It’s a bad move to relocate the OGS
The following guest editorial is from Dr E. G. Pye, former director of the Ontario Geological Survey. Decentralization of government services has been a cornerstone of Ontario government policy sinc…
News
HudBay over half way on exploration shaft
Hudson Bay Mining and Smelting reports it is on schedule with an exploratory shaft at its nickel ore discovery beneath Namew Lake, 40 miles south of Flin Flon, Man. Diluted recoverable reserves at the…
Coniagas Mines
The Coniagas Mines has purchased six claims from Hillsborough Exploration located in Pifher Twp., near Beardmore, Ont. The deal is subject to approval of Hillsborough shareholders. In a related transa…
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 …
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…