News

Dickenson branches out to widen earning base

With over $40 million in cash equivalent assets, and its main Red Lake operation now back on a sound footing, Dickenson Mines is seeking other avenues for additional gold production, as well as expand…




Hardrock claims

Hardrock Extension has acquired an additional 39 claims near Geraldton, Ont. The claims tie on to ground already held by the company. The claims tie on to ground already held by the company. Affiliat…




Flanagan boosts tonnage on Mishibishu property

Results from 50 holes drilled in 1986 on Flanagan McAdam Resources’ Mishibishu Lake property in northwestern Ontario has boosted reserves by more than one-third and improved grade by 10% compared to t…


Galactic completes private placements

Galactic Resources has raised $13,875,000C through the successful completion of its private placement with a major Canadian financial institution, Robert M. Friedland, chairman, reports. The placement…


China key to Tungsten market Cutbacks would help

Supply restrictions by major producers such as China are the only way to improve tungsten prices, yet prices could experience a period of volatility not seen since the early 1970s if such restrictions…


Queries Young-Shannon inactive

I still have 10,000 shares of Young-Shannon Gold Mines held at Hector Chisholm & Co. What chance have they of doing something to get going again? H. A.Kidd, Willowdale, Ont. The chances don’t look ver…


Granges/Windflower results excellent

wo diamond drills now are on the Revelstoke, B.C., property of Windflower Mining, George Zbitnoff, vice-president exploration of Granges Exploration and Gerald Ryzner, P.Eng., president of Windflower,…


Ministry move to Sudbury more than three years away

It would be a minimum of three years before Ontario’s ministry of northern development and mines could complete its planned move of a major part of the ministry to Sudbury, according to the ministry’s…


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