Pan East negotiating flow-through deal
Pan East Resources reports it is negotiating for flow-through funds t o carry out a 2-phase exploration program on its Nova Scotia gold prospect at Fifteen Mile Stream. The first phase would cost $350…
News
Cumberland starts follwo up drilling
A second-phase drill program, totalling 6,000 ft, is under way on Cumberland Resources’ Evans Lake property in northwestern Ontario. The program will follow up drilling completed last summer which i…
Cons Professor starting final push at Shoal Lake
Field crews have been mobilized and dewatering of the Shoal Lake mine workings is expected to start within a week, G. R. Cunningham- Dunlop, president of Consolidated Professor Mines, told a special m…
Carl Creek Resources and Tanqueray Resources have amalgamated to
Tanqueray Resources Ltd. on the basis of share-for-share for Tanqueray and 1 new share for each 4 Carl Creek shares.
CME Resources has changed its name to CME Capital with the common
redesignated as class A voting, particpating shares. Trading in these shares on the Toronto Stock Exchange started Oct 15 under the new name.
Thompson Committee reports : Prospectors could sell their shares
Under a proposal of the 10-month-old Thompson Committee on junior min e financing, prospectors would be able to sell their shares in companies more speedily than under current regulations. The proposa…
Gold producers establish international association
Gold producers from seven countries have decided to form a new trade association dedicated to the promotion of the uses of gold. The new organization is negotiating to acquire the resources — includi…
Cyanide technology could save gold miners thousands
Three major gold producers, Lac Minerals, Campbell Red Lake Mines and Dickenson Mines may soon become the first gold miners to take advantage of a revolutionary piece of cost-saving technology develop…
Barrick issues bond
American Barrick Resources’ wholly-owned, indirect subsidiary Barrick Resources (USA), has issued a gold-linked Eurobond, guaranteed by American Barrick, to raise $50 million (US). The notes mature Oc…
Desperado Resources has changed its name to Skyway Resources on
of 1 new for 1.5 old shares.
Granges optimistic on Crofoot decision : Nevada heap leaching
With three drills operating on the property and heap leach testing completed, the Crofoot gold project near Lovelock, Nev., is just inches away from a final production decision. “We’re very optimistic…
Books (October 20, 1986)
A Study of Active U.S. Gold Mines, 370 pages. Published by Metals Economic Group, 1722 14th St., Boulder, CO 80302 U.S.A. Telephone (303) 442-7501. Laws and Regulations Governing Mineral Rights in Ari…