News

Holmer Gold encouraged by Chevron results at Bristol

A strong drill hole has been completed by Chevron Canada Resources on the Bristol Twp., Ont., gold property held under option from Holmer Gold Mines. Hole 2 intersected 25.3 ft grading 0.278 oz gold p…


Tangled Canacord web involves Pioneer, Prime

Vancouver stock promoter Murray Pezim has told The Northern Miner that his merchant bank, Prime Capital, may be interested in acquiring Pioneer Metals. Such a move could facilitate an attempt by Pione…



First Toronto to amalgamate with Westray

Plans to merge First Toronto Capital and Westray Mining have been announced, with the president of Pamour Inc., Clifford Frame, to become the new company’s chairman. First Toronto is a merchant bankin…


Lacana boosts Mascot interest

Recently boosting its holdings in Mascot Gold Mines to 50.3% (from 49.1%), through the acquisition of about 560,000 shares, was Lacana Mining of Toronto. Lacana says it acquired the Mascot shares (bot…


Silverside reports new Garrison zone

A new zone of gold mineralization has been discovered 260 ft north of Zone 5, which trends east- west, on the Garrison property in the Matheson area of northern Ontario, Silverside Resources reports. …



Stock promoter sentenced for life in 1987 shooting

A stock promoter was recently convicted of second-degree murder in the Toronto shooting of a millionaire stock broker at the 1987 convention of the Prospectors and Developers Association of Canada, an…


Minefinders pleased by drill results

Drilling in 1987 returned encouraging results from a section of a shear zone which appears to extend entirely across the East Group gold property in Dubuisson Twp. near Val d’Or, Que., Minefinders Cor…


Editorial Mining stories abound

Our “Odds ‘n’ Sods” column on this page continues to cover amazingly varied ground. Most, though not all of the columns deal directly or indirectly with mining themes and most, again, relate to an ear…


Lac-Corona hearing is set for Oct 11

Final showdown in the ownership dispute over the Williams gold mine at Hemlo in northern Ontario has been set for Oct 11 by the Supreme Court of Canada. International Corona Resources was awarded the …


Queries O’Brien still under OSC investigation

Can you tell me what happened to O’Brien Energy. The company was listed on the Toronto Stock Exchange, but it disappeared about a year ago. Its chief interest was a geothermal deposit in Nevada which …


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