Duration and Locator private placements
Locator Explorations has signed private placements with the Middlefield Group for a total of $1 million each in flow-through shares. The private placement agreement consists of $350,000 to Track Resou…
1987
Equity Silver photo caption
The main zone pit is visible beyond the Equity Silver Mine plant, including the leach plant (foreground), and concentrator beyond, and the A-frame for ** fine ore storage. **…
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-…
Investment Comment Canadian gold exposure makes Aur a buy
For investors on the look-out for a company with excellent exposure to Canadian gold exploration and future gold production of between 50,000 and 100,000 oz annually, Davidson Partners Ltd. recommends…
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…
New reserve inventory calculated for Gold Zone
A new reserve inventory has been calculated for Gold Zone Development’s mining property near Anchorage, Alaska, which has been actively explored by the company and its predecessor since 1979. The prop…
Gold values encouraging on Westmin Manitoba bet
Westmin Resources reports it has intersected encouraging gold values in diamond drill holes at Utik Lake in northern Manitoba. The property, located 75 miles east of Thompson, is being explored under …
Faulted extension found by Acadia
Acadia Mineral Ventures has found the faulted extension of the Mooseland gold deposit in Halifax, Cty., N.S. Up to now the company believed the deposit, which has the potential for developing an estim…
Grab-sample results
Encouraging results have been released by Maufort Resources from a grab sample at the Tiblemont gold project located about 30 miles west of Val d’Or, Que. The company reports the presence of a major s…
Asamera acquires huge U.S. prospect
A subsidiary of Asamera Inc. says it will immediately start a preliminary exploration program on what is described as one of the largest single underexplored mineral prospects in the state of Nevada. …
Amselco and Galactic to develop Ridgeway
Approval has been given to develop the Ridgeway gold project in South Carolina which will be a joint venture between Amselco Minerals and Vancouver-based Galactic Resources. Ridgeway Mining, a wholly-…
Newfield, T & H reach agreement on nine claims
An agreement granting T & H Resources an option to buy nine claims owned by Newfield Mines in Garrison Twp., east of Matheson, Ont., for $150,000 has been signed by the two companies. The option gives…