Maclan Exploration has changed its name to Can-Mac Exploration Ltd.
share-for-share basis.
News
Vancouver Stock Exchange: Brisk trading and respectable gains
Wednesday close, Nov 5 Despite some uncertainty over gold prices, trading activity continues to be brisk and many stocks posted respectable gains over our market week. Flow-through financings have ten…
Shares of MFC Mining Finance Corp. were posted for trading on the
Stock Exchange on Oct 30. Based in Toronto, the company owns directly and indirectly 50.34% of the issued capital of Blackdome Mining Corp., which recently completed construction of a $10-million mini…
Minefinders Corp. extends gold zone on East Group bet
Drilling on Minefinders Corp.’s East Group property in northwestern Quebec’s Dubuisson Twp has extended the strike length of the gold-bearing shear zone discovered earlier in the year. Recent results …
Big jump in reserve figures at McNellen/Muscocho bet
McNellen Resources reports a nearly 60% increase in the calculated reserve figure for its jointly- owned Magino gold project, about 60 miles east of Hemlo, Ont. Muscocho Explorations is McNellen’s 50/…
Over the Counter Trading Features (November 10, 1986)
Platinum fever has finally spread to COATS-traded issues. Boston Bay Mines, which controls a 90% interest in the Lac des Iles platinum- palladium deposit north of Thunder Bay, Ont., was strong at $4.2…
Teck active in Wenatchee area
A $300,000(US) exploration program is under way on the 574-acre property in the heart of the Wanatchee gold belt area of Washington which includes part of the old Lovitt mine that produced some 400,00…
A 1,200-ft drill program is planned to evaluate the vein system on
Rock Mines’ claims in the southeast corner of Grenfell Twp. in the Kirkland Lake area of Ontario. The company says gold was first discovered on the property in 1917 and over the years various work was…
Queries: Silver Bar active, in Cobalt area
Could you please bring me up-to-date on Silver Bar Mines. I understand the company has been re-activated and has property in the Cobalt area of Ontario. K.O. Formosa, Ont. Your information is quite ac…
Aunore completes financing
Financing required for the balance of this year’s exploration program has been completed, says Quebec-based Aunore Resources. A private placement agreement has been concluded which will provide $1.242…
Editorial: Publicize mining industry research
While the whole nation celebrated its first Nobel Prize in 15 years, there were rumblings recently of cutbacks at the National Research Council, one of the main advocates of science and technology in …
Fast Blackdome payback shows mine’s strength
Bigger is not necessarily better. Very few gold mines in this country have been able to pay a dividend within the first year of production. And few indeed will show net earnings of 29 cents per share…