Montreal Exchange Syngold backs off
After setting new highs for the past two weeks, Syngold Exploration came back down to earth with a thud this week. Once again it was the most active trader on the Montreal Exchange with 1,117,600 shar…
News
Northfield and Armistice plan Larder Lake area work
Alberta-listed Northfield Minerals could acquire an interest in anot her strategic piece of ground in the Larder Lake area next to the Virginiatown gold mine operated by Kerr Addison Mines. Shareholde…
Giant Bay to test-mine Gordon Lk. gold deposit
Some 10,000 tons of mineralized rock grading 0.62 oz gold per ton wi ll be mined and processed at the Gordon Lake property near Yellowknife, N.W.T., early next month, according to Claus Jensen, presid…
State-of-the-art technology exchanged at open pit meet
Some 200 open pit mine engineers and operators met in Calgary, Nov 6 and 7, to exchange information and ideas with geotechnical consultants and university professors on the economic and safe design of…
Metals Report Perilous predictions for 1987
Every year at about this time senior officials at mining companies across the country summon underlings to their executive suites for private consultations. What is the subject of the high level huddl…
Dolphin to spend $3m. on gold bet
About $3 million will be spent next year on exploration in Newfoundland by Dolphin Explorations which is closely associated with the International Corona group of companies. The majority of the funds …
Two significant veins hit by Black Swan
A mining feasibility study is being prepared for Black Swan Mines’ Gabanintha project in Western Australia with a view to putting it into production by mid-1987. According to Arthur T. Fisher, preside…
Dome budgets $2 million for Snoppy Lake project
A drill-indicated mineral inventory of 2.2 million tons grading 0.24 oz gold per ton has been established by Dome Exploration in two zones on the Snoppy Lake property north of Pickle Lake, Ont. Dome, …
Bachelor Lake improves grade
Above-average grades are being cited as the main reason behind the improved gold production at the Bachelor Lake Gold Mines property near Demaraisville, Que. For the third quarter ended Sept 30, the m…
Blue Moon project reserves increased
Ore reserves and grade have increased at the Blue Moon project in California, reports Imperial Metals Corp. President Pierre Lebel. Total probable reserves stand at 2.1 million tons grading 0.060 oz g…
COATS Trading Features (December 22, 1986)
Errington Industrial was changed into Goldteck Mines on a one for one share basis. The new company, Goldteck, continued trading at $1.25-$1.30. The company is exploring a gold prospect near Matachewan…
Grades higher than expected at NSR’s Rand Malarctic bet
Now that the underground drilling of the 67 Zone at the Rand Malartic Quebec gold property of NSR Resources has been completed, the company plans to have a revised ore reserve study completed by mid-J…