return for flow-through shares at 60 cents each. The proceeds will be used for exploration of Kilembe’s Malartic Twp. property in northwestern Quebec. A 2,500-ft drill program has already started on …
The hot Pickle Lake exploration area in northwestern Ontario is covered by a set of 59 new survey maps just released by Ontario’s Ministry of Northern Development and Mines. The ministry says the maps…
Mother Nature did a magnificent job concentrating the gold mineralization at Canamax Resources’ Ketza River project. And despite periods of heavy glaciation, she didn’t disturb the underlying oxide zo…
Use of Computers in the Coal Industry – Edited by Y.J. Wang & R. Larry Grayson. Proceedings of the Third Conference on the use of computers in the coal industry held July 28-30/86, West Virginia Unive…
A 26,000-ft diamond drilling program is being considered by partners Bresea Resources and Ayrex Resources on their equally held 324-claim property in Desmazures Twp., Que. Located north of Joutel, the…
A 14% jump in net earnings in the first nine months this year over the same period last year, has been attributed by Lornex Mining Corp. to reductions in operating costs and all other expenses. Lornex…
Accord Resources is completing a $300,000 flow-through share offering. When completed, the funds will be used to finance an exploration program on the company’s claim group near Beardmore, Ont. The Ac…
Wednesday close, Oct 29 A sluggish market this week saw the widely followed composite 300 mean der a few points here and a few points there. Today it was off 0.77 pts for a close of 3,011.82. While t…
Western Quebec Mines plans to go underground next year on its Joubi property near Val d’Or. The project will be financed by Oracle Exploration Inc., a new company based in Montreal that has taken out …
The construction of the flotation mill on Rhyolite Resources’ Texada Island property in the Nanaimo division of B.C. is on schedule and should be completed by mid-to-late November, reports Chairman Jo…
Keeping a tight lid on the red ink for the third straight quarter, Noranda Inc. has emerged with a profit of $52.9 million on revenues of $2.6 billion for the recent 9- month period and appears to be …
the first nine months of 1986 compared to a loss of $1,516,00 of $1.67 per share for the same period in 1985. The company says it had an operating profit of $720,000 for the 9-month period ended Sept …
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