News

Scintrex in China

Scintrex Ltd. says it has a $640,000 contract with China to provide a helicopter-borne geophysical system for aerial mineral exploration.


Drilling at Sumich

A surface drilling program has started on the New Beginnings Resources’ Sumich mine property in Nevada. The program will test for extensions of the zone along strike and at depth. Approximately 30,000…


Alberta Stock Exchange Trading slows down

Wednesday close, Sept. 3 Trading was inactive this week in Calgary with just 2,949,700 shares exchanged. American Oakwood Energy was the most active issue, trading nearly 350,000 shares at 23 cents . …


New Falco Copper team keen on Winston Lake

Production by early 1988 is what Ian D. Bayer, newly-appointed president and chief executive officer of Corporation Falconbridge Copper (CFC) foresees for the rich zinc orebody at Winston Lake, near S…



It’s a bad move to relocate the OGS

The following guest editorial is from Dr E. G. Pye, former director of the Ontario Geological Survey. Decentralization of government services has been a cornerstone of Ontario government policy sinc…


Blackstone Expl.

Blackstone Explorations is venturing into the field of radon gas detection, the company says. Blackstone plans to sell a device to homeowners which detects radon gas accumulations in homes.


HudBay over half way on exploration shaft

Hudson Bay Mining and Smelting reports it is on schedule with an exploratory shaft at its nickel ore discovery beneath Namew Lake, 40 miles south of Flin Flon, Man. Diluted recoverable reserves at the…


Audrey’s Mobrun project will be open pit operation

Treatment of a 20,000-tonne bulk sample from the Mobrun property near Rouyn, Que., is scheduled to start by the end of the month, Audrey Resources says. Audrey, which has the right to earn a 50% inter…


Coniagas Mines

The Coniagas Mines has purchased six claims from Hillsborough Exploration located in Pifher Twp., near Beardmore, Ont. The deal is subject to approval of Hillsborough shareholders. In a related transa…


Getty gold exploration has $4-million backing

Getty Resources has filed a preliminary prospectus for a public offering of common shares and purchase warrants. The company’s president and chief executive officer, Richard C. Atkinson, claims it’s e…


La Teko results very high grade

Some very high grade gold values have been encountered in a drill program at La Teko Resources’ Tillicum Mountain property near Nakusp, B.C. The project has a reputation for generating bonanza-type re…


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