News in Brief (November 24, 1986)
Hardy International Developments has changed its name to Unisave Ene rgy Ltd. on a basis of 1 new for 3.5 old shares.
1986
Franklin Resources has changed its name to European Original New (November 24, 1986)
Seltzer on a share-for-share basis.
High grade silver assayed by Lacana
More high grading silver assays have been received by Lacana Mining Corp. from the company’s joint ventured California Lakes property, 25 miles southwest of Bathurst, N.B. Partners in the project incl…
No recent developments have been reported which would account for (November 24, 1986)
sharp drop in the price of Oracle Resources’s common shares, the company says. Drilling is continuing on projects near Opapimiskan Lake, Ont., and Aguta Arm in the same area.
Killick pilot plant
A small pilot plant has been installed in the Adams Plateau area of B.C. on a property held by Killick Gold. The pilot plant is rated at 50 tons per day and will be the precursor of a 100-ton mill at …
Highland Crow says results are encouraging
Highland Crow Resources says it has encouraging results from explora tion on the Riopelle vein on its 100%-owned Pickle Crow property in northern Ontario. The company says surface trenching assayed 1….
Lac Appeal : Each eyebrow’s twitch sets courtroom humming
On the first day of the Hemlo appeal, George Cohen, a Buffalo- based criminologist, jotted down notes about the five judges hearing the case noting their relative ages, appearance and demeanor. Each e…
United Gold to start drilling
A reverse circulation drilling program is expected to start shortly on the Alameda and Clio properties recently acquired by United Gold Corp. Located in the Mother Lode area of California, the two pro…
Campbell’s debt key to profits
A drastically reduced debt load is the key to Campbell Resources’ return to profitability, says President Richard Lister. For the fiscal year ended June 30, the company reported a net loss of $16 mill…
reserve picture bright for Newhawk, Lacana
There has been a sharp increase in West zone reserves at the Sulphurets property in northwestern B.C. Newhawk Gold Mines and Lacana Mining’s combined 60% interest in the project has now been put into …
Cassiar loss
Cassiar Mining reported a 9-month loss of $2.5 million compared to a profit of $677,000 for the corresponding period in 1985. The company’s third quarter loss was $1.6 million compared to $1.2 million…
High grade samples chipped by Lightning Minerals on Northwest
** gold property ** A 4,000-ft diamond drilling program is scheduled to start on the Lig htning Minerals gold property 50 miles northeast of Yellowknife, N.W.T. The drilling will follow up a positive…