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Renox Creek Resources has changed its name to Equinox Entertainment Corp. on a share-for-share basis.


Lakeshore program

Geochemical sampling has been completed on Lakeshore Minerals’ property in Maricopa Cty., Ariz. The work has identified several zones of anomalous gold values associated with arsenic and antimony. Du…


Nanisivik mine profitable for MRI

Mineral Resources International reports net income of $4.5 million or 30 cents a share, for the nine months ended Dec 31, compared with a loss of $700,000, or 5 cents a share at the end of 1985. The…


Steep Rock writeoff results in year loss

Steep Rock Resources has written off its $648,208 investment in the Lake St. Joseph iron ore property. The property is near Atikokan, Ont. As a result, the company realized a loss of $188,205 for 1986…




United Reef buys platinum concession

A letter of intent has been signed between United Reef Petroleums and a private company for the purchase, by United, of a 32,000-acre concession in the Labrador Trough. Located in northeastern Quebec,…


Goldstake gets cash

A private placement has been completed by Goldstake Explorations which has raised $750,000. The issue of one million common shares with warrants was made to a European group. The proceeds, Goldstake s…


Unique platinum play for Eldor, Ellen

A unique showing of platinum mineralization, associated with uranium and gold, is the focus of an exploration program operated by Eldor Resources and funded by partner Mary Ellen Resources. Known as t…



Editorial Ups and downs at the PDA convention

The mood at this year’s convention of the Prospectors and Developers Association of Canada will likely swing somewhere between exhilaration and apprehension. Among the 3,000 or so delegates expected…


Camindex seeks extra funding

Additional funding is being sought by Camindex Mines for the Valdez Creek Mine gold project in Alaska, in which Camindex has a 51% interest. The company reports it is in arrears with respect to its fu…


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