Westley acquires claims in Manitoba
Westley Mines has acquired a 100% interest in 299 claims in southeastern Manitoba through a lease agreement with Almadem Resources. Westley’s interest is subject to a net smelter return royalty of up …
News
Editorial: So much for sanctions
So we impose sanctions against South Africa, (including a somewhat nonsensical ban on the import of uranium) and not long after discover we are at the moment importing a great deal more from that coun…
Toronto Stock Exchange: Investors not smiling as market dips below
Wednesday close, Nov 19 We hear there’s a new disease running rampant on Wall Street these days on the heels of the Ivan Boesky insider trading scandal in New York. It’s called RAIDs and it stands for…
Regal Goldfields President Douglas E. Bannerman says that since the (November 24, 1986)
company is once again current regarding its filings, an application has been made to the Ontario Securities Commission to rescind the cease-trading order against the company.
Montreal Exchange: Casa Berardi issues up
Wednesday close, Nov 19 Some dandy drill results from the Casa Berardi joint venture of Gold en Knight Resources and Inco — long anticipated by the market — were announced this week and it seemed t…
Vancouver Stock Exchange: Sliding gold prices not severe
Wednesday close, Nov 19 The impact of lower gold prices on the Vancouver Exchange was probab ly less than expected because non-resource stocks are beginning to play a larger role in the market. Thi…
Cinola looks to develop big B.C. gold producer
Some gold deposits are like old soldiers — they don’t actually die but just fade away] This was certainly the case with the Consolidated Cinola deposit in the Queen Charlotte Islands which until rece…
MONENCO LTD. — Antony Skinner appointed president and chief
officer.
COIN LAKE GOLD MINES — Peter Erickson appointed general manager
Golden Reward Mining Co., Lead, South Dakota.
New Canacord offer
Canacord Resources, First Mineral Exploration Partnership and Second Canacord Mineral Exploration Partnership have jointly filed a preliminary prospectus for the offering of units. McCarthy Securities…
OGS open house set for Dec. 3-4
The Ontario Geological Survey will hold its ninth annual geoscience research seminar and open house Dec 3-4, in the MacDonald Block at Queen’s Park, Toronto. The event will feature papers on geoscienc…
Deep drill plan by Noranda Expl. on Banbury Option at Hedley, B.C.
Intensive geochemical work and some deep drilling is planned by Noranda Exploration on the Hedley, B.C., gold property it holds under option from Banbury Gold Mines. Noranda recently completed a relat…