News


Letters to the Editor EDC defends sale

I am writing in reply to your editorial Still Another Bad Move Out of Ottawa in your Jan 19 issue. You criticized the decision by the Export Development Corp. to finance the sale of a sulphuric acid p…



Potential looks sharp on Noranda/ Getty gold play

Results from the final three deep drill holes have sharpened the potential of the Tundra gold property held by Noranda Exploration Co. and partner Getty Resources. Located about 130 miles northeast of…


Royal Oak active at Maylac project

Alberta-listed Royal Oak Resources has entered into a flow- through private placement agreement with CMP 1987 Resource Partnership and Company Ltd. for proceeds of $325,000. As qualifying expenditures…


Davidson Tisdale officers come under fire at meeting

The fiery tartan colours of clan Stuart have finally come back to haunt the board of directors of Davidson Tisdale Mines. At a special meeting of shareholders, mining promoter Charles Stuart, bedecked…


Coxheath underground on Nova Scotia gold property

An Alberta-listed junior mining company, Coxheath Gold Holdings, made an important tactical move in 1986. Early in the year, the company’s technical advisory committee recommended they concentrate the…


Achates, Tag claims optioned to Mirandor

A 54-claim property held equally by Achates Resources and Golden Tag Resources has been optioned to Mirandor Exploration. The claims are located in Casa Berardi Twp., Que., approximately five miles so…


High grade drilled on Jilbey’s Fontana

A high grade section has been drilled by partners Jilbey Industries and Bay Resources and Services on the Fontana property in Duvernay Twp., Que. Hole 6 was spotted 1,600-ft northwest of the Fontana …


Letters to the Editor Hemlo Gold potential

In the interest of keeping shareholders, investors and your readers properly informed, there are several corrections that should be made to your Page 1 story on Hemlo Gold Mines, in the Feb 9 edition …


MRI finalizes rights offering

The terms of the rights offering of Mineral Resources International (MRI) to the holders of its common shares has been finalized. Under the terms of the rights offering fixed by the board of directors…


COATS Trading Features (February 16, 1987)

The most glamorous gold mining company in North America, Hemlo Gold Mines, left the COATS system for the Toronto Stock Exchange. The issue closed out at $21.50-$21.75. News of strong assay values help…


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