Maufort drilling (December 29, 1986)
The first phase of drilling by Resources Maufort on the Siscoe Extension property near Val d’Or, Que., has confirmed the presence of two distinct gold-bearing hirizons and a major fault zone, the comp…
News
First gold production from Grandview’s Carson Hill mine
The first gold pour has taken place at Grandview Resources’ Carson Hill project, 120 miles east of San Francisco, Calif. The dore bar contained 254 oz gold, says the company. Grandview forecasts 1987 …
Maclan changes name
The name of Maclan Exploration has been changed to Can-Mac Explorati on on a share-for-share basis. At the company’s Davis Twp., Ont., property near Sudbury, stripping and trenching work will be follo…
Teck seen recession-proof with cash flow, profit report
The true measure of an individual is best determined under fire, an analogy that is probably more applicable to Teck Corp. than any other Canadian mining company. No matter how hard you look, you simp…
Hudson Bay to redeem debentures
Hudson Bay Mining and Smelting plans to redeem its 9% debentures mat uring on June 15, 1991, and its 10.5% sinking fund debentures maturing on Dec 15, 1995. The redemptions will be made at 101% of the…
Experimental work by Mosquito Creek
An experimental mining program is under way at the Mosquito Creek Gold Mining property in the Wells- Barkerville area of B.C. The work follows closely the termination of its option agreement with Hecl…
Vancouver Stock Exchange Settlement date unsettling
There might be a little “Christmas Cheer” on the floor of the Vancou ver Stock Exchange but it’s not because the market is all that positive. Despite the pressure of Christmas shopping, investors stil…
Letters to the Editor Pamour success
I read the article on Pamour’s heap leaching test in the Dec 1 issue of The Northern Miner with great interest. My congratulations to them on their initiative and foresight in utilizing this technolog…
Norben drilling on Pan Empire extends structure
Norben Gold Resources, a private company 50% owned by Ateba Mines, h as intersected some good values on its Pan Empire project near Beardmore, Ont. Results from the first 2,225-m of drilling in the on…
Appeal court orders new trial into Belmoral deaths of 1980
There was good news and bad news at Belmoral Mines’ annual Christmas party in Val d’Or, Que. The good news was the company’s first anniversary out of receivership: the bad news was a Supreme Court of …
Big Comstock block goes to new group
Control of Comstock Keno Mines is expected to pass to a financial co mpany by year-end. Stamford Bridge Capital Corp. plans to acquire a 28.5% interest in the inactive mining company. The acquisition …
COATS Trading Features (December 29, 1986)
The share price of Comstock Keno Mines, a long inactive company, con tinued to trade in the 37 cents -40 cents range. The company is being reactivated by a financicl company which has plans to seek a…