News


Correction (December 08, 1986)

In the Nov 24 issue it was reported in the Insider Trades section th at Echo Bay Mines bought 117,371 shares of Nuinsco Resources to hold 20,009,995 shares. That latter figure is incorrect. Echo Bay n…


People (December 08, 1986)

THE URANIUM INSTITUTE — Jan Murray appointed secretary-general succeeding Terence Price who is retiring.


THE EDITORIAL PAGE The winds of flow-through

Amid the recent speculation and fears expressed by many in the ind ustry that flow-through financing may be scrapped or revamped by Finance Minister Michael Wilson in the next federal budget, comes a …


Warrants net Eden Roc $1.5 m

The exercise of 1.2 million warrants of Eden Roc Mineral Corp. has provided $1.5 million to the company’s treasury. The funds will enable the company to continue exploration work on the Asupiri gold p…


Deep Normine hold looks interesting

Significant disseminated and banded sulphides have been encountered in the the first hole put down by Normine Resources on its Wait property near Kimberley, B.C. This hole has now been completed at a …


SMDC drilling at Jojay intersects mineralized zone

A 6,800-ft drill program has met with encouragement at the Jojay gol d property held by partners Saskatchewan Mining Development Corp. (SMDC) (66%), Claude Resources (34%) and Shore Gold Fund, which c…


Noranda Pacific intersects platinum/palladium values

Wide intersections with significant gold, platinum and palladium val ues have been obtained from renewed drilling by Noranda Pacific on its Coronation Hill joint venture located in the Northern Territ…


Ambitious program begins on Duverny gold property

A new junior mining company, Jilbey Industries which was originally financed by a 400,000-share offering at 30 cents a share through the facilities of West Coast Securities of Vancouver, began tradin…


Glen Auden assays high grade values

High grading gold values have been assayed from grab samples taken b y Glen Auden Resources from the company’s Swayze- Denyse property. Located south of Timmins, Ont., the property has been mapped, tr…


Lacana profit takes leap on gold production

Climbing gold sales from the Pinson-Prebble and Dee mines in Nevada in which Lacana Mining has interests, added to a higher gold price, gave the company record earnings for the nine months ended Sept …



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