Drilling starts at Monique bet, Monicor reports
An exploration program is under way on the Monique property, located about 26 km east of Val d’Or, Que., which will continue until January, Monicor Exploration reports. Analyses of two drill holes hav…
1987
Santa Maria discovery at Opapimiskan Lake
What it describes as a significant discovery is reported by Santa Maria Resources, on its Zeemel Lake property in the Opapimiskan Lake area of northwestern Ontario. President Gordon Plaskett says in a…
St Genevieve intends to sink shaft on Fourax gold property
A total of $6 million has been set aside by St. Genevieve Resources to sink an exploration shaft and do lateral exploration work on the company’s 12-claim Fourax property in Fourniere twp., near Malar…
Westfield Minerals has 35% interest in Chilean heap leach mine
Toronto-based Westfield Minerals, is expanding its exploration and mining activities to include a 35% interest in a large Chilean heap leach mine. Nearly four months after negotiations were first anno…
FUTURES PRICES (October 05, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct. — — 81.40 — Dec. 81.50 80.90 81.15 + 0.95 Mar. 80.00 …
Montreal Exchange Louvem makes deal
What got off to a promising start ended on a down note, with both the market portfolio and the mining and minerals index of the Montreal Exchange showing negative numbers during the latter part of the…
Alberta Stock Exchange Zahavy moves up (October 05, 1987)
A high grade gold discovery at Zahavy Mines’ wholly-owned Trout Lake property in northwestern Ontario made it the outstanding issue in an otherwise uneventful session. Trading on a volume of 66,700, i…
Report from Calgary Golden Rule et al discovery
What is the Saskatchewan formula to find a gold deposit? Find yourself a dog called Jasper and a talented prospector-partner named Richard Kuzmirski and put them in the La Ronge gold belt. The newest …
Busy Golden Rule to drill Dubuisson/Blindman bets
One of Alberta’s busiest exploration companies, Golden Rule Resources, has started drilling at two properties in Saskatchewan and Quebec. The Calgary-based company has over 33 exploration joint ventur…
QUERIES Maybrun Mines report, yet to be published
In the Feb 22/87 issue of The Northern Miner, you indicated that Consolidated Maybrun Mines may issue an annual report and start trading again. However, nearly six months later I still haven’t heard a…
Editorial Gold fever rages around the world
Gold fever, with the price of the yellow metal persisting at a relatively high level, is catching on these days pretty well all over the world. Just in the last few weeks, reports of a gold rush hav…
Revival of old gold mine studied by Chevron, B.Y.G.
Abruptly closed in 1969, the old Mount Nansen gold mine is now being looked at seriously by Chevron Canada and Vancouver-based B.Y.G Resources. From a distance it still looks like an operating mine an…