Jonpol drilling on Linton/Brydges bet
Drilling has started by Jonpol Explorations on its 100% optioned Linto and Brydges property in the Garrison Twp. area of Ontario. The property is located to the east of Jonpol’s Garrcon joint venture …
News
Report from Calgary: Calpine completes its sampling program
A trenching and detailed chip sampling program has been completed on the DD Zone, within the boundaries of the Eisler Lake claim blocks of Calpine Resources Inc. The property is located 90 miles north…
Additional drilling planned by Hector
An additional 1,000 ft of drilling is planned for Hector Resources American Flag property in Arizona. The drilling follows encouraging results acquired from a five hole program which tested sections o…
Brenda has loss in third quarter
Brenda Mines reports a third- quarter net loss of $2.8 million or 61 cents a share, on revenues of $11.6 million. The company reported a third-quarter loss last year of $3,076,000, but notes results f…
Duration cuts VG in first drill hole
Visible gold has been cut in a drill section completed by Duration Mines on the company’s large Casa Berardi area property in Quebec. Three of seven holes intersected quartz veining associated with a …
Over-the-Counter Trading Features (November 17, 1986)
Several issues made good gains on the over-the-counter markets this week. Hucamp Mines traded up to $1.50. Noranda, which has Hucamp’s Manitouwadge, Ont., property under option, has encountered sulphi…
Teck moves with speed on Cominco takeover borrowing
Teck Corp. has moved quickly to eliminate the short-term bank borro wings it required for the takeover of Cominco. The company will place 1.75 million units in Europe which should net about $60 millio…
Mineralization at Tommy Jack project
Gold-silver mineralization has been encountered on the Tommy Jack property in northwest B.C. by joint venture partners Goldcap Inc. and Noranda Explorations. This mineralization was encountered in a s…
International flavor to Echo Bay new issue offering
A common share offering, with an international flavor, has been announced by Edmonton-based Echo Bay Mines, the proceeds of which will go to help finance its acquisition of Tennaco’s North American go…
Third-quarter profits helps but Pine Point into the red
Although Pine Point Mines posted a healthy $5.2-million profit in the third quarter, the picture for nine months was less than satisfactory. A loss of $4.6 million was reported, compared to a profit …
Editorial: Fleeing Canada’s “economic mess”
In a brilliant coup which startled this country’s financial district s, one of Canada’s top developers, Robert Campeau, single- handedly gained control of Allied Stores Corp., a huge U.S. store chain….
Big institutions behind Resource Capital Intl.
Take 45 of the largest financial institutions in the world, add almost $40 million in capital — loose change for the big players — and you get Resource Capital International (RCI). Bermuda-based in …