1987

Terra Mines and Goldrich Resources have signed an agreement which gives Terra the right to earn a 51% interest in properties held by Goldrich in the West Kootenay area of British Columbia. The deal in…

Freewest Resources has acquired an option on claims held by Noranda Exploration in the Harker- Holloway area north of Kirkland Lake, Ont. Freewest has the right to earn a 32% interest in the Noranda c…

Geologist Bernard Gallant, president of Calgary-based Pan East Resources expects to see his company’s exploration project at Fifteen Mile Stream in Halifax Cty., N.S., go to an underground program in …

Summertime is a good time to relax in the sun and do some good reading. But as you know, it’s sometimes difficult to separate the fact from the fiction. Take a recent feature story in America’s scienc…

A final prospectus has been filed by Golden Knight Resources which outlines details of a $30- million-unit offering. The offering is being made to finance the company’s share of mine development costs…

Direct assistance to prospectors through British Columbia’s Financial Assistance for Mineral Exploration (fame) program have been doubled this year. Grants up to $5,000 are now available to qualified …

Starting from scratch just two years ago, Zenmac Zinc has increased the value of its investment portfolio to over $17 million, a well-attended annual meeting here learned. It includes 1,342,500 shares…

Come rain or shine, the Women’s Association of the Mining Industry of Canada says it will stage its 10th Country Fun Fair on Saturday, Sept 19, at the St. Ilija Macedonian Orthodox Church picnic groun…

The first half of 1987 was a record-breaking period for the Vancouver Stock Exchange. Trading volume was 2.6 billion shares, up 49% from last year, and the volume was the highest half-year total ever …

Scotia Prime Resources Inc, wholly-owned by ase-listed Petroco, is in the midst of a $1.6- million financing for exploration work on two gold properties in Nova Scotia. President Graig K. Millar, a lo…

Exploration work has commenced at Goldbrae Developments’ Tartan Lake property in northern Manitoba. The initial program will include soil sampling, geological mapping, prospecting, hand trenching, and…

Diamond sales during the first six months of 1987 were 28% above sales for the same period last year, the Central Selling Organization of De Beers Consolidated Mines reports. Sales of rough stones tot…