Camindex, Dundee reach agreement
An agreement whereby Camindex Mines could earn a one-third interest in the properties of Dundee-Palliser Resources in the Casa Berardi area of Quebec in exchange for expenditures of $1,340,000 to be i…
News
Cove acquires claims adjacent to Skyline find
Cove Energy Corp. has acquired three claim blocks, totalling 47 units, adjacent to the Skyline Exploration gold discovery property in northern British Columbia. President Richard N. McRae says Cove ha…
Giant Yellowknife to retreat tailings
Work on the retreatment of mine tailings at its Yellowknife location in the Northwest Territories will proceed, says Toronto-listed Giant Yellowknife Mines. Highlights of a recent directors meeting in…
Alberta Stock Exchange Southgate a mover
Formerly known as Southgate Resources, Consolidated CBA Corp. was the big mover on the Alberta board in the review period, trading 861,800 shares to gain 4 cents to 24 cents a share. The company hol…
Falconbridge reorganizes its exploration group
A major reorganization of its Canada-wide exploration group has been put in place by Falconbridge Ltd. A principal thrust of the reorganization, the company’s vice- president exploration, M. J. Knucke…
Write Wilson – help save flow through
What would happen to you, your family and your business should Finance Minister Michael Wilson decide to cancel flow- through financing? As Minister of State (Forestry & Mines) Gerald Merrithew told T…
Torene drilling (March 16, 1987)
Torene Gold Exploration says it has two drill rigs on its Harrington Cove property in Halifax Cty., N.S., working on a 10,000-ft phase 2 drilling program. Torene says drilling is confined to the MacLe…
50,000 initially Granges, Abermin getting up steam on Manitoba’s
Construction work on surface facilities continues uninterrupted as underground development nears the Main zone deposit at Granges Exploration’s Tartan Lake project near Flin Flon, Man. The drive into …
Major talc deposit found in Quebec’s eastern twps.
Asbestos miners in Thetford Mines may soon have a new mine in their unemployment-stricken area of Quebec’s eastern townships. Carey Canada Inc., which shut down its asbestos mine in the area, has disc…
Novamin targets $8m. for Ontario/Quebec bets
Following the completion this month of a $12.4-million share offering by Novamin Inc., the mineral explorer will be essentially debt free and busy with an $8-million exploration program. A large part …
Jascan scoops Colorado bet
Another big U.S. company, U.S. Borax & Chemical Corp., has decided to get out of the mining business. In a deal scheduled to be closed this month, Jascan Resources Inc., a Toronto-based junior, has ag…
Cinola deposit on Queen Charlotts could produce 160,000 oz by 1989
Reno Calobrigo sells salami and cheese in Vancouver. Late last year he was also president of Consolidated Cinola, a Vancouver and nasdaq-listed exploration company which now, under a new name City Res…