News

Goldhunter

A second phase of exploration is being planned by Goldhunter Explorations at the company’s Federal Kirkland property, near Kirkland Lake, Ont. Financing for the program will be by way of a flow- throu…


Goldcorp value (October 06, 1986)

The net asset value of Goldcorp Investments as calculated at the close of business of Sept 18 amounted to $10.68 per class A share. The closing market price of the share on The Toronto Stock Exchange …


Malartic signs deal

Malartic Hygrade Gold Mines has signed a $610,000 exploration agreement with Exploration Oz and Exploration Omega regarding its recently-acquired Panache property in the Abitibi greenstone belt area o…


La Pause assays

La Pause Resources says economic assays have been encountered on its Adanac property in northwestern Quebec. The property brings together several claim blocks into one property of 51 claims lying betw…


Citadel Gold Mines starts exploration

Exploration work is scheduled to start immediately on Citadel Gold Mines, Wawa, Ont., gold property, reports vice-president W. Bernard MacIsaac. The program will include the dewatering of the undergro…


Campbell Red Lake top all-round mine

Not many gold mines in this country have turned out over $1 billion from 10 million tons of ore. And with a long, long life still ahead of it, there is an excellent chance that Campbell Red Lake Mines…


Correction (October 06, 1986)

The Centre for Mineral and Energy Technology (canmet) did not help develop cyanide recycling technology being marketed by Cy-tech Inc. of Mississauga, Ont. as was stated in a story last week. The tech…


Editorial: Some Sanctions]

There has been a lot of tough talk emanating out of Ottawa lately (Messrs Mulroney and Clark) directed at South Africa, threatening the imposition of sanctions against that country designed to cripple…


Editorial: Potash producers reel

The mining industry in this country, heavily dependent on export mar kets, is unquestionably hurting, though hardly as sorely as is the oil and gas sector. Root of the malaise is the fierce foreign co…


News in Brief (October 06, 1986)

McGarry Minerals, which reports completion of an exploration/evaluation program on its Cairo Twp., Ont., gold prospect, says no further work or expenditure on the property is warranted. The program co…


Duration drilling at Casa Berardi

Diamond drilling has started on Duration Mines’ Casa Berardi property with one drill rig and a second rig scheduled to start shortly, reports President David P. Rogers. The Casa Berardi claim group, i…


X-Cal to drill at Anderson Lake

A diamond drill program is scheduled to begin this month on its Anderson Lake and Pilot properties in the Bralorne area of B.C., reports X-Cal Resources President Shawn Kennedy. Drill sites are being …


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