1987

A follow-up diamond drill program is scheduled to start this month on X-Cal Resources’ Snowbird gold property in central B.C. The 5,400-ft drill program was prompted by encouraging results derived fro…

Durham Resources has agreed, subject to certain conditions, to acquire 1,292,735 common and 438,725 Class A shares of Oakwood Petroleums from Brian S. Ekstrom, Oakwood’s president and chief executive …

Several encouraging intersections have been completed by partners, Kennco Explorations, North American Rare Metals and Dundee-Palliser Resources on a 203-claim property in Vezza Twp., Que. Located app…

Henry L. Hill, a prominent consulting engineer and past president of the B.C. & Yukon Chamber of Mines, died recently in Vancouver in his 80th year. He founded his own consulting firm in 1944 and reti…

Tight-lipped Sigma Mines permitted Vior to release results of a super hole drilled on Vior’s Ligneris Twp. property. Hole 73 cut 40 ft grading 0.35 oz gold per ton, although results from some check as…

Recent drill results from Northair Mines’ Willa gold project in southeastern B.C. included one spectacular intersection grading 1.4 oz over 59 ft. According to Donald A. McLeod, president, check assay…

Vault Explorations has dropped plans to acquire a 48% interest in a gold concession in Mali. The company’s stock was halted by the superintendent of brokers office Jan 9, and it was asked to provide d…

Drilling by equal partners Stroud Resources and Chevron Minerals has intersected gold mineralization 1,600 ft northwest of known mineralization on the Hislop property near Ramore, Ont. Located northwe…

Two closely associated companies in the I.C. Christopher camp — Honcho Gold Mines and Baden Explorations — have reached an agreement with Beaufield Resources Inc. which will see the latter carry out…

Mountain- West Resources says the 1986 agreement on its Elkhorn property with Homestake Mining has been restructured. The new agreement will allow Homestake to earn a 50% interest by spending $3 milli…

Queenstake Resources has optioned its Argus gold property near Bakersfield, Calif., to Childs International, a subsidiary of an Australian mining group. The company will be able to earn a 60% interest…

A special meeting of United Siscoe Mines to vote on a proposal to acquire a controlling interest in American Barrick Resources has been postponed indefinitely. A special meeting had been scheduled for…