Editorial: The vicars of Gaud
There are strange things done in the Midnight sun by the men who toil for gold, but the strangest thing I ever did see was Noreen Stevens’ Christ gold coin. That famous bard of the North, Robert Ser…
News
Noranda continues drilling on Andaurex’s B.C. property
Drilling is continuing by Noranda Exploration on the the L.H. gold property near Silverton, B.C., held by Andaurex Resoures. Hole L.H. 86-3 drilled about 300 ft southeast of L.H. 85-2 intersected a wi…
SUMMIT RESOURCES — Robert G. Jennings elected a director
NO TEXT…
Pan East/Greenstrike and Resource Capital heads of agreement
Alberta-listed Pan East Resources has entered into a heads of agreement with Resource Capital International and Greenstrike Gold Corp. Under the terms, Resource Capital will purchase 555,555 units o…
Drilling planned by Argentex in Puiseaux and Orvilliers twps, Que
A 25,000-ft diamond drilling program is scheduled to start in December on Argentex Resource Exploration’s property in Puiseaux and Orvilliers twps., Que. The drilling will test areas which yielded ano…
Pegasus Gold posts nine-month profit
Higher gold prices and increased production are the main reasons behind the positive financial statements posted by Pegasus Gold Corp. in the latest 9-month period. The company realized a net profit o…
MONTREAL EXCHANGE — Andre Saumier has resigned as president but
special consultant to the end of this year.
Banquest Resources has changed its name to Universal Pre-Vent Inc.
basis of 1 new for 5 old shares.
A letter of intent has been signed between Covington Springs
and New Horizon Manufacturing. The deal, if completed, will result in control of Covington passing to New Horizon. In return for paying New Horizon 4.4 million shares, which is equivalent to 81.1% of …
Bighorn Development Corp announces that First Exploration Fund
Limited Partnership has agreed to fund a surface diamond driling and shaft rehabiliation and underground bulk sampling program on the company’s Island Lake Gold project in Manitoba. Total flow-through…
CONSULTING ENGINEERS OF B.C. — James P. Keen appointed executive
succeeding Bert Shore.
Rule delay on asbestos criticized by institute
The U.S. Environmental Protection Agency says it is revising the studies on which its original proposal to ban the mining and use of asbestos was based. But the cost of the studies and the time requir…