Syndicate finds platinum near Schefferville
A private company believes it could have a major platinum discovery in the Labrador trough area north of Schefferville, Que. Assays from the first half of about 2,000 samples taken by La Fosse Platinu…
News
Silverside cuts gold values in Garrison Twp.
Ore-grade gold mineralization has been encountered in three drill holes put down in an initial program on Silverside Resources’ Garrison Twp. property in northeastern Ontario. President Leith Hellens …
Drilling confirms Minefinders’ zone (September 29, 1986)
Initial drilling on Minefinders Corp.’s Eqst Group property in northwestern Quebec’s Dubuisson Twp. has confirmed the presence of a major gold-bearing shear zone with values ranging up to 0.24 oz gold…
Toronto Stock Exchange Market pulls out of tailspin to fly above 3,
Wednesday close, Sept 24 The market managed to regain some lost ground afterlast week’s tailspin to below the 3,000 pt level. Today with over 18 million shares changing hands, the widely followed com…
Flow-through offer made by augmitto
Augmitto Explorations has received final receipt from the Quebec Securities Commission for a prospectus offering in Quebec. If completed, the offering will raise a minimum of $2.5 million and a maximu…
Mazarin options Wilco property
Mazarin Inc. has concuded an agreement with Cambior Inc. and Noranda Inc. to acquire an interest in the Wilco property one mile east of Rouyn- Noranda in northeastern Quebec. The project has considera…
Montreal Stock Exchange Cambior still climbing
Wednesday close, Sept 24 What was a little-known group of assets owned by the Quebec government just months ago is fast becoming one of Quebec’s premier gold issues. This week Cambior was, once again,…
News in Brief (September 29, 1986)
Canada Tungsten has changed its transfer agent to Montreal Trust Co. of Canada.
New zones spotted on Peralto gold bets
Peralto Resources says it has located three zones of intense silicification, with characteristics similar to known mineral bodies in the Toodoggone gold area, on the company’s holdings in the northern…
Alberta Stock Exchange La Ronge boosts Claude
Wednesday close, Sept 24 Trading this week on lthe Alberta exchange was on the uptick with 6,366,200 shares changing hands. Claude Resources Inc., which is working with major Placer Development on a p…
Reject settlement at Horne division
Noranda Minerals’ Horne Division said early in the week its employees, members of the Confederation of National Trade Unions, CNTU, had voted 66% in favor of rejecting a proposal for settlement recomm…
Placer reduces office staff in Vancouver
Placer Development has announced a review of the organization and staffing of its principal office in Vancouver. The review was carried out in recognition of the continuing need for cost effectiveness…