News

Audrey’s Mobrun project will be open pit operation

Treatment of a 20,000-tonne bulk sample from the Mobrun property near Rouyn, Que., is scheduled to start by the end of the month, Audrey Resources says. Audrey, which has the right to earn a 50% inter…


Getty gold exploration has $4-million backing

Getty Resources has filed a preliminary prospectus for a public offering of common shares and purchase warrants. The company’s president and chief executive officer, Richard C. Atkinson, claims it’s e…


La Teko results very high grade

Some very high grade gold values have been encountered in a drill program at La Teko Resources’ Tillicum Mountain property near Nakusp, B.C. The project has a reputation for generating bonanza-type re…


Further drilling for Achilles at Casa Berardi

Vancouver-based Achilles Resources is going to carry out a second-phase follow-up program of exploratory drilling on its 69-claim Casa Berardi gold property in Estrees twp. which it holds under option…


Platinum property for Cream Silver

Geology favorable for hosting platinum and chromite mineralization has been mapped on claims held by Cream Silver Mines in the Lac des Iles area. Located 50 miles north of Thunder Bay, Ont., the Lac d…


Montreal Exchange New and old both active

Wednesday close, Sept 3 One of the country’s newest gold producing companies and one of its oldest shared the spotlight on the Montreal Exchange this week as the gold price surged above $400 pulling g…


Queenston raises funds for exploration work

Queenston Gold Mines says it has arranged a $500,000 flow-through share financing for current exploration projects in the Kirkland Lake and Detour Lake areas. President Michael Gray says for instance …



Gold ’86 shaping up as a major international event

More than 1,000 people are expected to attend Gold ’86; an international symposium on the geology of gold deposits taking place in Toronto from Sept 28- Oct 1. Symposium Chairman Eric Craigie says mor…


Radisson drilling Douay property

Diamond drilling has started on the Douay Twp., Que., property held by Radisson Resources. Located near Joutel, the property is being tested by 5,000-ft program designed to define the dimensions of a …


Stop kicking a wounded industry

Tighten government spending? Slash the federal deficit? These appear but a daydream of Prime Minister Brian Mulroney. Certainly it’s a message that has not got through to the Canadian International De…


Queenstake adds $100,000 to its operating cash flow

Queenstake Resources says it has received $625,000 from a limited partnership for the funding of Yukon placer operating costs in exchange for a share of production and “certain tax benefits.” Presiden…


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