News

Queries: Control of Pamour

I read with interest your nice article Sept 1, 1986, regarding the proposed merger of Pamour and Giant Yellowknife. During the past year articles said Pamour was bought by a mining company from Austra…




Survey maps Pickle Lake area

The hot Pickle Lake exploration area in northwestern Ontario is covered by a set of 59 new survey maps just released by Ontario’s Ministry of Northern Development and Mines. The ministry says the maps…


Cost reductions help Lornex to higher profit

A 14% jump in net earnings in the first nine months this year over the same period last year, has been attributed by Lornex Mining Corp. to reductions in operating costs and all other expenses. Lornex…


Financing plan being considered by Gowest

Pending a successful refinancing of Gowest Amalgamated Resources, the company is considering additional drilling on its Denton Twp., Ont., gold prospect, west of Timmins. A 5,000-ft program is conside…



Brunswick Mining

Brunswick Mining and Smelting reports a loss of $8,090,000 for the nine months ended Sept 30, against a loss of $2,316,000 for the similar period in 1985. Net revenue was $157,504,000 compared with $1…


Three drills now testing Granges’ B.C. gold bet

Probably better than most companies, Granges Exploration recognizes the importance of a drill hole. That fact alone best explains why the company will complete 15,000 to 20,000 ft of drilling this yea…


Drilling at Rand Malartic significant: NSR Resources

Definition drilling of the 67 zone at the Rand Malartic, Quebec gold property of NSR Resources is under way with encouraging results being returned. So far, 23 underground holes have been completed at…


St. George acquires Nevada gold prospect

St. George Minerals has reached an agreement to acquire the Dean mine property located two miles southeast of its Fisher gold project in Nevada’s Battle Mountain area. President Frank Varseveld claims…



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