News

Queries Nordore Mining is long gone

I would appreciate any information on Nordore Mining. Is the company associated with Nor-Quest Resources? M. R. Saskatoon, Sask. We spoke with Nor-Quest Resources secretary treasurer, Don Burchill, wh…


Montreal Exchange — Goldex takes off

With underground drilling just under way, Goldex Mines’ share price took off in anticipation of what that drilling will reveal on the company’s Val d’Or property. Goldex gained $1.13 on the week to cl…



Lac signs agreement with union at Doyon

A 3-year collective agreement has been signed between Lac Minerals and the United Steelworkers of America local 9019, which represents hourly employees at the Doyon gold mine, in Quebec. Owned equally…



Prospectors’ course

British Columbia’s Ministry of Energy, Mines and Petroleum Resources will be sponsoring its annual Mineral Exploration Course for Prospectors again this spring. The course runs from April 23 to May 9 …


Nordac interest sold to Uranerz

In order to eliminate a working capital deficit, Nordac Mining Corp. says it has agreed to sell its 25% working interest in the Mann Lake property, Athabasca Basin, Sask., to Uranerz Exploration and M…


Seabright Expl. to raise $14 m.

A preliminary prospectus has been filed by Seabright Explorations, a subsidiary of Seabright Resources, for a national offering through Levesque Beaubien of flow-through and common shares with warrant…


Acadia drilling Mooseland bet

So far, Acadia Mineral Ventures has lived up to the promises the company made when its shares were listed in Toronto last December. The company has raised $1.4 million and has two drills operating on …


Dickenson profit up

Dickenson Mines realized earnings before extraordinary item of $4.1 million or 36 cents per share in 1986. This compares to earnings of $1.7 million or 16 cents per share realized in 1985. After an …


Scintrex signs deal on exploration software

Scintrex has entered the software marketing business. Mineral exploration software, developed by Urquhart Dvorak, a geophysical consulting company in Toronto, and Noranda Exploration, the exploration …


Duration drilling Casa Berardi claim

A $600,000 drill program has been started by Duration Mines on its Casa Berardi area property. The drill program will concentrate on the gold-bearing porphyry shea r system which intersected visible …


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