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 …
News
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.
Correction Coin Lake Gold
As a clarification, all dollar figures quoted in last week’s story on Coin Lake Gold Mines’ Golden Reward property were expressed in U.S. dollars, (except for the share price quoted on the Toronto Sto…
Siscoe has profit
United Siscoe Mines reports net income of $6,483,000, or $1.72 per share, after extraordinary item, for the six months ended June 30, with a loss of $1,513,000, or 40 cents a share, in the similar pe…
Letters to the Editor Haileybury graduates appreciated
In response to the letter “Haileybury has fallen behind” by Ken Swanson (mining technologist) in your Aug 18 issue, I have the following comments to offer: * It is a very self-serving letter — repu…
Canamax ups reserves at Kremzar gold project
An additional 264,000 tons of reserves have been outlined at the Kremzar gold property operated by Canamax Resources, the company reports. Located 25 miles northeast of Wawa, Ont., the Kremzar propert…