People (December 29, 1986)
SKYLINE EXPLORATIONS — Norman Anderson appointed to the board of directors.
1986
Moneta completes flow-through offer
A first closing on a flow-through share offering by Moneta Porcupine Mines will raise $1 million for the company. The funds will finance exploration on several properties held by the company. In Micha…
First-phase work is completed on Golden Triangle bet
A first-phase exploration program has been completed on the Lac Storm property in northern Quebec which is the subject of a joint venture agreement between Golden Triangle Mining Exploration and Sever…
News In Brief (December 29, 1986)
Wharf Resources plans a financing in January by offering units to th e public, each unit to consist of exchangeable preferred shares and common share purchase warrants.
St. George seeks private placement to start gold mine
St. George Minerals says a private placement is being arranged to bring the company’s Fisher gold project into production in 1987. The property is 1.5 miles northeast of its Dean mine property in Neva…
Terramar progresses at Calif. gold mine
The dewatering phase of the exploration program at the Reid mine pro ject near Redding, Calif., is well advanced, reports Terramar Resource Corp. President Louis P. Starck. So far, some 220 ft of the …
Toronto Stock Exchange Investors take breather on quiet holiday
With investors taking a breather over the holiday period, the market ends this short Christmas week on a quiet note. At noon the widely followed composite 300 was off 1.91 pts to 3,042.66, but that’s …
Two underground programs give Muscocho good results
Muscocho Explorations says the ramp on the Magino gold project north of Wawa, Ont., has been completed to a depth of 200 ft and a crosscut has been driven for 600 ft across the gold-bearing formation….
Imperial Metals to sell interest in uranium venture
Imperial Metals Corp. says for $1,750,000 it will sell a 10% partici pating interest in the company’s Saskatchewan Wheeler River uranium joint venture. Imperial says the transaction would result in a …
Our Man of the Year
Walking through the Toronto offices of Selco, the minerals division o f BP Canada Inc., one gets a nagging suspicion that many eyes are following you. On closer examination, one’s suspicions are prove…
Accelerated exploration program ready to roll at Lingman Lake
Drilling should begin this winter on a little-known gold deposit in northwestern Ontario held for many years by Twin Gold Mines. Located near the Manitoba border, east of Gods Lake, the property at Li…
Montreal Exchange Syngold backs off
After setting new highs for the past two weeks, Syngold Exploration came back down to earth with a thud this week. Once again it was the most active trader on the Montreal Exchange with 1,117,600 shar…