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…
News
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 …
Viceroy drills again on California heap leach gold bet
Viceroy Resource Corp. says drilling has resumed on the Castle Mountain open pit heap leach gold project southwest of Las Vegas, Nev. Viceroy says the first complete hole drilled to test the western e…
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…
Over-the-Counter Trading Features (September 08, 1986)
A plan by Blackstone Explorations to sell radon gas detection equipment to households has caught the attention of investors. The issue moved up to 53 cents -58 cents in good volume of more than 250,0…
New mineral branch director
John Wood has been appointed director of the new northwestern mineral development branch in Kenora of the Ontario Ministry of Northern Development and Mines. Mr Wood is the first mining director to be…
Mining conference Leoben, Austria
A national resource forum titled Canadian Mining Industry — Emerging Challenges and Opportunities will be held Sept 11-14 at Banff, Alta. The forum will examine future prospects for the industry and …
Correction Abermin Corp.
A story on Abermin Corp. in the Aug 18 issue neglected to mention the width of the high grade discovery in the coronation zone. A channel sample taken across 11.5 ft grades 0.717 oz gold per ton, 14.9…
People (September 01, 1986)
GLAMIS GOLD — Andrew Milligan has resigned as president and James Carter as vice-president and chief financial officer.