Messeguay extension
An extension of the gold-bearing zone 100 ft south of hole ML-87-75, at a vertical depth of between 215 ft and 285 ft, has been intersected at the Launay-Privat property in northwestern Quebec, Messeg…
News
Queries 20th Century trades again in Vancouver
Could you please provide me with some information on a company called 20th Century Energy Corp.? I read The Northern Miner regularly but have seen nothing on this company recently. A.K., Lachine, Que….
Latest results from T&H, Jonpol venture
Latest drill results from the Garrison Twp. joint venture of T&H Resources (TSE) and Jonpol Explorations (TSE) are as follows: Hole No 66 at 1,700N and 2,700W assayed 0.056 oz gold per ton over 11 ft …
Sikaman searches for gold in Mali
An agreement has been reached between Sikaman Gold Resources (TSE) and Canadian Magnesite Mines whereby the latter may acquire a 20% equity interest in a 517-sq-km gold concession in Mali, West Africa…
Duration, Locator improve grade at Theresa project
Bulk sampling completed by partners Duration Mines (TSE) and Locator Explorations (VSE) on the Theresa property, has returned much higher grades than initially indicated by drilling. Located south of …
Greenstone reports El Recio gold veins
Toronto-based Greenstone Resources (TSE) has encountered a new area of gold mineralization at the El Recio property in Costa Rica where the company is conducting a feasibility study for a possible com…
Echo Bay to test Cameron grades with sampling tower
In the absence of available custom milling facilities, Echo Bay Mines (TSE) and Nuinsco Resources (TSE) are taking the only route open to them, by bringing in a sampling tower to test ore grades at th…
Giant/Pamour deal exploration bets to Pamorex Mnrls
Giant Yellowknife Mines (TSE) and Pamour Inc. (TSE) will increase their holdings in Toronto-based Pamorex Minerals (TSE) after selling a number of exploration properties to the company. Formerly Conso…
Goldquest work tops $1 million
More than $1 million was spent in 1987 by Goldquest Exploration (TSE) on exploration work at its properties in the Red Lake area of northwestern Ontario, shareholders were told at the annual meeting. …
Micham, Mono project results
Results from an underground exploration program have been received by Micham Exploration (VSE) and Mono Gold Mines (VSE) from their Bannockburn property near Madoc, Ont. A total of 352 ft of drifting …
Northumberland arranges $2.8-million financing
Toronto-listed Northumberland Mines, which is about 90%-controlled by another Toronto-listed company — NovaGold Resources — has reached an agreement with two limited partnerships for $2.8 million in…
FINANCING (May 30, 1988)
ONTARIO Grand Empire — final rec iss offer 1,200,000 @ $1.20 per sh. Harrington Sound — final rec iss offer 700,000 @ $1.60 per sh to net $560,000. Released from Escrow Ateba — 100,000 shs released…