1987


Encouraging results for Can America

Can America Precious Metals says it has completed a first-tier 2,500-ft shallow drill program on the E zone at its Manitou Lakes property in northwestern Ontario. The company says the average depth of…



Obituary William Watt Hutchison

William Watt Hutchison, president of the International Union of Geological Sciences and assistant deputy minister for the Geological Survey of Canada, has died in Ottawa of cancer. He was 52. Dr Hutch…


Silbak splitting into 2 companies

Shareholders of British Silbak Premier Mines recently voted to split the company in two, to create a resource company and a real estate company. Under the reorganization, all non-mining assets of the …


Dawson, Pacific reach agreement on silver bet

A $2.1-million joint-venture agreement has been signed between Dawson Eldorado Mines and Pacific Trans-Ocean Resources whereby Pacific may earn up to a 50% interest in the Plata-Inca silver project in…



Stainless steel production boosts demand for nickel

Demand for nickel is running higher, buoyed by record production of stainless steel by many major producing nations, Shearson Lehman Securities (formerly L Messel & Co. reports in a recent weekly publ…


Editorial Biting at the base metals

At long last investors and speculators alike are once again turning their attention to the highly cyclical base metals stocks, triggered by improving prices for these commodities in international mark…


Westar gets okay for Falcon bet

Westar Mining has been given Stage 1 approval-in-principle for the proposed Falcon development at its Greenhills coal project in B.C.’s Elk Valley. The announcement was made jointly by Energy, Mines a…


Drilling started at Tintina bet

A $600,000 work program for this year at Tintina Mines’ silver property at Watson Lake in the Yukon is under way, the company having recently secured the funding by way of a private placement of flow-…


News In Brief (July 13, 1987)

Gowest Amalgamated Resources has filed a final prospectus with the province of Ontario where up to 1,200,000 shares of the company will be offered, at a price of 60 cents per share. Yorkton Securitie…


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