Beaufield drilling cuts mineralization
Gold mineralization has been intersected by diamond drilling on the Douay Twp., Que., property controlled by Beaufield Resources. Located east of Joutel, the property covers a geological sequence know…
1987
Investment Comment Overlooked Hycroft Resources offers capital
Amidst the plethora of new up-and-coming heap leach situations, Hycroft Resources and Development Corp. appears to have been overlooked. Considering the production and earnings projected for 1988, its…
Mastt results on B.C. gold bet
Preliminary assay results have been reported by Mastt Resources from two drill holes on the company’s mineral claims in the Quesnel mining division of British Columbia. Hole No. 9 returned intersectio…
Rio to manage tin project for Kemptville bank group
The East Kemptville tin project will continue to be managed by Rio Algom on behalf of the East Kemptville Tin Corp., which is owned by the banking group that provided financing for the project. The Ea…
Skeena,Tenore and Noranda on Maggie Creek bet
Vancouver-listed Skeena Resources and Tenore Oil & Gas have entered into a project engagement agreement with Noranda Exploration regarding the 62,000-acre Maggie Creek gold prospect near Eureka, Nev. …
1986 Range Tables
Next week’s issue will include complete range tables of all 1986 trading in the shares of mining companies listed on the Toronto, Vancouver, Montreal and Alberta stock exchanges, together with high-lo…
Petromet, Greenstrike work on Onitap’s Nova Scotia bet
A $300,000 exploration program is slated for Toronto-listed Onitap Resources’ Nova Scoita mining properties to be completed by Feb 28, 1987. The 37 contiguous claims which include four former gold pro…
Power cuts gold values on 3 Pickle Lake-area properties
Power Exploration has obtained some encouraging gold assays on properties adjacent to two of northwestern Ontario’s significant recent gold discoveries. In the Pickle Lake area two new gold zones have…
Annual Cordilleran
The Fourth Annual Cordilleran Roundup will be held at the Hotel Vancouver over a 3-day period beginning Jan 26, 1987. It will include reviews of field work carried out by provincial and federal agenci…
Editorial Scratch CIDA, save $2 billion
It seems that one hand of government does not know what the other is doing. Finance Minister Michael Wilson has told his provincial counterparts that the federal government is under severe pressure to…
N.W.T. Mining outlook encouraging for 1987
Mining in the NWT should continue to chart a steady course through 1987, says David Nutter, general manager of the Northwest Territories Chamber of Commerce. And, he says, gold will largely be respons…
TGDG seminar
The Toronto Geological Discussion Group will be host at a seminar entitled The Canadian Cordillera: its geology, its gold deposits, and its relevance to exploration geologists in Toronto. Scheduled fo…