Bresea/Ayrex plan drilling
Drilling is scheduled to start this month by operator Bresea Resourc es and 50/50 joint venture partner Ayrex Resources on their 324-claim Casa Berardi property. Located in Desmazures and Cavalier twp…
News
Lacana expects to double gold production by ’89
During the next two to three years Lacana Mining Corp. hopes to more than double gold production from the current 60,000 oz per year to more than 120,000 oz per year, Dr William H. Gross, chairman and…
Eider drilling on Lac Rose be
Eider Resources is starting a diamond drill program on its Lac Rose property in northwestern Quebec to test a geochemical target and evaluate the average grade of the known veins. Geologist Michel Roy…
Books (September 22, 1986)
So You Want a Fight: Shareholder Rights and Remedies in Canada, 1st Edition, 1986 by Henry J. Knowles, Pamela Chapple and Tye Burt. ISBN 0-88796 366 8, 246 pages, heavy paper cover, $16.95. CCH Canadi…
Deep oil discovery unique for province
Home Oil Company reports what it describes as the first significant deep oil discovery ever made in Saskatchewan. It says the North Tableland 8-22 well was drilled in February this year to a total dep…
Sale to Western Goldfields doubles Orofino’s money
A tidy little deal for an interest in a new Nevada gold mine has all owed Orofino Resources to double its money in about a month. In early August Orofino bought a 10% interest in the Hog Ranch mine fo…
Dejour explores in New Brunswick and in Quebec
In an interim report Dejour Mines says exploration and deferred exploration expenses for the first six months of 1986 totalled $93,466. The expenses relate mostly to work on Dejour’s properties in Poi…
Toronto to be venue of CIM annual meet
The Canadian Institute of Mining and Metallurgy moves to Toronto nex t year for its 89th annual general meeting. It will be the first in Toronto since 1980. The meeting, which will have for its theme …
Underground work started by Northern Dynasty
The first of two underground phases has commenced at Northern Dynas ty Explorations’ Little Bald Mountain mine in Nevada. The 300-ft decline will access a 50,000-ton ore block and production will be s…
Encouraging results from Goldstack/Sullivan bet
A new zone is shaping up in the central part of the Goldstack Resour ces’ Dubuisson Twp. property, reports President Herve Drolet. Located about seven miles west of Val d’Or Que., the property contain…
Microcomputer course planned for geologists
Gordian Computer Solutions will be offering a series of microcompute r courses for geologists this fall. Developed by geologists, the courses will introduce the students to an introductory microcomput…
Oracle to drill at Opapimiskan and Agutua Arm
Oracle Resources has signed an agreement with First Exploration Fund 1986 for issuance of 166,667 flow-through common shares at $3 per share. The offering is underwritten by Merrill Lynch Canada and D…