1987


Beaufield, Falco cut strong sections

Encouraging drill results are coming from a broad 2,460-ft long strongly altered zone on the Lac Rouleau property, partners Falconbridge Ltd. (51%) and Beaufield Resources (49%) say. The claims are pa…


Faraway slates further drilling on B.C. claims

Additional drilling is slated in l988 on Faraway Gold Mines’ Sam claim group near Equity Silver’s mine southeast of Houston, B.C. Preliminary results from a $500,000 program carried out this year, in…



Cambior earnings (November 30, 1987)

Net income of $13.5 million (59 cents per share) on revenue of $64.4 million was recorded by Cambior Inc. during the first nine months of 1987. (Cambior was inactive prior to July 31, 1986.) In the th…


Westmin Resources boosts earnings

Net earnings for the first nine months of 1987 totalled $14.3 million compared with $5.4 million for the same period last year, Westmin Resources reports. Gross revenues during the same period amounte…


Fairfield listed

Recently listed for trading on the Montreal Exchange was Fairfield Explorations of Rouyn-Noranda, Que. (symbol ffr). The company reports it is starting a $407,000 exploration program on three gold pro…


Oz and Farboro option property

Two Quebec-based firms, Oz Exploration and Farboro Resources, have jointly obtained an option to acquire a 100% interest in property in Elmhirst Twp., in northwestern Ontario’s Thunder Bay mining divi…


Kapalua planning drilling program

A drilling program to follow up on earlier exploration work is planned by Calgary-based Kapalua Gold Mines on its Briscoe-Bryce gold property in northeastern Ontario. President A. David Birkett report…


Cons TVX to buy interests in Chile

An agreement has been signed which will give Consolidated TVX Mining Corp. a 49% interest in mining concessions in Chile. The concessions include the La Coipa gold- silver property which was explored …


Field work to start at Coronado/Bourdeaux

Field work will begin immediately at Coronado Resources’ Davis Lake joint venture gold property in Saskatchewan’s La Ronge mining district, the company said. According to Coronado, the program will co…


Hector completes drilling B.C. gold/ silver claims

A 2,000-ft drill program on Hector Resources’ gold claims in the Iskut River area of northwestern B.C. has produced encouraging gold assays. Hector has a 100% interest in the claim group, which adjoin…


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