Agnico-Eagle basks in bright ore position
While there will be no output from Agnico-Eagle Mines’ silver division here until its new $2.5-million mill is ready, which now looks like mid-year, there has been absolutely no letup in exploration o…
1987
Stabell and Acquisitor underground at Val d’Or LD
Work is under way on rehabilitating the No 2 shaft at Stabell Resources’ Dubuisson Twp. gold property near Val d’Or, Que. The work, which is being done with Acquisitor Mines which has an option to ear…
Neptune planning vat leach test
A 15,000-ton vat heap leach test will be performed this summer at the Colomac property held under option by Neptune Resources. The property, located in the N.W.T., is held under option from Johnsby Mi…
Standard starting underground work on Duverny project
In the past six months Standard Gold Mines has erected a headframe and hoist along with ancillary services required to facilitate exploration to the 2,500-ft level on its Duverny gold prospect near Am…
Abcourt moves into gold with control of Aunore
A year ago SNC Inc., the large Montreal-based engineering firm, was high on its 17.8% interest in Aunore Resources and its role as operator on the old Peel-Elder gold mine near Rouyn in northwestern Q…
Abermin seeks high grade at Vancouver Island project
Mineral exploration is generally a slow and tedious process and few mines are discovered on one drill hole. So being in the right place is important whether you are talking about geology or nearness t…
Falco Copper slates work on Achates bet
A program of geophysics, overburden drilling and 3,700 ft of diamond drilling is slated this year for Achates Resources’ 97-claim gold bet in Brongniart Twp. in the Chibougamau area of Quebec. Here Ac…
Budget fears fuel frenzy for flow-through shares
“A feeding frenzy” is about the only way to describe it, William F. White, senior vice-president of corporate finance at Merrill Lynch Canada says of the public’s rush for the new issue of flow-throug…
D’Or Val cuts new vein on Beacon gold property LD
A 20 ft section of gold quartz mineralization has been pulled by D’Or Val Mines in the Discovery vein at its Beacon mine just east of Val d’Or, Que. The vein material in this diamond drill hole, No. 1…
People (January 19, 1987)
CANAMAX RESOURCES — Charles E. Stott Jr. and Timothy J. Haddon elected to the board of directors.
United Keno funding
United Keno Hill Mines reports it has an agreement with NIM and Co., Limited, Partnership — 1987, for the provision to United Keno of flow-through exploration funding. United Keno says it will issue …
United Gold hits goldon its Clio property LD
A 145-ft section grading 0.155 oz gold per ton has been pulled by United Gold Corp. on its Clio property in Tuolumne Cty., Calif. A total of five holes was drilled prior to the Christmas break and ass…