Tanqueray funded for exploration
Following the completion of a $750,000 flow-through share financing, Tanqueray Resources is well funded to perform exploration on a large portfolio of mineral properties. Beginning this month, the com…
News
Mill planned for Bell Creek
A decision has been made to build a 350-ton-per-day mill at the Bell Creek gold property near Timmins, Ont. Operated by Canamax Resources and partner Consolidated CSA Minerals, the new mine is expecte…
Canadian leaders in policy debate at Colorado school
In an effort to determine the real causes of mining’s current malais e both here and in the U.S., the Colorado School of Mines is mounting a 3-day conference early next year which will deal with the i…
Falconbridge regains platinum firm investment
Caught in something of a bind, Falconbridge Ltd. has regained its or iginal equity investment (49%) in Western Platinum, a South African producer of platinum group metals, as well as of gold, nickel, …
Seadrift International has reached an agreement to earn a 49% (November 24, 1986)
Nuinsco Resources’ Aldermac massive sulphide and gold prospect about eight miles west of Noranda, Que. Seadrift must spend $1 million on the property by early 1991 to earn its interest.
Members of the tribunal
There is one court in Canada higher than the Ontario Court of Appe al to which the decision of Lac Minerals’ appeal might be taken — the Supreme Court of Canada. Appeal to the highest court in the …
Atlantic Report: Jascan Focuses on N.S. Gold Bets
Jascan Resources of Toronto is taking a closer look at two of its No va Scotia gold properties. The company has commenced a 2,500-ft drilling program on its Indian Path claims in Lunenburg Cty. and wi…
Golden Range Resources has planned drill programs on its Denton (November 24, 1986)
claims and its 210-claim group near Schreiber, Ont. The Denton property, located 24 miles west of Timmins, will see a minimum 2,000-ft drilling program commence next week. On the Schreiber claims, two…
Northgate improvement
A combination of strong gold prices and increased production have en abled Northgate Exploration to realize healthy earnings for the first nine months of 1986. For the period, the company earned $2.3 …
Glen Auden, Adola Pleased with Results
An initial drilling program completed by partners Glen Auden Resourc es and Adola Mining Corp., has yielded encouraging gold values from their Kirkland Lake area property. Located in Maisonville Twp.,…
Seadrift agreement
Seadrift International Exploration says it has agreement under which it can earn a 45% interest in a Sturgeon Lake, Ont., property by financing exploration of $1,500,000 over three years. The company …
Drilling underway on Tartan Lake joint venture
The exploration decline at Tartan Lake has now reached a distance of 2,400 ft and is at a vertical depth of 360 ft. The project, a joint venture of Granges Exploration and Abermin Corp., is reported o…