Tashota-Nipigon options properties from McAdam
Tashota-Nipigon Mines says it has acquired the right to earn a 25% interest in two advanced gold projects in Quebec and British Columbia. One of the properties is the former McWatters gold mine near R…
News
Flow-through deal for Citadel Gold
Additional exploration at Citadel Gold Mines property near Wawa, Ont., will be funded by a $2.5-million flow-through share offering made to CMP Funds Management. The former producing mine has been dew…
Second drill due on Julbey gold bet
Jilbey Industries says diamond drilling and other work, including an IP survey, is under way on its 16-claim property in Duverny Twp. near Amos, Que., with Bay Resources and Services as operator. Jilb…
Metals Report Cobalt shows political clout
Cobalt has proved to be one of the most volatile of minerals in the past year, due largely to the shifting sands of African politics rather than purely economic factors. “Cobalt carries more geopoliti…
Glen Auden, Adola cut low grade gold (January 05, 1987)
Drilling by partners Glen Auden Resources and Adola Mining has yielded encouraging results from their Taylor Twp., Ont., gold prospect. Located east of Timmins, the property covers a section of the De…
A seasonal move upward could greet gold in ’87
A tendency for gold prices to hit a seasonal peak early in a new year could be repeated in 1987, says Paul Roberts, a mines and metals analyst with Andras Research Capital. He is not alone. The tradit…
Report from Calgary Cash flow down for Comaplex
Comaplex Resources International reports reductions in sales, cash flow and net profits for the first nine months of 1986 compared with the same period in 1985. Although revenue from the minerals divi…
Tashota Nipigon, Quinteko invest in McWatters bet
McAdam Resources has invited Tashota Nipigon Mines and Quinteko Resources to each earn a 25% interest in McAdam’s right to earn a 100% interest in the McWatters gold property in northwestern Quebec. B…
Golden Star’s Omai optioned by Placer
A joint venture proposal, made by Placer Development, has been accepted by Golden Star Resources, the company says. Golden Star controls the Omai gold deposit in Guyana, South America. The Placer deal…
Obituary Campbell Barrett
Campbell Barrett, a mechanical engineer who worked both in mining and in government and was a pioneer in enforcing mechanical safety standards in the mines of Ontario, has died, in Toronto, at age 76….
Winter program on Dasher’s claims in Casa Berardi area
A $415,000 winter exploration program is planned on Dasher Resources’ Casa Berardi claims in Montgolfier Twp., Que. The program is to be funded 70% by Dasher and 30% by American Barrick Resources whic…
Metal Snips (January 05, 1987)
Canadian production of refined copper in September increased to 47,014 tonnes from 42,040 tonnes in September, 1985. Primary copper production decreased to 62,702 tonnes from 63,570 tonnes. Gold produ…