Editorial Gold mining boom is a godsend
Gold mining is now the brightest, most profitable and fastest growin g segment of the North American mining industry. And the price of the metal, which has been unusually strong in recent weeks, still…
News
Amer. Oakwood and Lacana drilling Toodoggone claims
Drill results are expected shortly from an exploration program being conducted by Lacana Mining Corp and American Oakwood Energy in the Toodoggone area of B.C. Murphy Oil is also a partner in the prop…
Madeleine cuts platinum values (September 15, 1986)
Drilling by Madeleine Mines on the company’s optioned Lac des Iles platinum-palladium deposit has cut an 80-ft section grading 0.2 oz platinum group metals per ton. Ratios previously supplied by the c…
Montreal Exchange Senior issues busy and better
Wednesday close, Sept 10 The Montreal Exchange may be keen to publicize the number of new junior issues that have gained listings in the past few years, but it looked like the staid old ME of old this…
Tyler gets option on Golden Rule claims
Tyler Resources has acquired an option to earn a 45% interest in two claims blocks controlled by Golden Rule Resources. Located near La Ronge, Sask., the properties cover geology favorable to hosting …
Aur has profit
Aur Resources, which has budgeted $18 million for exploration and development work this year on six properties, reports net income of $314,032 for the nine months to June 30, equal to 4.4 cents per sh…
Bruneau plans drill program in Estrades Twp.
Out to earn a stake in an Estrades Twp., Que., property, Bruneau Mining Corp. says it will immediately carry out a program of detailed geophysical surveys on the property. A drill program based on res…
Highland Valley spending $17m. on new plant
At a cost of $17 million, B.C.’s newly-formed Highland Valley Copper will install two semi- mobile in-pit crushing plants, equipped with gyratory crushers which will be among the world’s largest. The …
Mine share trading rises at Toronto Stock Exchange
Dollar value of trading in mining shares on the Toronto Stock Exchange in August increased to $570.3 million, a dramatic 102.7% increase over the $485.8 million traded in July. Share volume in mining …
Scintrex in China
Scintrex Ltd. says it has a $640,000 contract with China to provide a helicopter-borne geophysical system for aerial mineral exploration.
Drilling at Sumich
A surface drilling program has started on the New Beginnings Resources’ Sumich mine property in Nevada. The program will test for extensions of the zone along strike and at depth. Approximately 30,000…
Blackstone Expl.
Blackstone Explorations is venturing into the field of radon gas detection, the company says. Blackstone plans to sell a device to homeowners which detects radon gas accumulations in homes.