News


COATS Trading Features (March 02, 1987)

Cleyo Resources, which is performing exploration on several properties in Ontario, traded at a new high of $2.90. The issue closed at $2.80-$2.90. Chance Mining & Exploration was also active, trading …


Research

Searching for Signatures: Evidence for the magmatic origins of gold ** Tired of looking for gold deposits in the heavily explored camps of the Precambrian Shield? Well, consider moving outside the na…


EXPLORATION ’87 HUGHES-LANG

The fast-moving, gold-oriented Hughes-Lang Group of Companies kept its corporate growth- through-gold strategy well in place during 1986. The schedule for exploration and anticipated production in 198…


EXPLORATION ’87 GOLD FIELDS

Consolidated Gold Fields of London, England, conducts exploration in North America via two wholly- owned subsidiaries — Gold Fields Canadian Mining in Canada and Gold Fields Mining Corp. in the U.S. …


Where to explore

The location of an orebody should be given a lot of attention when you go out looking for a mine. Development and operationg costs are different in each Canadian region. The philosophy of mineral expl…


Depressed year for iron ore

Iron ore consumption in the United States during 1986 fell more than 13% from the previous year, the American Iron Ore Association (AIOA) reports. In Canada, consumption fell 5.5%. Consumption in the …


CORE SHACK Scotian Gold: The Beaver Dam Deposit

Beaver Dam, a gold-bearing quartz vein system within sedimentary rocks of the Meguma Group, 82 km north east of Halifax, N.S., contains proven and possible ore reserves of 2.7 million tonnes grading 9…


Funding in place for milling plant

A private placement for McFinley Red Lake Mines of 600,000 shares worth $1.8 million for construction of a milling plant and to provide working capital has been completed, Kleinwort Grieveson Securiti…


Camreco raises exploration funds

Toronto-listed Camreco Inc. has entered into an exploration agreement with MVP Exploration (1987) and Co. Ltd. Partnership and Deliberations Management (1987) Ltd. pursuant to which the Limited Partne…


Cream Silver drills platinum prospect

A $150,000 diamond drilling program is under way on the Lac des Iles platinum property controlled by Cream Silver Mines. The Lac des Iles area is located north of Thunder Bay, Ont. A large tonnage low…


Vancouver Stock Exchange (March 02, 1987)

The agreement by major industrialized nations to halt or at least control the fall of the U.S. dollar should have been bad news for gold. But Brazil’s decision to suspend payments on its international…


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