1988


Flint Rock sinks six holes at Shabu

Six holes have now been put down by Flint Rock Mines on its leased Shabu Lake gold property, 43 miles east of Red Lake in northwestern Ontario. All intersected the main vein, with appreciable visible …


California Gold step closer to production

Pegasus Gold has completed an initial evaluation of the Zaca property in California, currently held by California Gold Mines of Vancouver. Under the terms of a memorandum of understanding with Califor…




Correction (January 11, 1988)

Drilling commissioned by Tamavack Resources and International Maple Leaf Resource Corp. on a Moss Twp. property in northwestern Ontario intersected 4.9 ft assaying 1.6 oz gold per ton. Incorrect core …


Goldpost leases Idaho gold bet

A well-financed tse listing which is currently developing a gold deposit in Ontario’s Hislop area, Goldpost Resources has now acquired a long-term lease on a former gold producing property in Idaho. T…


Queries Trans Columbia shares appear worthless

As a member of an investment group which owns shares in Consolidated Trans Columbia Industries Ltd., I would like to know what has happened to this formerly Vancouver-listed company. A couple of yea…


Vista gets flow-through

A $3.2-million flow-through financing has been completed by Vista Mines which will fund exploration work on the company’s Bootleg Lake property near Flin Flon, Man. A decline ramp on the Rio gold depo…


Canadians close in on $7-million gem collection

O A Montreal doctor has scored what may be regarded in mineralogy circles as one of this century’s major coups. After obtaining an option to buy one of the world’s finest privately-owned mineral colle…


FUTURES PRICES (January 11, 1988)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 140.00 130.50 140.00 + 3.65 Mar 123.00 117.30 122.90 — 0.10 May …


Grew Creek tops Noranda’s list

Described by some as the most significant gold find in the Yukon in many years, the Grew Creek discovery of Noranda Exploration and Golden Nevada Resources appears to be getting bigger. The latest res…


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