Correction (October 13, 1986)
The Northern Miner incorrectly reported Oct 6 that Quill Resources can earn a 49% interest in the Paymaster gold mine property at Timmins, Ont., from Associated Porcupine Mines by funding the first ph…
News
Alberta Stock Exchange : Conquest still moving
Wednesday close, Oct 8 Trading on the Alberta exchange this week again nosed below the previo us week’s trading level, with just 4,465,900 shares changing hands. Conquest Yellowknife Resources, which…
Mining law course offered in B.C.
A full-day course titled Mining Law, is being offered by the Continui ng Legal Education Society of British Columbia. Scheduled for Oct 24, the course will take place in Vancouver’s Four Seasons Hotel…
Vanwin Resource Corp. says a new zone highly anomalous in nickel
platinum group metals has been found on its Raft group of claims on Vancouver Island, B.C. Diamond drilling is expected to start shortly.
Sunburst optimistic about re-activation
Aggressively seeking equity financing, Sunburst Exploration is optimistic that it can be re-activated as a dynamic junior mineral exploration entity in this current fiscal year. Director T. Jensen rep…
Vancouver Stock Exchange: Gold boosts precious metal issues
Wednesday close, Oct 8 Strengthening precious metal prices took their expected effect on VSE-listed gold issues. Although volumes dipped to 60.3 million shares for the week, many issues experienced st…
American Eagle will fly Oct 20
The Eagle, the first gold coin minted by the U.S. government in 54 years, will go on sale Oct 20. Sales of the legal tender, 92% pure-gold coin are expected to reach as high as 2.2 million oz of gold …
Nova buys old Ontario mine works on another in Quebec
Already well advanced on a joint venture re-development program on an old mine in Quebec, Nova Beaucage Mines is setting out on its own with a similar re-development scheme for a mine in Ontario. The …
Nexus starts drill program on Birch Lake property (use with TABLE)
A 4,000-m diamond drill program has begun on Nexus Resource Corp.’s 493-claim Birch Lake property, about 65 miles east of Red Lake, Ont., the company says. The target is gold mineralization associated…
Temporary shutdown at Inco’s Garson
All underground mining operations at Inco Ltd.’s Garson mine in Sudbury are being temporarily shut down as a result of the latest unexpected fall of ground on Sept 30. Garson mine has unique geologica…
Fleck aims for TSE listing by new year
Progress is being made towards a listing on The Toronto Stock Exchange, reports Fleck Resources, President John McGoran. Indeed, this listing is scheduled to take place in January, 1987, concurrent wi…
Nanisivik, Ontario rescue co-winners
Ontario’s mine rescue team, entered for the first time ever in the national mine rescue competition, has tied with a Northwest Territories team from Nanisivik Mines for top spot in the event, held rec…