1988

American Barrick reports 31% jump in net earnings

The 31% increase in net earnings for American Barrick Resources (TSE) in the first nine months “reflects strong growth in production, a substantial increase in operating income and a higher averaged r…


Granges drilling on Giant Gripp

Drilling by Granges Exploration (TSE) on the Giant Gripp base metals deposit in Ontario has yielded one of the best intersections yet from that deposit. A Granges spokesman confirmed that the company …


Obituary (November 21, 1988)

George Goldak, president of Golden Marlin Resources, died suddenly in a recent accident in Saskatoon. He was 51. Born in Prince Albert, Sask., on Dec 12, 1936, Dr Goldak attended the University of Sas…


Editorial War Eagle woes

The story of War Eagle Mining is not over yet, but the behaviour of the company’s stock price over the past few weeks bears commenting on. The fate of the company’s property in southwestern Idaho ha…


Alberta Stock Exchange Scotia Prime a mover

An exploration program undertaken by Golconda Resources at its Morning Glory gold property in Idaho continues to hold the attention of Alberta investors. As news spread that Golconda is mobilizing a d…




Cannon Mine Boosts Breakwater’s Earnings

Forward sales and higher grades of ore processed at the Cannon mine contributed to a substantial increase in net earnings for Breakwater Resources (TSE) for the nine months ended Sept 30. The company …


Canaustra Gold acquires China First shares

Canaustra Gold (VSE) has agreed to acquire 1.2 million shares of China First Capital (VSE) and will receive 600,000 share warrants exercisable for one year into common shares of China First at 80 per …


Rockford, Ranger plan amalgamation

Rockford Minerals (TSE) has agreed in principle to amalgamate with Northern Ranger Minerals (ASE). The terms of the merger are one common share of the new company for each Rockford share held and thre…


Silverside, LAC build up tonnage

Encouraging drilling results from the Garrison gold property in northeastern Ontario have been released by Silverside Resources (TSE) and program manager LAC Minerals (TSE). WidthGrade Hole (ft) (o…


Louvem financing

The issue of rights to its holders of common shares for the sub- scription of flow-through shares amounting to $1.3 million will not proceed, Louvem Mines (TSE) reports. Instead, the company has accep…


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