Alberta Stock Exchange Goldhunter Soars
An option deal between Goldhunter Expolorations and Gallagher Explorations provided a shot in the arm for the former company, as it surged to a new high of 90 cents before correcting to 73 cents on …
1986
AIGUEBELLE makes new hold discovery near Vezina mine
Aiguebelle Resources has made a new gold discovery on a previously unexplored part of its wholly-owned Bassignac Twp. property in northwestern Quebec about two kilometres southeast of its Yvan Vezina …
Editorial Don’t move the OGS
The following is extracted from a letter from Professor C. Jay Hodgson, professor of mineral deposits geology, Queen’s University, Kingston, to Premier David Peterson, acting minister, Ontario ministr…
Holt-McDermott mine project gets green light from Barrick
The Holt-McDermott gold project has been flashed a green light by American Barrick Resources Corp. Located 30 miles north of Kirkland Lake, Ont., the new mine will pour almost 100,000 oz of gold per y…
Underground work for Eureka Resources
Underground test work including bulk sampling is planned by Eureka Resources for its Frasergold precious metals property in 1987. The company claims that a large diameter drill program this year upgra…
Deak, major shareholder in Toronto-listed Wilco
One of the oldest companies on the Toronto Stock Exchange has just received a financial shot-in-the- arm that will help accelerate its pace of exploration activity and property acquisition. Wilco Mini…
Johnson Matthey predicting ’86 platinum supply shortfall
Johnson Matthey, a British- based precious metals refiner and manufacturer, expects the supply of platinum to fall 60,000 oz short of demand in 1986, according to its 1986 interim review of the indust…
Editorial Fix flow-through’s Achilles heel
The following guest editorial from the Prospectors and Developers Association of Canada is based on a brief on flow-through share financing presented recently to the Minister of Finance in Ottawa. The…
Letters to the Editor Harry Oakes
Regarding Harry Oakes, referred to in a page 1 story in the Dec 1 issue of The Northern Miner, titled Mining’s unique practices questioned at Lac appeal. He was not murdered in Bermuda. He was murdere…
Cambior options Siscoe property from Maufort
Cambior has taken an option on Ressources Maufort’s Siscoe property in northwestern Quebec’s Val d’Or area. Cambior, which will act as operator on the project, can earn a 50% interest by completing tw…
Coxheath shares up on drilling news
Drilling on its Beaverdam property may be the reason behind the recent market activity in Alberta- listed Coxheath Gold Holdings Co. President Michael Riddell says gold-bearing zones have been interse…
Gordex adds to pit’s potential at Cape Spencer
Results from the first seven holes of a 29-hole drill program on Gordex Minerals’ Cape Spencer heap leach gold mine property in New Brunswick indicate good potential for increasing open pit ore reserv…