1986

Borealis hits good grades in virgin greenstone belt

Drilling by Alberta-listed Borealis Exploration on the so-called south zone near Fat Lake in the Keweetin District of the N.W.T. has intersected a 15-ft section grading 0.71 oz gold per ton which incl…


Gold ’86 big success

More than 1,400 geologists and mining industry representatives from around the world converged on Toronto for Gold ’86; a symposium on the geology of gold deposits. The organizers were especially plea…


CDC is selling its share holding in Falconbridge

Dome Mines, (with 24%), emerges the dominant shareholder of Falconbridge Ltd. as the result of the sale by the Canada Development Corporation of the CDC’s 10.5 million common share holding in Falconb…


Cominco battery vies for national research award

A major percentage of auto batteries in North America may soon be produced using advanced manufacturing technology developed by a subsidiary of Cominco Ltd. The unique process was developed by Cominco…


Errington in deal with Teck Corp.

Errington Industrial Enterprises says it has agreed to purchase the past-producing Stairs mine, in Midlothian Twp., Ont., from Regal Goldfields The deal, which is subject to shareholder approval, will…


Canper sampling its rich silver deposit

A sampling program is under way on the Eduardo zinc deposit controlled by Canper Resources. Located in Peru, the deposit, although small in tonnage, hosts high grade zinc mineralization. Estimated res…


Goldstack zone is shaping up

A new zone is shaping up in the central part of the Goldstack Resources’ Dubuisson Twp. property, reports President Herve Drolet. Located about seven miles west of Val d’Or Que., the property contains…


Editorial: Death of flow-through looks premature

While there is concern, there could be more smoke than fire in Queb ec Mines Minister Raymond Savoie’s statement (in a front page article in last week’s issue of this paper) that the federal governmen…


Duration drilling at Casa Berardi

Diamond drilling has started on Duration Mines’ Casa Berardi property with one drill rig and a second rig scheduled to start shortly, reports President David P. Rogers. The Casa Berardi claim group, i…


Letters to the Editor: Reader favors OGS relocation

This is in reply to the guest editorial by Dr E. G. Pye, former director of the Ontario Geological Survey, entitled It’s a bad move to relocate the OGS, Sept 8. Before speculating as to whether the OG…


Goldhunter

A second phase of exploration is being planned by Goldhunter Explorations at the company’s Federal Kirkland property, near Kirkland Lake, Ont. Financing for the program will be by way of a flow- throu…


Goldcorp value (October 06, 1986)

The net asset value of Goldcorp Investments as calculated at the close of business of Sept 18 amounted to $10.68 per class A share. The closing market price of the share on The Toronto Stock Exchange …


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