Augmitto plans underground work
Additional underground exploration is expected to start shortly on Augmitto Explorations’ gold property near Rouyn, Que. The work is being funded by a unit offering completed on Oct 15. The undergroun…
News
Mono Gold estimates reserves at Madoc
With a total of 26,141 ft drilled in 80 holes on its Bannockburn property near Madoc, Ont., Mono Gold Mines has calculated a provisional estimate of in-place reserves of 212,729 tons of 0.288 oz gold …
Over the Counter Trading Features (November 03, 1986)
The highflyer on the COATS circuit this week was Consolidatd Grandview Inc., which soared to $2.88-$3.13. It opened at $1.40 and last week was less than 50 cents . At last report, the company was invo…
United acquires Mother Lode land
A large land position is being acquired by United Gold Corp. in the Mother Lode area of California. The first property, the Alameda, is located in Tuolumne Cty., adjoining the large Jamestown open pit…
News in Brief (November 03, 1986)
A takeover attempt for control of MacDonald Mines was narrowly thwarted by the current management at a recent shareholders’ meeting. The present board of directors received 1.75 million shares versus …
16 holes cut gold values on Cline’s Wawa-area property
Anomalous gold values were encountered with values ranging from 0.023 to 1.454 oz gold per ton in all of 16 holes drilled by Noranda Exploration on Cline Development’s Cline Lake property about 15 mil…
Vestgron shares not tendered to either two takeover bids
Trading in shares of Vestgron Mines resumed on Friday Oct 24 on the Toronto Stock Exchange after a week-long halt for disclosure that the major shareholder Cominco Ltd. has not tendered its Vestgron s…
Murphy Oil Co. has changed its transfer agent to Canada Trust Co.
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A French research institute, Ifremer, has discovered substantial
deposits of cobalt off the islands of Tuamotu near Tahiti, says the French government. Production was halted Oct 22 at Boliden AB’s Aitik copper mine near Gallivar in northern Sweden when 400 of the m…
Gold Standard Resources has changed its name to Consolidated Gold
Resources on the basis of 1 new for 5 old shares.
Bruce Ross will head mining education review
C. Bruce Ross, who retired late last year as president of Labrador Mining and Exploration, has been appointed by the Ontario government to undertake a review of the future education and training needs…
Obituary: James Nowlan
A former Nova Scotia deputy minister of mines, James P. Nowlan, has di ed in Halifax at the age of 76. A professional geologist who enjoyed a long career in the mining industry before entering governm…