Exall Resources
company’s six directors this week in Toronto. In the 3-month period ended July 31, the company, which is controlled by Denison Mines and Roman Corp., both of Toronto reported a net loss of $38,233 or …
Articles by Northern Miner Staff
Giant Bay president vows to promote bioleaching
Under newly-appointed president and director Claus Jensen, Giant Bay Resources has started a campaign to, in Mr. Jensen’s words, “promote bioleaching like hell.” Mr Jensen appeared before a group of a…
Ottawa may scrap flow-through shares
Members of Quebec’s mining community are biting their nails over the uncertain future of flow-through share financing for mineral exploration. Next spring, the popular tax shelter may be scrapped at t…
Ayrex, Bresea seek financing for $2m. program
Ayrex Resources reports the first phase of a 1986/87 winter program has started on its property in Desmazures and Cavalier twps., in the Casa Berardi gold camp, about 20 miles northeast of Joutel, Que…
Stockmen completes Ungava exploration
A preliminary surface exploration program has been completed by Stockmen Energy on the company’s 80,000-acre permit block in the Ungav a area in northern Quebec. Held in 50% joint venture with Delawar…
Portfield options Beardmore ground
Portfield Industries of North Bay has optioned a 57-claim property in Sandra Twp. near Beardmore, Ont., to Bay Resources. Bay can earn a 70% interest by spending $600,000 by early 1988. About $200,000…
Vancouver Stock Exchange Rampart leads the pack on volume
Wednesday close, Sept 24 Rumours of a platinum discovery near Schefferville, Quebec, helped two issues advance. Tandem Resources and Ronrico Explorations, which each hold a 10% interest in a private s…
Torene awaits drill results (September 29, 1986)
October on the Harrigan Cove property held by Torene Gold Exploration. Located in Nova Scotia, the property covers most of the Harrigan Cove district which produced 7,943 oz of gold from 13,778 tons o…
Cominco/Jonpol encouraged with Garrcon exploration
Based on work completed last September, Cominco Ltd has recommended that additional exploration work be performed on the company’s Garrcon property held in joint venture with Jonpol Explorations. Loca…
EDITORIAL PAGE Secrets of the sun in an Inco mine? of neutrinos
Neutrinos? They have nothing to do, it should be immediately said, with mining. Neutrinos are in fact particles produced in the fusion furnace inside the sun. A group of scientists from three countri…
Golden Briar has gold values
Golden Briar Mines says two of the holes drilled in a new wide disseminated sulphide zone in Estree Twp., Casa Berardi, Que., intersected anomalous gold values up to 0.024 oz gold per ton. Drilling is…
Goldhunter plans to acquire private firm
A takeover bid has been made by Goldhunter Explorations to acquire 90% of a private company. The main asset of the private company is a 40-claim property near Beardmore, Ont., which adjoins claims hel…