Getty, Davidson launch program
A $2.6-million exploration program covering the balance of the 1986 flow-through year has commenced at the Tisdale gold project of Getty Resources and Davidson Tisdale Mines near Timmins, Ont. Getty h…
News
Wilco options N.S. property
Toronto-listed Wilco Mining has acquired an option to explore and, if feasible, to bring to production, a 960-acre gold prospect at Wine Harbour, near Sherbrooke, Guysborough, N.S. Wilco acquired the …
Anomalous platinum assayed by Stockmen
Anomalous platinum values have been assayed following a reconnaissance geochemical survey of claims held by Stockmen Energy in the Ungava area of northern Quebec. Of 125 grab samples collected, 80 wer…
Heap leaching course to be repeated
The Society of Mining Engineers (SME) will repeat the short course entitled Evaluation, Design and Operation of Precious Metal Heap Leaching Projects Feb 20-22 at the Radisson Hotel in Denver, Colo. P…
Noront Res. busy on Olive-Preston
Dewatering and shaft rehabilitation is slated on the 59-claim Olive- Preston project as soon as possible, weather permitting, by Noront Resources. The Toronto-based company can earn up to a 60% intere…
Montreal Exchange Syngold sets a new high
Wednesday close, Dec 17 For the second week in a row Syngold Exploration was the most active issue on the Montreal Exchange establishing another high on the strength of drilling results from the Owl C…
Mining to be conventional at Pegasus’ U.S. project
The Montana Tunnels project will be the first conventional mining operation for Pegasus Gold which has built a solid reputation for processing low grade gold ores by heap leach methods. Located about …
Gallagher options Red Lake property
An option agreement has been completed by Gallagher Explorations giving the cimpany the right to earn a 45% interest in seven claims adjoining the Arthur White gold mine near Red Lake, Ont. Known as t…
Rambo’s drilling extends shear to 330-ft horizon
A mineralized section more than 55 ft wide was intersected in hole 86-2 on Rambo Explorations’ Turgeon property in northwestern Quebec’s Massicotte Twp. The company says the hole confirms the extensio…
Barrick buys into Cons Gold
Precocious American Barrick Resources, already a darling of North American gold stock investors and not yet three years old, has boldly grabbed a substantial stake in Consolidated Gold Fields. Barri…
Bonanza discovery claimed by Taywin
Taywin Resources has stripped and trenched a bonanza gold and silver discovery on Vancouver Island. Further exploration is planned including percussion and diamond drilling, says J. Donald Graham, pre…
Metals Report Gold loans for mines gain favor
Gold’s role as the currency of last resort is being enhanced by a growing trend among financial institutions to finance mine development through gold loans. Gold loans work this way. A bank lends a co…