News

Major exploration starts at Terramar’s Reid mine

Now that a prolonged fight with its Reid mine partners is over, Ter ramar Resource Corp. has commenced a major exploration program at the mine which will include dewatering the 800-ft level. The main …


News in Brief (September 08, 1986)

Share purchase warrants of Placer Development posted for trading on the TSE on May 3, 1983, in connection with a unit offering by prospectus dated March 15, 1983, expire on Sept 30, 1986.


La Teko results very high grade

Some very high grade gold values have been encountered in a drill program at La Teko Resources’ Tillicum Mountain property near Nakusp, B.C. The project has a reputation for generating bonanza-type re…


Further drilling for Achilles at Casa Berardi

Vancouver-based Achilles Resources is going to carry out a second-phase follow-up program of exploratory drilling on its 69-claim Casa Berardi gold property in Estrees twp. which it holds under option…


Platinum property for Cream Silver

Geology favorable for hosting platinum and chromite mineralization has been mapped on claims held by Cream Silver Mines in the Lac des Iles area. Located 50 miles north of Thunder Bay, Ont., the Lac d…


Scintrex in China

Scintrex Ltd. says it has a $640,000 contract with China to provide a helicopter-borne geophysical system for aerial mineral exploration.


Stop kicking a wounded industry

Tighten government spending? Slash the federal deficit? These appear but a daydream of Prime Minister Brian Mulroney. Certainly it’s a message that has not got through to the Canadian International De…


Drilling at Sumich

A surface drilling program has started on the New Beginnings Resources’ Sumich mine property in Nevada. The program will test for extensions of the zone along strike and at depth. Approximately 30,000…


Alberta Stock Exchange Trading slows down

Wednesday close, Sept. 3 Trading was inactive this week in Calgary with just 2,949,700 shares exchanged. American Oakwood Energy was the most active issue, trading nearly 350,000 shares at 23 cents . …



New Falco Copper team keen on Winston Lake

Production by early 1988 is what Ian D. Bayer, newly-appointed president and chief executive officer of Corporation Falconbridge Copper (CFC) foresees for the rich zinc orebody at Winston Lake, near S…



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