sharp drop in the price of Oracle Resources’s common shares, the company says. Drilling is continuing on projects near Opapimiskan Lake, Ont., and Aguta Arm in the same area.
A small pilot plant has been installed in the Adams Plateau area of B.C. on a property held by Killick Gold. The pilot plant is rated at 50 tons per day and will be the precursor of a 100-ton mill at …
A reverse circulation drilling program is expected to start shortly on the Alameda and Clio properties recently acquired by United Gold Corp. Located in the Mother Lode area of California, the two pro…
A drastically reduced debt load is the key to Campbell Resources’ return to profitability, says President Richard Lister. For the fiscal year ended June 30, the company reported a net loss of $16 mill…
Cassiar Mining reported a 9-month loss of $2.5 million compared to a profit of $677,000 for the corresponding period in 1985. The company’s third quarter loss was $1.6 million compared to $1.2 million…
Ltd. on a basis of 1 new for 3.5 old shares.
** gold property ** A 4,000-ft diamond drilling program is scheduled to start on the Lig htning Minerals gold property 50 miles northeast of Yellowknife, N.W.T. The drilling will follow up a positive…
A mining engineer who joined the Calgary-based Westmin Resources organization as general manager in 1982 to oversee that company’s major expansion of its Myra Falls base metals-precious metals operati…
Esso Minerals has completed 15 holes on Cline Development’s Cline Ea st property near Wawa, Ont., says Cline President L. J. Bardswich. Some of the values intersected are as follows: …
share-for-share basis.
Falling platinum prices pulled the rug from under platinum players B oston Bay Mines and affiliate Belleterre Quebec Mines. Both issues closed down at $3.50-$4 and 65 cents -70 cents respectively. Bos…
Wednesday close, Nov 19 Sliding gold prices took some of the steam out of the Alberta Stock Exchange this week, as volumes dried up in generally sideways trading. Oracle Resources was forced to put ou…
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