News

Madeleine cuts platinum values (September 15, 1986)

Drilling by Madeleine Mines on the company’s optioned Lac des Iles platinum-palladium deposit has cut an 80-ft section grading 0.2 oz platinum group metals per ton. Ratios previously supplied by the c…


Montreal Exchange Senior issues busy and better

Wednesday close, Sept 10 The Montreal Exchange may be keen to publicize the number of new junior issues that have gained listings in the past few years, but it looked like the staid old ME of old this…


Inco increases ownership of Fort Knox

A deal has been made between Fort Knox Gold Resources and Inco Limited which will increase that latter’s control over the junior company and see a large gold property explored this fall. Fort Knox can…


Tyler gets option on Golden Rule claims

Tyler Resources has acquired an option to earn a 45% interest in two claims blocks controlled by Golden Rule Resources. Located near La Ronge, Sask., the properties cover geology favorable to hosting …


Mine share trading rises at Toronto Stock Exchange

Dollar value of trading in mining shares on the Toronto Stock Exchange in August increased to $570.3 million, a dramatic 102.7% increase over the $485.8 million traded in July. Share volume in mining …


American Platinum busy at Lac des Iles properties

Exploration work is under way on the platinum properties held by American Platinum Inc. in the Lac des Iles area, 50 miles north of Thunder Bay, Ont. Linecutting, geochemical and geophysical surveys a…


DOME GROUP RESTRUCTURES U.S.INTERESTS

Dome Mines, Campbell Red Lake Mines and Sigma Mines (Quebec) plan to restructure their gold interests in the United States. Campbell will buy Dome’s and Sigma’s indirect interests in the Dee gold mine…


Aur has profit

Aur Resources, which has budgeted $18 million for exploration and development work this year on six properties, reports net income of $314,032 for the nine months to June 30, equal to 4.4 cents per sh…



Goldcorp value (September 15, 1986)

The net asset value per class A share of Goldcorp Investments as of the close of business Thursday, Sept 4 amounted to $10.32 . The closing market price on the Toronto Stock Exchange for that day was …


Hemlo study

Question on Hemlo. How best to deal with the human services, (housing, health, recreation, etc.) in the communities most affected by the Hemlo gold boom? To help the companies, the communities themsel…


Flanagan McAdam now underground at Mishibishu Lake

Underground work has started at Flanagan McAdam Resources’ Magnacon gold property in the Mishibishu Lake area of northern Ontario. Flanagan holds a 50% interest in the property while associated compan…


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