Deak, major shareholder in Toronto-listed Wilco
One of the oldest companies on the Toronto Stock Exchange has just received a financial shot-in-the- arm that will help accelerate its pace of exploration activity and property acquisition. Wilco Mini…
News
Significant gold showings claimed by Fairfield Min.
Two excellent gold showings have been found on Fairfield Minerals’ Elk property, not far from Noranda’s Brenda Mines property at Peachland, B.C. According to Fairfield, they occur in a stockwork setti…
Johnson Matthey predicting ’86 platinum supply shortfall
Johnson Matthey, a British- based precious metals refiner and manufacturer, expects the supply of platinum to fall 60,000 oz short of demand in 1986, according to its 1986 interim review of the indust…
Editorial Fix flow-through’s Achilles heel
The following guest editorial from the Prospectors and Developers Association of Canada is based on a brief on flow-through share financing presented recently to the Minister of Finance in Ottawa. The…
Gallagher options Red Lake property
An option agreement has been completed by Gallagher Explorations giving the cimpany the right to earn a 45% interest in seven claims adjoining the Arthur White gold mine near Red Lake, Ont. Known as t…
Platinum refinery Madeleine’s aim
Extensive metallurgical testing is getting under way by Madeleine Mines relating to the treatment of the concentrate to be produced from its large Lac Des Iles deposit of platinum group metals. This w…
Letters to the Editor Harry Oakes
Regarding Harry Oakes, referred to in a page 1 story in the Dec 1 issue of The Northern Miner, titled Mining’s unique practices questioned at Lac appeal. He was not murdered in Bermuda. He was murdere…
Siscoe takes control of Barrick
A share exchange agreement, subject to shareholders’ approval, will transfer control of American Barrick Resources to United Siscoe Mines, a former Barrick subsidiary. Three companies are tratransfer …
Galactic gold output is less than expected
Galactic Resources says 42,000 oz of gold was produced from the company’s Summitville project in Colorado by mid-November. Production started June 5 and Galactic says a profit of $522,073 was posted f…
Equinox deal on Nev. mine looks like an asutute move
The totally leveraged purchase by Equinox Resources of a 23.6% interest in Cominco’s Buckhorn mine property in Nevada has proven to be an astute move. Purchased for $1.7 million(US) the property is ex…
Barrick buys into Cons Gold
Precocious American Barrick Resources, already a darling of North American gold stock investors and not yet three years old, has boldly grabbed a substantial stake in Consolidated Gold Fields. Barri…
Cambior options Siscoe property from Maufort
Cambior has taken an option on Ressources Maufort’s Siscoe property in northwestern Quebec’s Val d’Or area. Cambior, which will act as operator on the project, can earn a 50% interest by completing tw…