News in Brief (August 03, 1987)
S.I.S. Explorations has changed its name to Allegiance Equity Corp. (anq:vse) on a basis of one new share for four old shares.
News
Noranda, Getty release results of Tundra project
Additional drilling results have been obtained from Noranda Inc. and Getty Resources’ Courageous Lake joint venture property located 130 miles northeast of Yellowknife, N.W.T. Previous results from a …
Queries Kaaba to heap leach in California
When I last wrote to you in the summer of 1985, you seemed unaware of Skyline Explorations, which was trading on the Vancouver Stock Exchange at 85 cents . Since you haven’t published any news of Ka…
CROSS-CUTS Huge nugget find reported
It looks like a big baked potato, it’s said to weigh 74.6 oz and it could be worth at least $60,000. “It” is a gold nugget, discovered July 9 at Squaw Creek, B.C., that could be the biggest ever in Ca…
SUPPLIERS’ NOTES Robertson Research International
A new airborne geophysical and remote-sensing contracting/consulting service is available to the international exploration industry. Robertson Research Internat ional of the U.K. has expanded its geop…
Noranda divisions report second quarter earnings
Across-the-board improvements in all of Noranda Inc.’s resource divisions made it an encouraging second quarter for the company. Second quarter earnings were $103.1 million, or 66 cents per share aft…
Acadia pulls exceptional hole on Mooseland bet
Acadia Mineral Ventures has drilled what President Donald Smith calls “probably the biggest hole to be pulled in the Maritimes.” It’s hole E-5 put down on the east side of the Tangier River on the com…
Black Swan drilling indicates 100,000 tons
Drilling has established a reserve of 100,000 tons grading 0.35 oz gold at Black Swan Gold Mines’ Merriland property in Queensland, Australia. The company is operator for the project and has a 60% int…
Investor program
A global investor program, Corporate Expo, will take place Sept 21-24 at the Barbican Centre in London, England. Focus of the forum will be on precious metals companies. A round-table discussion of in…
News in Brief (July 27, 1987)
Meacon Bay Resources reports it has completed a private placement of 1,000,000 of its units at 10 cents per unit. Each unit consists of one common share and one share purchase warrant, each of the la…
Interaction drilling for Carlin-type sold
A drill program is under way at Interaction Resources’ Mill property in Lander Cty., Nev. The company has the right to earn a 51% interest in the property which is owned by Brican Resources and Bow Va…
Westley leases claims
Westley Mines reports it has leased 34 claims in southwest Oregon known as the Burnt-Peak project, covering a one-and-a-half mile strike length of a broad, northwesterly-trending gold-bearing zone in …