1986

Deep drilling by Noranda boosts potential of Ribago

Good drill results depth have increased the likelihood of going underground on the Ribago-Silidor project near Rouyn, Que., a joint venture of Noranda, Cambior and Cogesco Mining Resources. Cogesco is…


Duration drilling Ronrico option

Drilling has resumed on the property held by Duration Mines and Ronr ico Explorations in the Casa Berardi area of northern Quebec. Two drill rigs are testing several targets. In the Dougie Lake area, …


Mono Gold Mines boosts reserves

Additional drilling has enabled Mono Gold Mines to increase reserves on the company’s Madoc, Ont., area property to 249,940 tons grading 0.446 oz gold per ton. The reserves, which are not broken up by…


United Reef/Canhorn in joint venture

A joint venture has been formed between United Reef Petroleums and Canhorn Corp. to further explore the former’s Nickel Offsets mine acquired by Canhorn through its recent amalgamation. Under the term…


People (December 01, 1986)

EQUINOX RESOURCES — W. W. (Chuck) Carlton appointed director succeeding Mark Waller who has resigned.


Tantalum demand should stabilize

Demand for tantalum in 1987 should be more stable than in recent years, but supply is less certain, says Roskill Information Services of London. Prices, which rose fourfold in two years to a peak of $…



COATS Trading Features (December 01, 1986)

Regal Goldfields Ltd. came back to life after rescinding a cease trade order. The issue opened up at 45 cents -55 cents . Regal holds a major interest in a company which is planning to carry out explo…


Syngold, CFC find new Deka zone

Syngold Exploration and Corporation Falconbridge Copper report the discovery of a new gold zone on the Deka property two miles northeast of Noranda, Que. Seven vertical drill holes on 400-ft centres h…


Production imminent, Royex eyes Hedley

With production from its Mascot gold mine scheduled for mid-1987, Royex Gold Mining has moved decisively to expand its land position around Hedley in south-central B.C. Royex will take a share positon…


American Platinum assays platinum at Lac des Iles

Platinum and palladium mineralization has been assayed on ground tyi ng on to the eastern boundary of the Madeleine Mines platinum-palladium Roby deposit in the Lac des Iles area, north of Thunder Bay…


Teck will not proceed on Fleck’s platinum bet

In a move that has left Fleck Resources in the words of President Jo hn McGoran”not in the best position,” Teck Corp. has not picked up its option on the former’s 100%-owned platinum group metals (PGM…


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