News

Tanqueray exploring in several regions of Canada

Tanqueray Resources has expanded its exploration activites during the past quarter, the company says. In the N.W.T., Tanqueray has acquired an option to earn a 47.5% interest in a 15,000-acre property…


J.A.G. reports new gold zone at Malartic bet

The latest drilling campaign of J.A.G Mines is under way on the Malartic property in northwestern Quebec and core logging has already indicated interesting results, the company reports. A new gold zon…


Breakwater financing

Breakwater Resources plans to raise $2 million via a private placement of flow-through common shares. The issue will be handled by Canarim Investment Corp. The proceeds of the issue will fund explorat…


New pilot plant at Killick’s Adams bet

Killick Gold of Salmon Arm, B.C. has completed exploration at its Adams Plateau mineral claims near Kamloops B.C., the company announced recently. An 1,800-ton bulk sample was assayed recently at the …


Newhawk and Lacana deal gets shareholder approval

The reverse takeover of Newhawk Gold Mines by Lacana Mining Corp. has been approved by Newhawk shareholders. The deal will see Newhawk acquire Lacana’s 30% interest in the Sulphurets gold project in B…


Grand Teton expects to produce in 1988

Vancouver-listed Grand Teton Industries fully intends to be producing gold by this time next year. The company can earn a 50% interest in the Adelaide Crown property in Humboldt Cty, Nev. But first, t…


Quartz Mtn. placement raises $1 million

Vancouver-listed Quartz Mountain Gold has completed a private placement with four European institutional investors for 1 million units at $5.625 per unit, the company said recently. Quartz said procee…


People (November 16, 1987)

Talisman Mines — has announced its new board of directors, effective Oct 22, comprising Fred Ellerginton, John F. T. Gravely, Victor Huggard, Fred Munger and G. W. Siddall. Edward F. Carr resigned as…



GAC meeting

The joint national meeting of the Geological Association of Canada, the Mineralogical Association of Canada and the Canadian Society of Petroleum Geologists will be held May 22-25, 1988, in St. John’s…


Anglo Porcupine deals with Norex

Alberta-listed Anglo Porcupine Gold Mines has entered into a joint venture agreement with Noranda Exploration. Anglo can earn a 45% interest in the 46-claim Horwood property near Timmins, Ont. by spen…


Seadrift loss

Seadrift International Exploration reports a loss of $834,000 for the nine months ended Sept 30, compared with a loss of $321,0000 in the similar period last year. The company reports issue of share c…


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