News


Lynx-Canada drills, Sparton drops out

Drilling is in progress testing six targets on the Harker-Garrison property held by Lynx-Canada Explorations. Sparton Resources declined to participate in the program, leaving Lynx to fund continuing …


Kenora bets not to overlook

Since the beginning of January, second-tier Canadian gold stocks — companies on stream to production or clearly prospective new producers in advanced stages of exploration — have by and large come t…


Hardrock drilling cuts quartz vein

The first hole of this year’s diamond drilling project encountered a 12-ft-wide quartz vein on its property near Geraldton Ont., reports Hardrock Extensions President S. M. Malouf. The quartz vein exh…


Tonnage, grade increases on Eureka B.C project.

Eureka Resources reports an independent evaluation of 1986 exploration results on the company’s Frasergold precious metals project in central B.C. has confirmed upgrading of results and tonnage and gr…


News in Brief (February 09, 1987)

Malartic Hygrade Gold Mines has arranged financing for $3.1 million via an issue of flow-through shares to two funds in Quebec. The funds will finance exploration in the company’s Orion property in Qu…


Montreal Exchange Vior jumps by 50%

Tight-lipped Sigma Mines permitted Vior to release results of a super hole drilled on Vior’s Ligneris Twp. property. Hole 73 cut 40 ft grading 0.35 oz gold per ton, although results from some check as…



Murray Pezim believed out to regain Corona

The man who financed International Corona and through it the discovery of the Hemlo gold camp wants his money back. Murray Pezim has gone public about a rift with Corona Chairman Peter Steen and he ma…


Northair drilling `Spectacular’ intersection

Recent drill results from Northair Mines’ Willa gold project in southeastern B.C. included one spectacular intersection grading 1.4 oz over 59 ft. According to Donald A. McLeod, president, check assay…




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