Two agreements for Lytton Minerals
Lytton Minerals says it has entered into two agreements, both of which are subject to the approval of all regulatory authorities. The first agreement is with Dolly Varden Minerals Inc., an associated …
News
Nordac discovers a new gold zone
Discovery of a new zone of gold mineralization has resulted from initial trench sampling on the Revenue Creek property in British Columbia, according to Nordac Mining Corp. and Rexford Minerals. The n…
North American gold title held by Newmont Gold (August 10, 1987)
The North American title for the largest gold reserve base goes to Newmont Gold Co. Newmont Gold, which is an affiliate of Newmont Mining Corp, controls properties hosting proven and probable reserves…
New zone find for Windflower
Exploration crews on Windflower Mining’s Goldfinch property in the Revelstoke division of British Columbia have discovered a new mineralized zone of quartz- carbonate vein and quartz stockwork along S…
Placer/Dome merger plan comes under Giant fire
Somebody is trying to throw a monkey wrench into Placer Development’s plans to merge with Dome Mines and Campbell Red Lake — and ironically it’s a former Placer executive. Out of the blue, Pamour Inc…
Naneco funds for U.S. bet
Alberta-listed Naneco Resources has recently entered into an agreement with underwriter Richardson Greenshields of Canada for the public distribution to a common share equity financing of up to $15 mi…
Cliff gold production scheduled for year-end
Gold production from a placer eluvial deposit is scheduled to begin by year-end Cliff Resources says. The company plans to start open pit mining and processing of gold- bearing eluvial accumulations f…
The Swede’s lead
When Mike Amsden, Falconbridge’s vice-president and general manager for Kidd Creek Mines, travelled to Stockholm earlier this year to attend the 13th World Mini ng Congress, he took a $1.25-million pu…
Eastmain explores Northern Quebec target areas
An 8-man field crew under a staff geologist is now on location carrying out geophysical and geochemical surveying, mapping and prospecting on the wholly-owned “Highway” Permit of Eastmain Resources in…
Books (August 03, 1987)
Mineral Development 1984-1986 by Nyal J. Niemuth — Reviews exploration and development at more than 180 mining properties in Arizona plus a table of gold and silver resources. $3.50(US), Department o…
Northern plans new financing
Northern Mining Explorations of Amos, Que., plans to raise up to $1 million through a new limited partnership, Societe en Commandite Isle-Dieu Matagami, the company reports. J. J. Martel, executive vi…
Glen Auden busy with several plays
Glen Auden Resources has completed a geophysical survey on over 100 claims in the La Peltrie area, Que. The ground protects the eastward extension of a gold discovery made by Rambo Exploration. Glen A…