1987

The most active issue on the Montreal Exchange this short holiday week was Yorbeau Resources, unchanged at 70 cents on 425,600 shares. Company officials said they knew of no reason why the stock had …

In a recent address to the Canadian Tax Foundation, the minister of finance, Michael Wilson, alluded to a proposed general curtailment of tax preferences that enable some high income earners to reduce…

Gold-bearing mineralization has been discovered in two anomaly- testing diamond drill holes located 4,500 ft west of a gold zone being developed at the Granges Exploration and MacMillan Energy Corp.’s…

Torene Gold Exploration plans another 10,000 ft of drilling on its Harrington Cove gold property in Nova Scotia, following results of an initial 3,000-ft program that returned six intersections in fou…

Spirit Lake Explorations has raised $100,000 through the private placement of 58,825 shares at a price of $1.70 per share. There are warrants with this stock to purchase an equal number of shares at $…

Gold mineralization has been intersected by diamond drilling on the Douay Twp., Que., property controlled by Beaufield Resources. Located east of Joutel, the property covers a geological sequence know…

Amidst the plethora of new up-and-coming heap leach situations, Hycroft Resources and Development Corp. appears to have been overlooked. Considering the production and earnings projected for 1988, its…

Next week’s issue will include complete range tables of all 1986 trading in the shares of mining companies listed on the Toronto, Vancouver, Montreal and Alberta stock exchanges, together with high-lo…

A $300,000 exploration program is slated for Toronto-listed Onitap Resources’ Nova Scoita mining properties to be completed by Feb 28, 1987. The 37 contiguous claims which include four former gold pro…

Power Exploration has obtained some encouraging gold assays on properties adjacent to two of northwestern Ontario’s significant recent gold discoveries. In the Pickle Lake area two new gold zones have…

The Fourth Annual Cordilleran Roundup will be held at the Hotel Vancouver over a 3-day period beginning Jan 26, 1987. It will include reviews of field work carried out by provincial and federal agenci…

It seems that one hand of government does not know what the other is doing. Finance Minister Michael Wilson has told his provincial counterparts that the federal government is under severe pressure to…