Greenstone buys property package in Chibougamau
Greenstone Resources has agreed to acquire a package of several minin g properties covering 67,870 acres in the Chibougamau area of northwestern Quebec from Camchib Mines, a wholly-owned subsidiary of…
News
Thompson Committee reports : Prospectors could sell their shares
Under a proposal of the 10-month-old Thompson Committee on junior min e financing, prospectors would be able to sell their shares in companies more speedily than under current regulations. The proposa…
Micham program confirms Swiss potential for gold
The joke goes that the only gold you are going to find in Switzerland is in the form of bullion, buried deep underneath the Zurich banks. So most people must think, since despite the abundance of outc…
Minieres du Nord puts second drill on Isle Dieu bet
Explorations Minieres du Nord has cut some good gold values on its Isle Dieu Twp. property near Matagami in northwestern Quebec. A drill program of about 3,000 ft was completed on the Marcelle vein zo…
Control of Vital Pac to Davidson Tisdale
Davidson Tisdale Mines has acquired 3.9 million shares of Vital Pacific Resources at a price of 37 cents per share. Of the $1.45 million raised by Vital Pacific, $1.2 million will be used by the comp…
Alberta Stock Exchange: Golds trade lower
Wednesday close, Oct 15 Lower gold prices were behind the sideways trading activity on the Alb erta Stock Exchange this week. Volumes were an uninspiring 4.4 million shares. Several mining issues mad…
Cyanide technology could save gold miners thousands
Three major gold producers, Lac Minerals, Campbell Red Lake Mines and Dickenson Mines may soon become the first gold miners to take advantage of a revolutionary piece of cost-saving technology develop…
Barrick issues bond
American Barrick Resources’ wholly-owned, indirect subsidiary Barrick Resources (USA), has issued a gold-linked Eurobond, guaranteed by American Barrick, to raise $50 million (US). The notes mature Oc…
Books (October 20, 1986)
A Study of Active U.S. Gold Mines, 370 pages. Published by Metals Economic Group, 1722 14th St., Boulder, CO 80302 U.S.A. Telephone (303) 442-7501. Laws and Regulations Governing Mineral Rights in Ari…
Yorbeau Resources has filed a final prospectus in Quebec for a
offering to raise $7,502,500. The offering consists of 3.25 million units, each unit consisting of one common share and one-half a purchase warrant, at 77 cents per unit, and, separately, 3,125,000 r…
Rafael Resurces has changed its name to Biologix (B.C.) Ltd. on a
share-for-share basis.
Nova Beaucage gets $1.1 million financing
A $1.1-million financing has been completed by Nova Beaucage Mines. The cash will be used to fund an expanded underground program on the company’s 35%- owned Elder mine project near Rouyn, Que. The pr…