Cinola looks to develop big B.C. gold producer
Some gold deposits are like old soldiers — they don’t actually die but just fade away] This was certainly the case with the Consolidated Cinola deposit in the Queen Charlotte Islands which until rece…
News
OGS open house set for Dec. 3-4
The Ontario Geological Survey will hold its ninth annual geoscience research seminar and open house Dec 3-4, in the MacDonald Block at Queen’s Park, Toronto. The event will feature papers on geoscienc…
Tanqueray funded for exploration
Following the completion of a $750,000 flow-through share financing, Tanqueray Resources is well funded to perform exploration on a large portfolio of mineral properties. Beginning this month, the com…
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.,…
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…
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…
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.
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…
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.
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 …
Hudson Bay Mining and Smelting Co. has declared a dividend of 1 (November 24, 1986)
its Special shares payable Dec 1 to shareholders of record Nov 28.