Did not want to kill CANMET
Your editorial of Feb 9, “Where does CANMET go from here?” contains several innacuracies for which I would appreciate public correction. Firstly, I have never been commissioned to do a study of CANMET…
News
Sonora gold group getting major funds
Vancouver-based ABM Gold Corp. is raising major financing in the United States for the further financing of four closely associated listed Canadian companies within its fold — Sonora Gold Corp., Gold…
Alberta Stock Exchange Gold stays strong
The upward climb of Monte Carlo Resources has come to a shuddering halt. After adding $1.80 to $2.80 during a four-week period, the issue has tumbled even quicker, back to $2. Monte Carlo has a large …
Thompson-Lundmark gives up interest
Consolidated Thompson-Lundmark Gold Mines has given a 50% interest in its former producing gold property to Ardic Exploration and Development; a private company. Ardic earned its interest in the prope…
X-Cal steps up drill program
A second diamond drill has allowed X-Cal Resources to step up drilling on its Snowbird gold- antimony property in central British Columbia’s Omineca district. A detailed geophysical survey now in prog…
Geddes goes for the gold in Windy Craggy program
The name Windy Craggy, given to a huge base metals area in a relatively remote part of northwestern B.C., may still be a name to conjure with. After more than six years of “unremitting effort” that ha…
Underground at Eastmain for Placer, MSV
Driving of a decline ramp at the Eastmain gold deposit in northern Quebec is expected to begin within one month, John Morganti, exploration manager-Eastern Canada with Placer Development tells The Nor…
Hemlo gold helps Corona boost income
A net income of $593,000 (4 cents per share) has been reported by International Corona Resources for the three months ending Dec 31, compared with a net income of $387,000 (3 cents per share) for the…
Total Erickson moves into black
Total Erickson Resources reports net income for 1986 of $2.5 million, which compares to a loss of $9.9 million in 1985. The latter represents only six months of mining operations due to the business c…
Exploration program finished on three Forbex properties
An exploration program was recently completed by Forbex Mining Resources on three properties in the Rouyn-Noranda area of Quebec. Six short holes were drilled on the Stadacona-East property, located w…
Seafloor workshop hosted by the TGDG
A full-day workshop entitled Seafloor Hydrothermal Sulphides and Deep-Sea Drilling is being staged by the Toronto Geological Discussion Group. Scheduled for April 14, the session will take place in th…
Viceroy Resources extends a zone of high grade
Recent drilling has extended a zone of high grade mineralization at Viceroy Resource Corp.’s Castle Mountain property in California. The Lesley Ann deposit has been outlined over a width of 600 ft and…