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…
1986
Editorial The Christmas spirit
Last week we carried a story on this page about Christmas in a northern mining camp in the early 1930s, in which painted macaroni and tinfoil from tobacco tins served as tree decorations, and partridg…
At Feasibility stage on Abermin gold bet
Exploration work is continuing at Abermin Corp.’s Tartan Lake project near Flin Flon, Man., which falls under a joint venture agreement with Granges Exploration. According to Roger P. Taylor, Abermin …
Cons. McKinney acquires interest in Wyoming mine
Consolidated McKinney Resources has picked up a 50% interest in the Carissa mine, a gold prospect in Wyoming with a modest production history. The mine produced about 11,500 oz gold prior to its closu…
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…
Queries Spirit recharging
I understand that Spirit Lake has acquired some property in the Wawa area. Please fill me in. D. H., London, Ont. Not much has been heard from Spirit Lake Exploration since the late 1970s, but it seem…
Madeleine arranges additional funding
Additional funding has been arranged for Madeleine Mines, which is developing a large paladium-platinum-nickel-copper deposit in the Lac Des Iles area of northwestern Ontario. The company reports that…
Roxmark drilling in Geraldton area
Drilling has started with two rigs on the Geraldton, Ont., holdings of Toronto-listed Roxmark Mines. Approximately, 10,300 ft of surface drilling is scheduled for completion by Feb 28, 1987, President…
Goldpost hits good hole in Timmins area gold bet
The Timmins, Ont., area, already stirred by the recent gold discovery of Syngold Exploration, is being further stimulated by drill results from another junior working in the area. Goldpost Resources r…
Petromet/RCI reach agreement
An agreement has been reached between Petromet Resources and Resource Capital International (RCI) whereby RCI will subscribe for 150,000 units of Petromet for a total price of $360,000. Each unit cons…
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…
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…