Drilling on Coxheath claims
Coxheath Gold Holdings reports that 25 diamond drill holes have been completed on its Beaverdam property by operator Seabright Resources. Coxheath’s 22-claim piece of ground adjoins the Seabright Beav…
1986
Average yield (December 22, 1986)
The average stock yield on mining stocks on the Toronto Stock Exchange as compiled by Moss, Lawson & Co. on prices of Nov 28 is down 0.06% at 1.88%. Last month this group yielded 1.95% , while one yea…
Heap leaching course to be repeated
The Society of Mining Engineers (SME) will repeat the short course entitled Evaluation, Design and Operation of Precious Metal Heap Leaching Projects Feb 20-22 at the Radisson Hotel in Denver, Colo. P…
Queries Spirit recharging
I understand that Spirit Lake has acquired some property in the Wawa area. Please fill me in. D. H., London, Ont. Not much has been heard from Spirit Lake Exploration since the late 1970s, but it seem…
Madeleine arranges additional funding
Additional funding has been arranged for Madeleine Mines, which is developing a large paladium-platinum-nickel-copper deposit in the Lac Des Iles area of northwestern Ontario. The company reports that…
Roxmark drilling in Geraldton area
Drilling has started with two rigs on the Geraldton, Ont., holdings of Toronto-listed Roxmark Mines. Approximately, 10,300 ft of surface drilling is scheduled for completion by Feb 28, 1987, President…
Goldpost hits good hole in Timmins area gold bet
The Timmins, Ont., area, already stirred by the recent gold discovery of Syngold Exploration, is being further stimulated by drill results from another junior working in the area. Goldpost Resources r…
Petromet/RCI reach agreement
An agreement has been reached between Petromet Resources and Resource Capital International (RCI) whereby RCI will subscribe for 150,000 units of Petromet for a total price of $360,000. Each unit cons…
Quebec Explorers’ underground drilling could boost reserves
Quebec Explorers plans to spend $1.3 million for exploration aimed at increasing reserves on its Dubuisson Twp. property in northwestern Quebec from 440,000 tons grading 0.21 oz gold per ton already i…
Getty, Davidson launch program
A $2.6-million exploration program covering the balance of the 1986 flow-through year has commenced at the Tisdale gold project of Getty Resources and Davidson Tisdale Mines near Timmins, Ont. Getty h…
Goldstack and partners add to Dubuisson reserves
Drilling has added to reserves at the Dubuisson Twp., Que., gold project operated by Aumine Exploration for partners Goldstack Resources and Sullivan Mines. A 23,000-ft drill program completed this mo…
New research lab opened in Rouyn
A new mining research facility has been opened in the Abitibi- Temiscamingue region of northwestern Quebec. The facility is housed in the sciences department of the College de l’Abitibi-Temiscamingue …