News

Edda Resources was one of the few gainers in the holiday-shortened trading week. The issue added 3 cents to 45 cents . Edda is still working on getting listed on the Alberta Stock Exchange. Goldteck …

Torene Gold Exploration plans another 10,000 ft of drilling on its Harrington Cove gold property in Nova Scotia, following results of an initial 3,000-ft program that returned six intersections in fou…

Spirit Lake Explorations has raised $100,000 through the private placement of 58,825 shares at a price of $1.70 per share. There are warrants with this stock to purchase an equal number of shares at $…

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…

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…

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…

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…

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. …

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…

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 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…

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…