37 cents per share for the third quarter of 1986 resulting in consolidated net income of $2,259,000 or 52 cents per share for the 9-month period ended Sept 30. Net earnings for the same periods in 1…
The Spaniards were the first to mine gold commercially in the South American country of Colombia which is probably best known as a coffee exporter. But today, modern placer mining techniques are recov…
Mother Nature did a magnificent job concentrating the gold mineralization at Canamax Resources’ Ketza River project. And despite periods of heavy glaciation, she didn’t disturb the underlying oxide zo…
A 26,000-ft diamond drilling program is being considered by partners Bresea Resources and Ayrex Resources on their equally held 324-claim property in Desmazures Twp., Que. Located north of Joutel, the…
Wednesday close, Oct 29 A sluggish market this week saw the widely followed composite 300 mean der a few points here and a few points there. Today it was off 0.77 pts for a close of 3,011.82. While t…
Western Quebec Mines plans to go underground next year on its Joubi property near Val d’Or. The project will be financed by Oracle Exploration Inc., a new company based in Montreal that has taken out …
The construction of the flotation mill on Rhyolite Resources’ Texada Island property in the Nanaimo division of B.C. is on schedule and should be completed by mid-to-late November, reports Chairman Jo…
Flow-through share financing for mineral exploration is part of a broad review on tax policy being undertaken by the Department of Finance, Federal Finance Minister Michael Wilson has confirmed. The f…
Securities Commission for a public financing to raise $1,350,6000 to fund exploration activity on its Lac Fortune West property near Rouyn, Quebec.
Shares of Nevada Goldfields Corp. were posted for trading on the Tor onto Stock Exchange on Oct 28. Based in Vancouver, B.C., this company has interests st in three precious metals properties under d…
share-for-share basis.
The Saskatchewan Mining Development Corp. has submitted a mining proposal to federal regulators in Ottawa to approve the start of a test mine entry at about this time next year on the high-grade urani…
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