News In Brief (December 29, 1986)
Wharf Resources plans a financing in January by offering units to th e public, each unit to consist of exchangeable preferred shares and common share purchase warrants.
Articles by Northern Miner Staff
Vancouver Stock Exchange Settlement date unsettling
There might be a little “Christmas Cheer” on the floor of the Vancou ver Stock Exchange but it’s not because the market is all that positive. Despite the pressure of Christmas shopping, investors stil…
Bullmoose gold helps Terra Mines move into black
Terra Mines reports a “substantial improvement in financial results,” due in part to the elimination of operating expenses at the company’s silver properties and income from its Bullmoose gold project…
Maufort drilling (December 29, 1986)
The first phase of drilling by Resources Maufort on the Siscoe Extension property near Val d’Or, Que., has confirmed the presence of two distinct gold-bearing hirizons and a major fault zone, the comp…
Teck seen recession-proof with cash flow, profit report
The true measure of an individual is best determined under fire, an analogy that is probably more applicable to Teck Corp. than any other Canadian mining company. No matter how hard you look, you simp…
Big Comstock block goes to new group
Control of Comstock Keno Mines is expected to pass to a financial co mpany by year-end. Stamford Bridge Capital Corp. plans to acquire a 28.5% interest in the inactive mining company. The acquisition …
First-phase work is completed on Golden Triangle bet
A first-phase exploration program has been completed on the Lac Storm property in northern Quebec which is the subject of a joint venture agreement between Golden Triangle Mining Exploration and Sever…
Accelerated exploration program ready to roll at Lingman Lake
Drilling should begin this winter on a little-known gold deposit in northwestern Ontario held for many years by Twin Gold Mines. Located near the Manitoba border, east of Gods Lake, the property at Li…
Editorial Gold Gold Gold – Leading the pack
As exploration ’86 grinds to a close, we must admit feeling somewhat disappointed that, despite one of the biggest programs of exploratory drilling for gold ever seen in this country, no major new dis…
Maclan changes name
The name of Maclan Exploration has been changed to Can-Mac Explorati on on a share-for-share basis. At the company’s Davis Twp., Ont., property near Sudbury, stripping and trenching work will be follo…
Letters to the Editor Pamour success
I read the article on Pamour’s heap leaching test in the Dec 1 issue of The Northern Miner with great interest. My congratulations to them on their initiative and foresight in utilizing this technolog…
Norben drilling on Pan Empire extends structure
Norben Gold Resources, a private company 50% owned by Ateba Mines, h as intersected some good values on its Pan Empire project near Beardmore, Ont. Results from the first 2,225-m of drilling in the on…