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…
News
Vancouver Stock Exchange Rampart leads the pack on volume
Wednesday close, Sept 24 Rumours of a platinum discovery near Schefferville, Quebec, helped two issues advance. Tandem Resources and Ronrico Explorations, which each hold a 10% interest in a private s…
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…
EDITORIAL PAGE Secrets of the sun in an Inco mine? of neutrinos
Neutrinos? They have nothing to do, it should be immediately said, with mining. Neutrinos are in fact particles produced in the fusion furnace inside the sun. A group of scientists from three countri…
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…
THE EDITORIAL PAGE The constant search for mining efficiency
When 37 of the world’s developing nations got together at the United Nations in New York last June and decided they wanted to get the best advice on how to use computers to help them find and develop …
Over-the-Counter Trading Features (September 29, 1986)
Edda Resources, which has been on a down trend for the past few weeks, continued right off the COATS system after getting hit with a cease trade order for failure to file. Hardrock Extension, which is…
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…
Placer/Claude project Underground decision expected at Seabee
After completing more than 60 drill holes on the Seabee property, h eld under option from Claude Resources, Placer Development is embarking on a period of review and assessment. Project geologists wil…
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…