Axiom: mines are made in force at Dumagami
The successful development of the Dumagami Mines’ gold property once again goes to show the power of the old axiom that mines are made rather than the product of a happen-chance discovery, notes Presi…
News
McNellen seeks stock split okay
McNellen Resources, which has underground and surface work well unde r way at its jointly-owned Magino gold project near Hemlo, Ont., says shareholders will be asked to approve a 2-for-1 stock split a…
Page-Williams Canada’s top gold producer
The Page-Williams gold mine at Hemlo, Ont., surpassed the Campbell m ine in gold production for the 3-month period ended Sept 30. The Hemlo mine, developed and operated by Lac Minerals but currently t…
New Privateer acquires pilot plant for Zeballos
A gravity concentrator has been purchased by New Privateer Mine for its small mining operation near Zeballos on Vancouver Island. The pilot plant is rated at 100 tons per day but Harvey H. Cohen, pres…
Mid-Canada, Abitibi begin drill programs
A drilling program is under way on the Bourlamaque, Que., gold prope rty held by partners Mid- Canada Gold & Copper Mines and Abitibi Resources. After this phase of exploration Abitbi will have earned…
QPA to release flow-through study
A study into the benefits of flow- through share financing for miner al exploration has been completed and the results are “very, very positive,” the president of the Quebec Prospectors Association sa…
Vancouver Stock Exchange Selective and narrow trading
Wednesday close, Dec 3 With market volume remaining at respectable levels, trading activity has been quite selective and directed at a fairly narrow range of speculative issues. Tuesday’s volume was 1…
Nevada gold map
Nevada’s Bureau of Mines and Geology has released a new revision of its map of bulk-mineable gold and silver deposits and prospects. The million-scale map shows the locations of 74 deposits and 81 pro…
Pronto options Esso property
An agreement has been signed between Pronto Explorations and Esso Mi nerals Canada giving Pronto the right to earn a 50% interest in Esso’s Long Lake gold prospect. Located 120 km north of Lac du Bonn…
News in Brief (December 08, 1986)
Agassiz Resources reports a profit of $962,387 on revenue of $17,693 ,661 for the year ended June 30 compared with $1,932,156 on revenue of 13,588,194 for the same period in 1985. For the 3-month peri…
Deep hole clicks for Seabright Res
The first deep drill hole put down by Seabright Resources on the Beaver Dam property in Nova Scotia has intersected gold mineralization 700 ft deeper than any previous drilling. As a result of the sig…
Zahavy and Getty re-activate Favourable Lake
A $7.8 million 2-phase exploration and development program has been approved by joint venture partners Zahavy Resources and Getty Resources that could lead to a production decision on the Favourable L…