Better earnings help Brunswick reduce losses
An improved fourth quarter allowed Brunswick Mining and Smelting to cut its 1986 loss to $6.9 million, compared with a loss of $5.6 million in 1985. Net earnings during the last quarter of 1986 were $…
1987
EXPLORATION ’87 ELDOR
Eldor Resources will continue to concentrate its search for uranium in 1987 on lands adjacent to the Rabbit Lake and Key Lake mills in northern Saskatchewan, says David Fountain, general manager explo…
EXPLORATION ’87 DOME
The Dome Mines Group’s basic mineral exploration budget for 1987 will be $14.2 million, compared to about $13 million in 1986. The group will contribute an additional $700,000 to a proposed $2-million…
50 YEARS AGO –MARCH, 1937– NEW GOLD FIND DRILLED IN BOUSQUET TWP.
An important new gold discovery has been quietly worked at surface and probed by drilling on the Cassels-Duval property in the north part of Bousquet Twp., Que. Encouraging gold values were returned a…
NO HEADLINE (March 02, 1987)
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Capt. Consolidated and Koala cut gold values at Pukaskwa
A gold discovery has been made by partners Captain Consolidated Resources and Koala Resources on their Pukaskwa property. The claims are located in a greenstone belt nine miles northwest of the Mishib…
Obituary – Veteran prospector A.E. Lafontaine dies
A veteran prospector who was well known throughout the mining industry within which he worked for 65 years, Amedee Frederick Lafontaine, died at Thunder Bay, Ont., at the age of 87. Born at Compte Lav…
ON THE MOVE Fisher Controls Co.
Joseph Gaetan is the new plant manager of Fisher Controls Co. of Canada’s Woodstock, Ont. facility. He was previously, for four years, the general manager of Fisher’s Edmonton, Alta., service company…
ON THE MOVE N. Morissette Canada
Romeo Brouillette has been appointed vice-president of N. Morissette Canada. Brouillette has experience in all phases of contract diamond drilling throughout Canada. He will continue as manager of th…
Millstream Mines
Millstream Mines says it expects to start a preliminary exploration program early this year on 200 unpatented mining claims located in the Oba region of Ontario. The company has a 100% interest in the…
Pronto raises exploration funds
Toronto-listed Pronto Explorations has entered into an agreement for a private placement of $1.4 million of flow-through shares of the company’s common shares. The proceeds will be directed to the com…
EXPLORATION ’87 GETTY
Formed in mid-1986 from the subsidiaries of Getty Oil Co., Toronto- listed Getty Resources appears to have a bright future. Richard Atkinson, who successfully led a group of private investors in the p…