Acadia drilling Mooseland bet
So far, Acadia Mineral Ventures has lived up to the promises the company made when its shares were listed in Toronto last December. The company has raised $1.4 million and has two drills operating on …
News
Dickenson profit up
Dickenson Mines realized earnings before extraordinary item of $4.1 million or 36 cents per share in 1986. This compares to earnings of $1.7 million or 16 cents per share realized in 1985. After an …
Scintrex signs deal on exploration software
Scintrex has entered the software marketing business. Mineral exploration software, developed by Urquhart Dvorak, a geophysical consulting company in Toronto, and Noranda Exploration, the exploration …
Duration drilling Casa Berardi claim
A $600,000 drill program has been started by Duration Mines on its Casa Berardi area property. The drill program will concentrate on the gold-bearing porphyry shea r system which intersected visible …
Nortek invetsing in mining properties
Nortek Minerals, a subsidiary of Nortek Energy, has acquired interests in several mineral projects. These include a property near Kirkland Lake, Ont., and a placer gold play in Ecuador, South America….
Letter to editor President Reagan a victim?
Congratulations on your editorial on Canada-U.S. relations Jan 12. Do not be so hard on Reagan. He is only a wacky-minded ham actor at best. Well-heeled conservative business people spent billions to …
Augmitto plans a private placement
Augmitto Explorations has settled a form of agreement with Laurence Prust and Co. for a private placement to be effected with up to 12 institutional investors in England. The agreement calls for the i…
Chesbar, Murgold cut high grade
The first two rounds from drifting completed by partners Chesbar Resources and Murgold Resources have returned high grade gold assays. The work is being carried out on the Chester Twp., Ont., property…
Teck Corp. ups profit by 20%
Including for the first time its 50% share from the David Bell mine in Ontario’s famed Hemlo camp, Teck Corp. moved its profit ahead a healthy 20% to $6.5 million or 12 cents per share for the first …
Two gold-bearing zones uncovered at Radcliffe bet
Diamond drilling has encountered two gold- bearing zones at Radcliffe Resources’ Valley View massive sulphide prospect in California. The single drill hole was put down as a follow-up to five rotary d…
Market action in January enough to curl your hair
One only has to look at the numbers to see that this past January was a hair-curling month on the Toronto Stock Exchange. With 603.1 million shares trading hands that month, a new all- time record was…
Metals Report Platinum ready to rebound
Before the wheels fell off the platinum bandwagon earlier this year, the price of the precious-industrial metal reached as high as $670(US) per oz. Its slump to $460 was quick but it was far from pain…