News in Brief (September 22, 1986)
Contender Resources has changed its name to Strategic Communications Ltd. on a share-for-share basis.
News
Borealis drilling on NWT property
Development drilling on 5-m spacings to establish mineable reserves has started on Borealis Exploration’s Fat Lake area property in the Keewatin District of the Northwest Territories. A small open pit…
Deep oil discovery unique for province
Home Oil Company reports what it describes as the first significant deep oil discovery ever made in Saskatchewan. It says the North Tableland 8-22 well was drilled in February this year to a total dep…
Sale to Western Goldfields doubles Orofino’s money
A tidy little deal for an interest in a new Nevada gold mine has all owed Orofino Resources to double its money in about a month. In early August Orofino bought a 10% interest in the Hog Ranch mine fo…
Dejour explores in New Brunswick and in Quebec
In an interim report Dejour Mines says exploration and deferred exploration expenses for the first six months of 1986 totalled $93,466. The expenses relate mostly to work on Dejour’s properties in Poi…
Production decision near at Silver Hart’s Yukon bet
The Hart silver project is approaching the stage of a production dec ision with preliminary planning of surface and underground mining layouts underway, reports Silver Hart President Alvin Harter. Sub…
Exploration grants from B.C. government
A total of some $5 million in mineral exploration grants has been committed by the government of British Columbia to aid exploration companies. Close to 60 companies are involved in the program. There…
CLIFF TARGETS ALLUVIAL GOLD IN CALIFORNIA
Cliff Resources has been reactivated as a gold mining company specializing in exploration, development and production of alluvial gold deposits in North America. The company’s initial activities will …
CSA encouraged with Bell Creek
Surface and underground exploration results from the Bell Creek gold project, near Timmins, Ont., continue to support a positive mining decision, Consolidated CSA Minerals says in a report to sharehol…
Alberta Stock Exchange Sideways trading week
Wednesday close, Sept 17 Weakening platinum prices had their effect on Canadian Platinum Refineries, which is a recently listed issue. The stock lost 54 cents to $3.15. Canadian Platinum hopes to sta…
Editorial If you don’t compete, you die
The mining industry should probably sit up and take notice. Some months ago, at an Ontario Mining Association meeting in Toronto, the chairman of the Science Council of Canada, Dr Stuart Smith, roun…
Echo Bay set to exploreo near Sunnyside gold mine
Sunnyside Gold Corp., a wholly- owned subsidiary of Echo Bay Mines, has signed an option agreement with a U.S. company on ground adjacent to the Sunnyside mine near Silverton, Colo. Echo Bay can earn …