
Oracle Resources has signed an agreement with First Exploration Fund 1986 for issuance of 166,667 flow-through common shares at $3 per share. The offering is underwritten by Merrill Lynch Canada and D…
People (September 22, 1986)
GLAMIS GOLD — Andrew Milligan, president and James Carter, vice-pres ident and chief financial officer, have resigned.
Query Golden Hope not pure gold playr
I purchased Golden Hope stock at $3 per share. Do you expect the sha re price to eventually rise? J.A., Belleville, Ont. Of course, all investors hope that the price of any shares they purchased will …
Pioneer reactivating an Idaho gold mine
Almost everybody wants higher gold prices, but to profit from them you need a producing mine — or at least one that is ready to start up. The Stibnite mine 93 miles northeast of here fits into the la…
Bull market beginnings 6 reasons why gold could soar
If you could buy gold today at the lowest price its been in 12 years , chances are you’d jump at the chance. Charles Huelsman of Paulson Investment Co. of Portland, Ore., who puts out an investment ne…
Net earnings up for Mentor Expl.
For the 6-month period ended June 30, Mentor Exploration and Develop ment realized net earnings of $1.26 million, or 36 cents a share. That’s a significant increase from the $479,055 or 13 cents a sh…
U.S. may produceh 3m. oz gold in ’86
U.S. gold production may approach the 3-million-oz mark in 1986, according to a study from the Metals Economics Group of Boulder, Colo. Production in 1985 is estimated at 2.1 million oz, with average …
Production decision near at Silver Hart’s Yukon bet
The Hart silver project is approaching the stage of a production dec ision with preliminary planning of surface and underground mining layouts underway, reports Silver Hart President Alvin Harter. Sub…
Exploration grants from B.C. government
A total of some $5 million in mineral exploration grants has been committed by the government of British Columbia to aid exploration companies. Close to 60 companies are involved in the program. There…
Mines ministers focused on Canada’s energy security
Canada’s energy security was a key item on the agenda at a meeting of energy and mines ministers last week in Banff. Alberta’s Energy Minister Dr. Neil Webber predicted that if oil and gas prices don’…