Montreal Exchange : New-look Massval rises
Wednesday close, Oct 8 A deal to buy into a promising high-grade gold deposit pushed Massval Resources to 45 cents , its highest level in five years, as it traded a hefty 1,399,000 shares before closi…
News
Over the Counter Trading Features (October 13, 1986)
Several issues were stronger this week, reflecting improvements in precious metal prices. On the platinum front, Boston Bay Mines, which controls the Lac des Iles platinum/palladium deposit north of T…
Zenmac Zinc makes bid for shares of Vestgron
One asset the international consortium headed by Teck Corp. may not b e inheriting when it closes its deal later this month with Canadian Pacific to purchase 31% of Cominco Ltd. is the latter’s 62.5% …
Campbell Red Lake top all-round mine
Not many gold mines in this country have turned out over $1 billion from 10 million tons of ore. And with a long, long life still ahead of it, there is an excellent chance that Campbell Red Lake Mines…
Correction (October 06, 1986)
The Centre for Mineral and Energy Technology (canmet) did not help develop cyanide recycling technology being marketed by Cy-tech Inc. of Mississauga, Ont. as was stated in a story last week. The tech…
Alberta Stock Exchange Conquest takes jump
Wednesday close, Oct 1 Trading this week on the Alberta exchange slid below last week’s level, with 5,096,200 shares traded in the latest period. One of the hottest stocks on the Alberta board was Con…
Lac, Cambior to double mill capacity at Doyon
There’s going to be a lot more ore coming from the Doyon gold mine in northwestern Quebec, the underpinning of two major mining companies, so management has decided to spend $16 million to double mill…
Lacana and partners make silver discovery in N.B.
A surface prospecting program carried out by Lacana Mining Corp. and members of the M.E.X. joint venture in New Brunswick, has led to the discovery of a mineralized zone rich in silver. The partners, …
Borealis hits good grades in virgin greenstone belt
Drilling by Alberta-listed Borealis Exploration on the so-called south zone near Fat Lake in the Keweetin District of the N.W.T. has intersected a 15-ft section grading 0.71 oz gold per ton which incl…
Gold ’86 big success
More than 1,400 geologists and mining industry representatives from around the world converged on Toronto for Gold ’86; a symposium on the geology of gold deposits. The organizers were especially plea…
Errington in deal with Teck Corp.
Errington Industrial Enterprises says it has agreed to purchase the past-producing Stairs mine, in Midlothian Twp., Ont., from Regal Goldfields The deal, which is subject to shareholder approval, will…
Canper sampling its rich silver deposit
A sampling program is under way on the Eduardo zinc deposit controlled by Canper Resources. Located in Peru, the deposit, although small in tonnage, hosts high grade zinc mineralization. Estimated res…