Correction, Silverside Resources
In the Nov 17 issue of The Northern Miner, in a story concerning the Cobalt silver property of Silverside Resources, it was incorrectly stated that mining, milling, trucking and refining would cost an…
News
Editorial Mining industry can use the help
Mining needs all the help it can get these days, so on general princ iple it can hardly fault the Association of Mining Municipalities of Ontario for a submission it made recently at a conference on n…
Rayrock has option to buy control of Midland Energy
Midland Energy says a sampling program by Rayrock Resources on its Bellavista gold property in Costa Rica has confirmed previous assay results. Rayrock has been granted a 60-day extension to complete …
COATS Trading Features (December 01, 1986)
Regal Goldfields Ltd. came back to life after rescinding a cease trade order. The issue opened up at 45 cents -55 cents . Regal holds a major interest in a company which is planning to carry out explo…
News in Brief (December 01, 1986)
Tex-U.S. Oil & Gas has called a shareholders’ meeting to approve the purchase of a private company for 2.3 million post-consolidated shares. The company plans to consolidate shares on a 1-for-5-basis …
Montreal Exchange Abby takes high road
Wednesday close, Nov 26 A fairly new listing on the Montreal Exchange, Abbey Exploration, was the most active trader with 243,000 shares changing hands driving the stock up to 70 cents before closing…
Court’s ruling could affect funds’ verdict on Belmoral
After six years of legal proceedings, Belmoral Mines may finally cle ar its name of criminal charges in connection with the death of eight miners at its Val d’Or, Que., gold mine — or it could just b…
Northumberland is underground
A $1-million underground exploration and bulk sampling program is un der way on the Cochrane Hill gold property held by partners Northumberland Mines (70%), MSV Inc. (15%), Atlantic Gold Mines (15%) a…
Rayrock quarter warmed by Nevada gold output
Per-share earnings for Rayrock Yellowknife Resources rose to 17 cents in the third quarter to Sept 30, compared with 14 cents per share for the first six months of the year. The company attributes th…
Tin symposium faces problem of low prices
Tin International, a division of Metals and Minerals Publications of London, is holding its second international tin symposium Dec 16-17 in London. Tin International sees the central issue facing both…
Syngold, CFC find new Deka zone
Syngold Exploration and Corporation Falconbridge Copper report the discovery of a new gold zone on the Deka property two miles northeast of Noranda, Que. Seven vertical drill holes on 400-ft centres h…
Northair reserves readily accessible
An independent evaluation of Northair Mines’ Willa property has come up with a reserve of 546,500 tons grading 0.182 oz gold, 0.28 oz silver and 0.87% copper across widths of 30-120 ft. President Dona…