Dome budgets $2 million for Snoppy Lake project
A drill-indicated mineral inventory of 2.2 million tons grading 0.24 oz gold per ton has been established by Dome Exploration in two zones on the Snoppy Lake property north of Pickle Lake, Ont. Dome, …
News
Bachelor Lake improves grade
Above-average grades are being cited as the main reason behind the improved gold production at the Bachelor Lake Gold Mines property near Demaraisville, Que. For the third quarter ended Sept 30, the m…
Blue Moon project reserves increased
Ore reserves and grade have increased at the Blue Moon project in California, reports Imperial Metals Corp. President Pierre Lebel. Total probable reserves stand at 2.1 million tons grading 0.060 oz g…
COATS Trading Features (December 22, 1986)
Errington Industrial was changed into Goldteck Mines on a one for one share basis. The new company, Goldteck, continued trading at $1.25-$1.30. The company is exploring a gold prospect near Matachewan…
Grades higher than expected at NSR’s Rand Malarctic bet
Now that the underground drilling of the 67 Zone at the Rand Malartic Quebec gold property of NSR Resources has been completed, the company plans to have a revised ore reserve study completed by mid-J…
Editorial Halting insider trades not fully possible
In light of the Ivan Boesky insider trading scandal in the United States which rocked stock markets, the Ontario government — a leader in regulating Canadian securities — is going to tighten up its …
Wilco options N.S. property
Toronto-listed Wilco Mining has acquired an option to explore and, if feasible, to bring to production, a 960-acre gold prospect at Wine Harbour, near Sherbrooke, Guysborough, N.S. Wilco acquired the …
Letters to the Editor Golden Giant
I am disappointed that, in the Dec 8 issue of your newspaper, the Golden Giant mine (at Hemlo) did not at least get honorable mention in the leagues of big Canadian gold producers. Production here was…
Delbridge financing to fund exploration
Reactivated Delbridge Mines has received regulatory approval for a financing expected to net the company $315,000 when completed. The money will fund a follow-up exploration program on the company’s O…
Anomalous platinum assayed by Stockmen
Anomalous platinum values have been assayed following a reconnaissance geochemical survey of claims held by Stockmen Energy in the Ungava area of northern Quebec. Of 125 grab samples collected, 80 wer…
Toronto Stock Exchange Pre-holiday slump makes for dreary market
Wednesday close, Dec 17 Investors were feeling anything but festive, judging by the dreary market action this past week. The widely followed composite 300 fell 14.59 pts on the week, including a 2.25 …
Placer to drill on Colray’s N.W.T. claims
An exploration program including surface work and more than 9,000 ft of diamond drilling is planned for the 1987 field season on Colray Resources’ holdings in the Courageous Lake area in the Northwest…