Belmoral shows quarterly profit
Belmoral Mines reports net income of $259,000 or 1 cents per shares in the third quarter of 1986,the first profit recorded by the company in the past three years. For the same period a year earlier th…
News
Lucky Strike Resources reports assays from a grab sample covering
the hangingwall on its Lucky Jack claim on the Cambourne property have returned values of 20.81% lead, 0.15% zinc, 0.069 oz gold and 16.53 oz silver per ton. Assays from five 10-ft drill holes have re…
Thompson proposal would cut dealers’ compensation
The Thompson committee on junior mine financing has gone back to the regulatory drawing board and returned with major changes to its proposals for dealer compensation. The Ontario Securities Commissio…
Gold/Silver values high at Multinational’s Baker bet
Some late-year drill results from Multinational Resources’ Baker mine property in the Toodoggone area north of Smithers, B.C., are quite spectacular. Not only are the gold assays high grade but the si…
MABC welcomes task force idea
Responding to a call on the mining industry from B.C. Premier William Vander Zalm to join a task force study group, the Mining Association of B.C. says it welcomes the suggestion. Premier Vander Zalm …
Tandem/Syrex deal
An option agreement has been completed between Tandem Resources and Ayrex Resources. The deal gives Ayrex the right to earn a 50% interest in Tandem’s Frond Lake gold prospect near Fort Hope, Ont. Ayr…
Drilling under way on Arizona Star bets
A 6,500-ft reverse circulation drill program is scheduled to start this month on both the Van Deemen and Lost Pan Gulch properties located in Mohave Cty., Ariz., reports Arizona Star Resource Corp. Pr…
Queries: Control of Pamour
I read with interest your nice article Sept 1, 1986, regarding the proposed merger of Pamour and Giant Yellowknife. During the past year articles said Pamour was bought by a mining company from Austra…
Packard Resources has changed its name to Conpac Resources Ltd. on
1-new-for-each-5-old shares.
Investment Comment Four picks that offer good value for those who
** bullish on gold ** It should come as no surprise that the recent rise in the price of gold and the strong showing by gold shares has moved many investors and observers into the bullish camp for gol…
Editorial: New Thompson proposal an improvement
Who gets what. It is the basis of every business transaction. It has also been the key issue at the recent Ontario Securities Commission hearings into the Thompson Committee report on junior financing…
New deposit area on Viceroy’s Castle Mt project
A new high grade deposit area has been discovered on Viceroy Resources Corp.’s Castle Mountain open pit heap leach gold project located in San Bernardino Cty., Calif. The company says the new deposit …