News

Portfield options Beardmore ground

Portfield Industries of North Bay has optioned a 57-claim property in Sandra Twp. near Beardmore, Ont., to Bay Resources. Bay can earn a 70% interest by spending $600,000 by early 1988. About $200,000…



Torene awaits drill results (September 29, 1986)

October on the Harrigan Cove property held by Torene Gold Exploration. Located in Nova Scotia, the property covers most of the Harrigan Cove district which produced 7,943 oz of gold from 13,778 tons o…


Cominco/Jonpol encouraged with Garrcon exploration

Based on work completed last September, Cominco Ltd has recommended that additional exploration work be performed on the company’s Garrcon property held in joint venture with Jonpol Explorations. Loca…



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…


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