News


Golden Briar has gold values

Golden Briar Mines says two of the holes drilled in a new wide disseminated sulphide zone in Estree Twp., Casa Berardi, Que., intersected anomalous gold values up to 0.024 oz gold per ton. Drilling is…


Goldhunter plans to acquire private firm

A takeover bid has been made by Goldhunter Explorations to acquire 90% of a private company. The main asset of the private company is a 40-claim property near Beardmore, Ont., which adjoins claims hel…




Oracle to drill at Opapimiskan and Agutua Arm

Oracle Resources has signed an agreement with First Exploration Fund 1986 for issuance of 166,667 flow-through common shares at $3 per share. The offering is underwritten by Merrill Lynch Canada and D…



Letters to the Editor Government wants moneyr

Two sentences in your recent editorial on a clear energy policy vivi dly spell out the problem with governments: “To us, the ideal would be to let the market dictate all pricing structures,” and “What…


Report from Calgary Cdn N.W. betting oil will rise

Based on a belief that there will be a return to rising oil prices b y the end of this decade, Canada Northwest Energy is taking advantage of the present depressed state of the petroleum industry by o…


Flanagan cuts gold values on Chibougamau property

Drilling on Flanagan McAdam Resources’ Gwillim Lake property in the Chibougamau area of northwestern Quebec has intersected significant gold values, the company says. The latest hole, No 86-4, returne…



Beaufield options Falconbridge bet

A joint venture agreement has been signed between Falconbridge Ltd. and Beaufield Resources which gives the latter company the right to earn a 25% stake in 897 claims owned by Falconbridge. Located 30…


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