Three drills now testing Granges’ B.C. gold bet
Probably better than most companies, Granges Exploration recognizes the importance of a drill hole. That fact alone best explains why the company will complete 15,000 to 20,000 ft of drilling this yea…
News
Drilling at Rand Malartic significant: NSR Resources
Definition drilling of the 67 zone at the Rand Malartic, Quebec gold property of NSR Resources is under way with encouraging results being returned. So far, 23 underground holes have been completed at…
St. George acquires Nevada gold prospect
St. George Minerals has reached an agreement to acquire the Dean mine property located two miles southeast of its Fisher gold project in Nevada’s Battle Mountain area. President Frank Varseveld claims…
Rio Tinto Zinc subsidiary options Brazilian platinum bet from TVX
RTZ Minerals, a wholly owned subsidiary of the traditionally conservative Rio Tino Zinc PLC of London, has signed an option agreement with CNM of Brazil to earn a 40% interest in a platinum/ paladium …
Beaufield options property gets flow through financing
Beaufield Resources, has entered into an agreement with Kidd Creek Mines, an affiliate of Falconbridge Inc., giving the company the right to earn a 49% interest in Kidd Creek’s Lac Barry area properti…
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…
Omnex International announces that shareholders of its predecessor
Carbrew Explorations approved its amalgamation with ECX Security productions. The amalgamated company will continue under the Omnex name and will be involved in security systems for the home and small…
Prescott Resources has changed its name to Prescott Development
on the basis of 2 new shares for each old share.
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…
Newfoundland gold discovery made by Westfield/Coniagas
A gold discovery in Newfoundland, with large tonnage possibilities, has been made by Westfield Minerals and partners The Coniagas Mines (25%) and Anglo Dominion Gold Exploration (25%). Westfield, the …