News


North American big spender on Golden Bear prospect

What probably represents the largest single exploration and development program in B.C. is well under way 77 miles north of Telegraph Creek. North American Metals Corp. is spending $3.3 million on Che…


Gordex drilling at Cape Spencer

Drilling has started on Gordex Minerals’ Cape Spencer gold property i n New Brunswick in an effort to expand known reserves of the currently producing open pit deposit and to test other zones on the p…


News in Brief (October 27, 1986)

Viscount Resources has acquired a 100% interest in a large block of mineral claims consisting of 13,500 acres in the Russell Lake area of the Northwest Territories.


Editorial: Metals win one small war

While the substitution battle goes on between metals and other mater ials (notably plastics), some skirmishes are being won by the metals industry. Just the other day, for example, General Motors in…


Teck takeover of Cominco may be record mining coup

Moving decisively to take management control of a company many times its size, Teck Corp. has reshuffled the board at Cominco and replaced several board members with Teck nominees. This first salvo in…



Going,going, gone WAMIC auction

Circle the night of Nov 7 as a not-to-miss event on your calender. It’s Golden Gala Night for the Women’s Association of the Mining Industry of Canada and the association’s fund-raising event for the …



Calpine completes sampling program

A trenching and chip sampling program has been completed by Calpine Resources on the company’s Eisler Lake gold property near La Ronge, Sask. The work tested sections of the DD zone, discovered during…


Over-the-Counter Trading Features (October 27, 1986)

A majority of issues on the over- the-counter markets traded lower this week. Several, however, bucked the downtrend, such as Augdome Corp. which closed at 33 cents -38 cents . The company’s main asse…


Orofino option on Mine Centre claims

Orofino Resources has acquired an option to earn an 80% interest in a 25-claim property near Mine Centre, Ont. In order to earn its interest, Orofino must spend $300,000 by Dec 31, 1989. A surface exp…


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