O’Leary-Malartic lets claims lapse

Following completion of a geophysical program on a Mazarin Twp., Que., property owned by O’Leary-Malartic Mines, the company allowed its claims to lapse, O’Leary-Malartic says in its report to shareholders.

During the year, a joint venture partner was sought for the 500-acre property but without success. The company says it plans to continue searching for other properties in northwestern Ontario and Quebec. As of Dec 31, 1986, the company had working capital of $217,638.