Owl Creek West drilling resumes in the new year
Drilling on the Owl Creek West project will resume after the Christmas break by partners Montreal- listed Syngold Exploration and Kidd Creek Mines. In the meantime the latest round of drill results is…
News
Two underground programs give Muscocho good results
Muscocho Explorations says the ramp on the Magino gold project north of Wawa, Ont., has been completed to a depth of 200 ft and a crosscut has been driven for 600 ft across the gold-bearing formation….
Montreal Exchange Syngold backs off
After setting new highs for the past two weeks, Syngold Exploration came back down to earth with a thud this week. Once again it was the most active trader on the Montreal Exchange with 1,117,600 shar…
Appeal court orders new trial into Belmoral deaths of 1980
There was good news and bad news at Belmoral Mines’ annual Christmas party in Val d’Or, Que. The good news was the company’s first anniversary out of receivership: the bad news was a Supreme Court of …
Northfield and Armistice plan Larder Lake area work
Alberta-listed Northfield Minerals could acquire an interest in anot her strategic piece of ground in the Larder Lake area next to the Virginiatown gold mine operated by Kerr Addison Mines. Shareholde…
Alberta Stock Exchange Power, Oracle quiet
A good drill intersection from a gold property held equally by Power Explorations and Oracle Resources failed to have much impact on either issue. Despite releasing news of a 9.2-ft section grading 0….
Editorial Metals take a back seat
From the point of view of the mining industry, there was only one thing that marred the epic flight of the Voyager superlight aircraft around the world. The aircraft itself, which has become the first…
Correction Tax Angles
In the Tax Angles column by John Playfair and Barry Dent in the Dec 15 issue, it was incorrectly stated that, should a bill tabled in the House of Commons be passed, the alternative minimum tax (AMT) …
People (December 22, 1986)
INCO LTD – Hon. John Black Aird elected a director.
Cons. McKinney acquires interest in Wyoming mine
Consolidated McKinney Resources has picked up a 50% interest in the Carissa mine, a gold prospect in Wyoming with a modest production history. The mine produced about 11,500 oz gold prior to its closu…
At Feasibility stage on Abermin gold bet
Exploration work is continuing at Abermin Corp.’s Tartan Lake project near Flin Flon, Man., which falls under a joint venture agreement with Granges Exploration. According to Roger P. Taylor, Abermin …
Delbridge financing to fund exploration
Reactivated Delbridge Mines has received regulatory approval for a financing expected to net the company $315,000 when completed. The money will fund a follow-up exploration program on the company’s O…