Gold output tumbles at Galactic project
The production shortfall at Galactic Resources’ Summitville gold project in Colorado is having significant impact on the company’s share price. Galactic recently reported that November production was …
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Bighorn diamond drilling at Island Lake property
Diamond drilling is under way at the Island Lake gold property of Bighorn Development Corp. Crews are also rehabilitating the abandoned shaft on this northern Manitoba property. The crew has already r…
Owl Creek West results awaited
It seems that just about everyone is waiting for additional drill results on the Owl Creek West project including partners Syngold Exploration and Kidd Creek Mines. At press-time, there were no furthe…
Terramar progresses on California mine
Terramar Resource Corp. confirms that dewatering of its Reid mine in California is well advanced. The program commenced in mid-July and included exploration work for vertical and lateral extensions of…
Work under way on Troymin bets
Field work is under way at several of Troymin Resources’ properties, including its Babine Lake Silver prospect in B.C., its gold prospect at Tabor Lake near Dryden, Ont. and at a newly optioned gold b…
At Feasibility stage on Abermin gold bet
Exploration work is continuing at Abermin Corp.’s Tartan Lake project near Flin Flon, Man., which falls under a joint venture agreement with Granges Exploration. According to Roger P. Taylor, Abermin …
Cons. McKinney acquires interest in Wyoming mine
Consolidated McKinney Resources has picked up a 50% interest in the Carissa mine, a gold prospect in Wyoming with a modest production history. The mine produced about 11,500 oz gold prior to its closu…
Drilling on Coxheath claims
Coxheath Gold Holdings reports that 25 diamond drill holes have been completed on its Beaverdam property by operator Seabright Resources. Coxheath’s 22-claim piece of ground adjoins the Seabright Beav…
Average yield (December 22, 1986)
The average stock yield on mining stocks on the Toronto Stock Exchange as compiled by Moss, Lawson & Co. on prices of Nov 28 is down 0.06% at 1.88%. Last month this group yielded 1.95% , while one yea…
Heap leaching course to be repeated
The Society of Mining Engineers (SME) will repeat the short course entitled Evaluation, Design and Operation of Precious Metal Heap Leaching Projects Feb 20-22 at the Radisson Hotel in Denver, Colo. P…
Quebec flow-through cut causes mixed reactions
The Quebec government has announced it will be reducing the deduction for investments in mineral exploration through flow- through shares. So far the move to reduce the current 166.6% deduction for in…
Queries Spirit recharging
I understand that Spirit Lake has acquired some property in the Wawa area. Please fill me in. D. H., London, Ont. Not much has been heard from Spirit Lake Exploration since the late 1970s, but it seem…