Montreal Exchange: Syngold makes big gain
Wednesday close, Nov 5 A good example of the success of Quebec’s flow-through offerings to raise money for exploration is found in Syngold Exploration. It might also be an argument against flow-throug…
News
Equity trims loss
Equity Silver Mines reported a loss of $583,000 or 2 cents per sha re for the nine months ended Sept 30, compared to a loss of $713,000 or 3 cents a share the previous year. President A.J. Petrina sa…
Aunore completes financing
Financing required for the balance of this year’s exploration program has been completed, says Quebec-based Aunore Resources. A private placement agreement has been concluded which will provide $1.242…
Maclan Exploration has changed its name to Can-Mac Exploration Ltd.
share-for-share basis.
Editorial: Publicize mining industry research
While the whole nation celebrated its first Nobel Prize in 15 years, there were rumblings recently of cutbacks at the National Research Council, one of the main advocates of science and technology in …
Colorado group plans gold seminar
A three part seminar entitled Finding Gold will be presented in Denver, Colo., from Feb 9-11, 1987. Offered in co-operation with the Colorado Mining Association, the seminar was developed by Stanley W…
Energex winds down Toodoggone work
Increased income from operations and a positive cash fl ow boosted Energex Minerals’ cash position during the quarter ended Aug 31 to $1.64 million. President Arne O. Birkeland says the company’s inve…
Gold Reef Resources has changed its name to Venture Gold Corp. on a
share-for-share basis but remains under a temporary cease-trading order.
For the 9-month period ended Sept 30 T & H Resources posted a
$917,698, up slightly from the $909,734 deficit at the end of the compa rable period of 1985. President John Pollock reports that to date a report has not been received from Tenore Oil and Gas regardi…
Minefinders Corp. extends gold zone on East Group bet
Drilling on Minefinders Corp.’s East Group property in northwestern Quebec’s Dubuisson Twp has extended the strike length of the gold-bearing shear zone discovered earlier in the year. Recent results …
Big jump in reserve figures at McNellen/Muscocho bet
McNellen Resources reports a nearly 60% increase in the calculated reserve figure for its jointly- owned Magino gold project, about 60 miles east of Hemlo, Ont. Muscocho Explorations is McNellen’s 50/…
Letters to the Editor: The platinum coins
I was interested to read your article First Platinum Mine — Where? Who? and surprised to see the statement that it was the Swiss who started minting 1-oz platinum coins. We believe the first platinum…