News


COATS Trading Features (June 29, 1987)

News that Kidd Creek Mines plans to resume drilling on claims held by Chance Mining & Exploration helped the issue. Chance was a touch better at 70 cents -80 cents . Kidd plans to drill six holes star…


Rea Gold reveals net smelter deal

Vancouver-based Rea Gold has entered into an agreement to buy a 15% net smelter return on the multi-mineral Discovery zone at its wholly-owned Adams Lake property from Allan Hilton of Kamloops, B.C. U…


Noranda options Hilltop gold bet

A VSE and TSE-listed junior company, based in Vancouver, U.S. Precious Meals Inc, has entered into an agreement with the exploration arm of Noranda Inc. In the agreement Noranda Exploration can earn a…


Heap leach bets high on Cominco’s list

With $40 million in its treasury from a recent equity offering, Cominco Resources International is preparing to initiate work on 50 international mineral properties. Exploration work at Cominco’s Buck…


Kidd to resume drilling on Chance claims in July

Drilling on the Timmins, Ont., area property which Kidd Creek Mines holds under option from Chance Mining and Exploration is scheduled to resume in late July. The $350,000 program will consist of dril…


Funding for Goldpost

Goldpost Resources Inc. has entered into an agreement with Middlefield Resources under which the Middlefield company is committed to provide Goldpost with $1 million for the purchase of flow- through …


Orcana earning 50% interest in Cook property

An agreement has been signed between New Sabina Resources and Orcana Resources whereby Orcana may earn a 50% interest in the former’s Cook property in MacMurchy Twp., located 18 miles west of Gowganda…


Denison sells Conrex to private investors

Consolidated Rexpar Minerals and Chemicals recently announced financing plans that will take the company into merchant banking and investments business in association with Gornitzki, Thompson & Little…


HBMS buying Ruttan mine from Sherritt

The Ruttan mine at Leaf Rapids, Man., is being acquired by Hudson Bay Mining and Smelting from Sherritt Gordon Mines in a deal that is expected to be concluded by July 15. Hudson Bay Mining, a subsidi…



Moneta deals for properties near Timmins

Moneta Porcupine Mines has purchased 92 claims near Timmins, Ont., from Labrador Mining and Exploration. A majority of the claims (49) are in Tisdale Twp. Others are scattered across Shaw, Mountjoy, D…


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