1986


Rayrock has option to buy control of Midland Energy

Midland Energy says a sampling program by Rayrock Resources on its Bellavista gold property in Costa Rica has confirmed previous assay results. Rayrock has been granted a 60-day extension to complete …


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…


News in Brief (December 01, 1986)

Tex-U.S. Oil & Gas has called a shareholders’ meeting to approve the purchase of a private company for 2.3 million post-consolidated shares. The company plans to consolidate shares on a 1-for-5-basis …


Northumberland is underground

A $1-million underground exploration and bulk sampling program is un der way on the Cochrane Hill gold property held by partners Northumberland Mines (70%), MSV Inc. (15%), Atlantic Gold Mines (15%) a…


Rayrock quarter warmed by Nevada gold output

Per-share earnings for Rayrock Yellowknife Resources rose to 17 cents in the third quarter to Sept 30, compared with 14 cents per share for the first six months of the year. The company attributes th…


Tin symposium faces problem of low prices

Tin International, a division of Metals and Minerals Publications of London, is holding its second international tin symposium Dec 16-17 in London. Tin International sees the central issue facing both…


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…


Northair reserves readily accessible

An independent evaluation of Northair Mines’ Willa property has come up with a reserve of 546,500 tons grading 0.182 oz gold, 0.28 oz silver and 0.87% copper across widths of 30-120 ft. President Dona…


Forest Hill adds zest to Seabright’s potential

Underground development work at Seabright Resources Inc.’s gold property here is advancing rapidly to put ore reserves into the proven category. While an investment research report by Levesque, Beaubi…


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…



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