News

Deep drilling by Noranda boosts potential of Ribago

Good drill results depth have increased the likelihood of going underground on the Ribago-Silidor project near Rouyn, Que., a joint venture of Noranda, Cambior and Cogesco Mining Resources. Cogesco is…


OMEP budget increases by $4 million

The Ontario government is throwing an additional $4 million into the Ontario Mineral Exploration Program (OMEP) for fiscal 1986-87, increasing the budget to $12 million from $8 million. Edward Solonyk…


Report from Calgary Savanna focus on Turner-Albright

Operating from the premise that mineral markets are cyclical in natu re, Savanna Resources has assembled an inventory of interests in 10 mineral properties in varying stages of development. The compan…


Axiom: mines are made in force at Dumagami

The successful development of the Dumagami Mines’ gold property once again goes to show the power of the old axiom that mines are made rather than the product of a happen-chance discovery, notes Presi…


McNellen seeks stock split okay

McNellen Resources, which has underground and surface work well unde r way at its jointly-owned Magino gold project near Hemlo, Ont., says shareholders will be asked to approve a 2-for-1 stock split a…


Page-Williams Canada’s top gold producer

The Page-Williams gold mine at Hemlo, Ont., surpassed the Campbell m ine in gold production for the 3-month period ended Sept 30. The Hemlo mine, developed and operated by Lac Minerals but currently t…


New Privateer acquires pilot plant for Zeballos

A gravity concentrator has been purchased by New Privateer Mine for its small mining operation near Zeballos on Vancouver Island. The pilot plant is rated at 100 tons per day but Harvey H. Cohen, pres…


Mid-Canada, Abitibi begin drill programs

A drilling program is under way on the Bourlamaque, Que., gold prope rty held by partners Mid- Canada Gold & Copper Mines and Abitibi Resources. After this phase of exploration Abitbi will have earned…


QPA to release flow-through study

A study into the benefits of flow- through share financing for miner al exploration has been completed and the results are “very, very positive,” the president of the Quebec Prospectors Association sa…



Pronto options Esso property

An agreement has been signed between Pronto Explorations and Esso Mi nerals Canada giving Pronto the right to earn a 50% interest in Esso’s Long Lake gold prospect. Located 120 km north of Lac du Bonn…


News in Brief (December 08, 1986)

Agassiz Resources reports a profit of $962,387 on revenue of $17,693 ,661 for the year ended June 30 compared with $1,932,156 on revenue of 13,588,194 for the same period in 1985. For the 3-month peri…


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