Queries Boston Bay platinum stake is big
I am now receiving my Northern Miner regularly and was sure glad to see that story on platinum. It will be helpful with my research as to investing in that metal. I hold some shares in Boston Bay Mine…
News
Stewart, Hughes/Lang win major PDA awards (March 09, 1987)
The Prospectors and Developers Association of Canada (PDAC) has named Merton Stewart as Prospector of the Year. Richard Hughes and Frank Lang have been named Developers of the Year. When Prasanta Sar…
Pioneer nets $15.75m. for Puffy Lake gold mine
Project financing has been secured by Pioneer Metals for its Puffy Lake gold mine, 45 miles northeast of Flin Flon, Man. Debt- free, and with $4 million in working capital (excluding the financing), P…
Moneta acquires a base metals deposit
Moneta Porcupine Mines has acquired a 15-claim property in Blondeau Twp., near Belleterre, Que. The claims include a deposit which was explored by Kelly Lake Nickel Mines years ago. More than 62,000 f…
Shallow drill holes intersect silver values, Lacana says
A series of shallow drill holes have been completed by Lacana Mining Corp. on the California Lake project, south of Bathurst, N.B. Partners include American Ore, Sparton Resources and Lynx-Canada Expl…
Contractor selected for ERG project
A management engineering group has been selected by ERG Resources, for the company’s $65-million gold tailings project near Timmins, Ont. Kilborn Ltd., an engineering consulting company, will complete…
Accelerated program set on Marigold gold project
The 8 South Zone of the Marigold gold project near Battle Mountain, Nev., will be the subject of an accelerated exploration program this year that will include a completed feasibility study, says Davi…
Seabright subsidiary fishes for gold in Nova Scotia
While fish is still considered Nova Scotia’s most valuable natural resource, Seabright Explorations is hoping to net a fortune in the province’s reactivated gold mining camp. At presstime a final pros…
Toronto Stock Exchange Golds lead Bay Street bull to even greater
The Bay Street bull has come down with a walloping case of spring fever and no one’s looking for a cure. The beast barrelled ahead 118.87 pts on the composite 300 this week, with more than half that a…
Golden Reward fight could be ended soon
An agreement in principle has been reached between the various parties involved in an ownership dispute over the Golden Reward gold project in South Dakota. Coin Lake Gold Mines says that all the part…
New gold zone for Snow Lake
A new gold zone discovery was recently announced by Snow Lake Mines on its Birch zone property located two miles from Snow Lake, Man. The new zone is approximately 4,000 ft north-northwest of the comp…
Malartic boosts income slightly
A net income of $l,896,478 (54 cents per share) was reported by Malartic Hygrade for 1986 compared with $1,892,747 (54 cents per share) for a year earlier. Cash flow from operations in 1986 was highe…