Report from Calgary Drilling is in high gear
Flying over Courageous Lake in the N.W.T. one sees six diamond drill rigs in operation and an additional four rigs being set up. Leading this exploration effort is the team of Noranda Inc. and Getty R…
1987
Ceremonial at Dona Lake gold mine photo plus
Ontario premier and acting minister of northern development and mines David Peterson (right), helps put up a sign marking the site of the production shaft that will be put down at the new Dona Lake go…
Perlite producer searches for sulphur
Already a major producer of perlite (a light- weight aggregate with a variety of industrial uses), Vancouver-based Aurun Mines is diversifying into sulphur. The company has joined forces with Equinox …
Noranda to drill at Band-Ore bet
A deep diamond drilling program will be conducted on the No 4 zone of Band-Ore Gold Mines’ gold property in northwestern Ontario by Noranda Exploration. The drilling will commence in late August and w…
Drilling stepped up at Joe Mann mine
Diamond drilling beyond the current ore reserve outline (910,000 tons, mineable, grading 0.22 oz gold and 0.30% copper per ton) has been stepped up on surface and underground at Meston Lake’s Joe Mann…
Queries Atlantic Mining files for bankruptcy
Please let me know if I can purchase back issues with information about Peddle Lake and/or Atlantic Mining Corp. The latter went bankrupt in March, l987. R. Hreha, Robbinsdale, Minn. Yes, you can. In …
Delaware moves on exploration
Exploration work is proceeding on schedule at Delaware Resources’ Snip project north of Stewart, B.C. The first of two diamond drills is on site and initial drilling will test anomalies which are loca…
Sawyer Consultants
Sawyer Consultants has resumed practice as an independent consulting group. For the past two years it was owned by the Concord Group of Companies out of the United Kingdom. The relationship with Conco…
Toronto Stock Exchange Threat of inflation needed to revive golds
The holiday-shortened week showed some signs of positive movement as the tse composite index gained 47.6 pts to close at 3,740.19 pts. Today’s trading saw an advance of 6.72 pts. Precious metals, whic…
COATS Trading Features (July 06, 1987)
Card Lake Resources gave up some ground, closing at $1.75. The company is busy drilling a gold property west of the new Holt- McDermott mine being built by American Barrick Resources north of Kirkland…
Dolphin drilling
Exploration has commenced on Dolphin Exploration’s two Newfoundland gold properties. Surface drilling on the Cape Ray project began June 19 and a second rig was scheduled to begin drilling by month-en…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (July 06, 1987)
Gold London Bullion Dealers afternoon (morning) $US per oz. June 30 June 29 June 26 June 25 June 24 447.30(446.90) 449.75(446.00) 444.10(441.50) 440.50(443.00) 441.75 (443.00) Go…