News

Automation soon VSE improves its image

In today’s intensely competitive global economy automation has become synonymous with survival not only for industry but for stock markets as well. Determined to maintain its pre-eminence as North Ame…


Letter to the editor Seeks Red Lake information

I am endeavoring to locate the daughter of the late mining pioneer, Horace G. Young, (1881- 1966). I believe she is Mrs Wilhelmina Charlton, last known living in Calgary, Alta. I represent the Red Lak…


Letter to editor President Reagan a victim?

Congratulations on your editorial on Canada-U.S. relations Jan 12. Do not be so hard on Reagan. He is only a wacky-minded ham actor at best. Well-heeled conservative business people spent billions to …


Pundata acquires Nevada properties

A large block of ground consisting of 267 claims has been acquired by Pundata Gold Corp. in Nevada. Located 30 miles southwest of Las Vegas, the property covers several old workings which focused on c…


Seabright Resources private placement

A private placement by way of an offering memorandum has been announced by Seabright Resources. The private placement consists of a minimum of 100 units and a maximum of 600 units with a minimum subsc…


New clearing system for metal exchange

The London Metal Exchange will introduce a new clearing system May 29. Changes to the current form of trading will include the introduction of a single monthly prompt date for 12 months beyond the exi…


Muscocho encouraged at Magnacon project

Exploration drifting underground at the Magnacon joint venture in the Mishibishu Lake area of northern Ontario is continuing to turn up gold values on the 300-ft level. In the joint venture, Muscocho …




Drilling under way on Diana, CFC bet

Drilling has begun on the Queylus Twp., Que., gold property held under option by Diana Resources. Project operator Corporation Falconbridge Copper plans to spend $427,255 on the property following up …


High grade drilled on Jilbey’s Fontana

A high grade section has been drilled by partners Jilbey Industries and Bay Resources and Services on the Fontana property in Duvernay Twp., Que. Hole 6 was spotted 1,600-ft northwest of the Fontana …


Davidson Tisdale officers come under fire at meeting

The fiery tartan colours of clan Stuart have finally come back to haunt the board of directors of Davidson Tisdale Mines. At a special meeting of shareholders, mining promoter Charles Stuart, bedecked…


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