News

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 …


Montreal Exchange: Mazarin makes gains

Wednesday close, Oct 1 Word that Quebec prospector Peter Ferderber backed by a syndicate of 12 investors had made a significant platinum discovery north of Schefferville, Que., added to Mazarin’s fort…


CDC is selling its share holding in Falconbridge

Dome Mines, (with 24%), emerges the dominant shareholder of Falconbridge Ltd. as the result of the sale by the Canada Development Corporation of the CDC’s 10.5 million common share holding in Falconb…


Editorial: Death of flow-through looks premature

While there is concern, there could be more smoke than fire in Queb ec Mines Minister Raymond Savoie’s statement (in a front page article in last week’s issue of this paper) that the federal governmen…


Letters to the Editor: Reader favors OGS relocation

This is in reply to the guest editorial by Dr E. G. Pye, former director of the Ontario Geological Survey, entitled It’s a bad move to relocate the OGS, Sept 8. Before speculating as to whether the OG…


MRI/Naniusivik/CDC reach agreement

Nanisivik Mines and Mineral Resources International and Canada Development Corp. (CDC) have reached an agreement, reports Mineral Resources President J. C. Lamacraft. A wholly-owned subsidiary of CDC …


Chances remote for an open pit at Giant Bay bet

Giant Bay Resources, which had hoped initial mining from its Gordon Lake gold property in the Northwest Territories could have been open pit, says that possibility “now seems highly unlikely.” The com…


Noranda OKs production on rich Isle Dieu orebody

What is so far a small but very rich zinc-silver-copper deposit near Matagami in northwestern Quebec is being put into production by Noranda Minerals at a cost of $35 million. Site preparation on the …


Cominco battery vies for national research award

A major percentage of auto batteries in North America may soon be produced using advanced manufacturing technology developed by a subsidiary of Cominco Ltd. The unique process was developed by Cominco…


Highwood/Hecla project could be producing in ’87

A deal between Hecla Mining Co. and Highwood Resources could lead to construction of a specialty metals mine as early as next year, Highwood President D. G. Thomas says. The deal, which was signed in …


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