Briar gets values
A five-hole drill program completed by Newmont Exploration on proper ty held by Eider Resources and Golden Briar Mines, has intersected encouraging gold values. The claims are located in Estrees Twp.,…
Articles by Northern Miner Staff
Atlantic Report: Jascan Focuses on N.S. Gold Bets
Jascan Resources of Toronto is taking a closer look at two of its No va Scotia gold properties. The company has commenced a 2,500-ft drilling program on its Indian Path claims in Lunenburg Cty. and wi…
Franklin Resources has changed its name to European Original New (November 24, 1986)
Seltzer on a share-for-share basis.
High grade silver assayed by Lacana
More high grading silver assays have been received by Lacana Mining Corp. from the company’s joint ventured California Lakes property, 25 miles southwest of Bathurst, N.B. Partners in the project incl…
Toronto Stock Exchange: Investors not smiling as market dips below
Wednesday close, Nov 19 We hear there’s a new disease running rampant on Wall Street these days on the heels of the Ivan Boesky insider trading scandal in New York. It’s called RAIDs and it stands for…
Regal Goldfields President Douglas E. Bannerman says that since the (November 24, 1986)
company is once again current regarding its filings, an application has been made to the Ontario Securities Commission to rescind the cease-trading order against the company.
Drilling underway on Tartan Lake joint venture
The exploration decline at Tartan Lake has now reached a distance of 2,400 ft and is at a vertical depth of 360 ft. The project, a joint venture of Granges Exploration and Abermin Corp., is reported o…
Seadrift International has reached an agreement to earn a 49% (November 24, 1986)
Nuinsco Resources’ Aldermac massive sulphide and gold prospect about eight miles west of Noranda, Que. Seadrift must spend $1 million on the property by early 1991 to earn its interest.
Vancouver Stock Exchange: Sliding gold prices not severe
Wednesday close, Nov 19 The impact of lower gold prices on the Vancouver Exchange was probab ly less than expected because non-resource stocks are beginning to play a larger role in the market. Thi…
Falconbridge regains platinum firm investment
Caught in something of a bind, Falconbridge Ltd. has regained its or iginal equity investment (49%) in Western Platinum, a South African producer of platinum group metals, as well as of gold, nickel, …
Cominco completes drilling on vanstates gold bet
Cominco recently completed approximately 6,000 ft of drilling on its Telgar property which falls under an option agreement with Vanstates Resources. Located in Ontario’s Harker- Holloway region, the a…
People (November 24, 1986)
ARGYLL ENERGY — Gary A Tahmazian appointed chief operating officer in addition to his duties as president; James W. Beckerleg elected chairman succeeding Jack B. Whitely who has resigned as chairman …