News

Portfield options Beardmore ground

Portfield Industries of North Bay has optioned a 57-claim property in Sandra Twp. near Beardmore, Ont., to Bay Resources. Bay can earn a 70% interest by spending $600,000 by early 1988. About $200,000…



Golden Briar has gold values

Golden Briar Mines says two of the holes drilled in a new wide disseminated sulphide zone in Estree Twp., Casa Berardi, Que., intersected anomalous gold values up to 0.024 oz gold per ton. Drilling is…


Torene awaits drill results (September 29, 1986)

October on the Harrigan Cove property held by Torene Gold Exploration. Located in Nova Scotia, the property covers most of the Harrigan Cove district which produced 7,943 oz of gold from 13,778 tons o…


Cominco/Jonpol encouraged with Garrcon exploration

Based on work completed last September, Cominco Ltd has recommended that additional exploration work be performed on the company’s Garrcon property held in joint venture with Jonpol Explorations. Loca…



Goldhunter plans to acquire private firm

A takeover bid has been made by Goldhunter Explorations to acquire 90% of a private company. The main asset of the private company is a 40-claim property near Beardmore, Ont., which adjoins claims hel…




Report from Calgary Cdn N.W. betting oil will rise

Based on a belief that there will be a return to rising oil prices b y the end of this decade, Canada Northwest Energy is taking advantage of the present depressed state of the petroleum industry by o…


Books (September 22, 1986)

So You Want a Fight: Shareholder Rights and Remedies in Canada, 1st Edition, 1986 by Henry J. Knowles, Pamela Chapple and Tye Burt. ISBN 0-88796 366 8, 246 pages, heavy paper cover, $16.95. CCH Canadi…


People (September 22, 1986)

GLAMIS GOLD — Andrew Milligan, president and James Carter, vice-pres ident and chief financial officer, have resigned.


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