News



Banff Seminar

A seminar on planning the development of resources to achieve sustainable development will be held Jan 18-23 at the Banff Centre School of Management, Banff, Alta. Designed for mid-level and senior pr…


Alberta Stock Exchange Gain for Coxheath

Wednesday close, Dec 10 One of the better advances for the week was made by Coxheath Gold Holdings which churned through almost 500,000 shares to close at $1.25; up 55 cents for the week. The company…


Nine-month earnings up for Mentor Exploration

Net income jumped to $1.3 million or 40 cents per share for Mentor Exploration and Development for the nine months ended Sept 30, a substantial increase from $404,226 or 12 cents per share in the yea…


Rambo’s drilling extends shear to 330-ft horizon

A mineralized section more than 55 ft wide was intersected in hole 86-2 on Rambo Explorations’ Turgeon property in northwestern Quebec’s Massicotte Twp. The company says the hole confirms the extensio…


Tax Angles AMT effects on flow-through

Bill C23, tabled in the House of Commons on Nov 7, contains measures to implement the alternative minimum tax (AMT) announced in December, 1985. When this bill is passed, the AMT measures will become …


Marcus control goes to private investor

Control of Consolidated Marcus Gold Mines will pass to a private investor, Wilanour Resources says. Wilanour, which has a 65.5% interest in Marcus, agreed to sell the interest for $40,000. Before sell…


COATS Trading Features (December 15, 1986)

Spirit Lake Explorations, which has acquired the old Edwards gold pr operty near Goudreau, Ont., perked up to $1.80-$1.90 after being inactive for a ** number of years. The Edwards claims adjoin the …


Underground work for Eureka Resources

Underground test work including bulk sampling is planned by Eureka Resources for its Frasergold precious metals property in 1987. The company claims that a large diameter drill program this year upgra…


Mining to be conventional at Pegasus’ U.S. project

The Montana Tunnels project will be the first conventional mining operation for Pegasus Gold which has built a solid reputation for processing low grade gold ores by heap leach methods. Located about …


Montreal Exchange Syngold doubles

Wednesday close, Dec 10 Syngold Exploration, criticized here a month ago for spending flow- through money indiscriminately, has proved the value of the tax- incentive scheme with some drill results th…


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