reserve picture bright for Newhawk, Lacana
There has been a sharp increase in West zone reserves at the Sulphurets property in northwestern B.C. Newhawk Gold Mines and Lacana Mining’s combined 60% interest in the project has now been put into …
News
Hudson Bay Mining and Smelting Co. has declared a dividend of 1 (November 24, 1986)
its Special shares payable Dec 1 to shareholders of record Nov 28.
Golden Hope Resources and Golden North Resource Corp. have (November 24, 1986)
under the latter name, both on a share-for-share basis.
Cassiar loss
Cassiar Mining reported a 9-month loss of $2.5 million compared to a profit of $677,000 for the corresponding period in 1985. The company’s third quarter loss was $1.6 million compared to $1.2 million…
Hardy International Developments has changed its name to Unisave
Ltd. on a basis of 1 new for 3.5 old shares.
Profit and gold production increase posted by Barrick
Increased profit and record gold production highlight the 9-month report of American Barrick Resources Corp. For the nine months ended Sept 30, net income of $11.3 million was posted before extraordin…
High grade samples chipped by Lightning Minerals on Northwest
** gold property ** A 4,000-ft diamond drilling program is scheduled to start on the Lig htning Minerals gold property 50 miles northeast of Yellowknife, N.W.T. The drilling will follow up a positive…
Heads mining division of Westmin Resources
A mining engineer who joined the Calgary-based Westmin Resources organization as general manager in 1982 to oversee that company’s major expansion of its Myra Falls base metals-precious metals operati…
Placer earnings soar on Placer Pacific sale
Selling part of an Australian subsidiary boosted Placer Development’s net earnings to $113.7 million for the period ended Sept 30. The sale of a 21.4% interest in Placer Pacific, which represented a n…
EQUINOX RESOURCES — W. W. (Chuck) Carlton appointed a director
Mark Waller who has resigned. RESOURCE COMMUNICATIONS — Dennis Nagata appointed president.
ONTEX RESOURCES — Anthony Montamarano appointed a director.
NO TEXT…
News in Brief (November 17, 1986)
Apex Energy says it has an agreement with Esso Minerals Canada in which the latter can earn an 80% interest in the Twin Claims property, located in the Adams Lake area northeast of Kamloops, B.C. To e…