News


Audrey Res. to seek $8-million financing

An $8-million financing will be sought by Audrey Resources for the company’s optioned Mobrun project. The cash will be used for continued exploration of the property up to June, 1987. By making the ex…


Montreal Exchange Syngold sets a new high

Wednesday close, Dec 17 For the second week in a row Syngold Exploration was the most active issue on the Montreal Exchange establishing another high on the strength of drilling results from the Owl C…


Golden Pond will comply on share tradeback

Golden Pond Resources will comply with a Quebec Superior Court decision ordering it to trade back all the shares of A-Pri-Or Mining Exploration it had acquired since June 27 in exchange for Golden Pon…


Letters to the Editor Lac challenges appeal report.

On Nov 24, in an article published about Lac’s appeal, one of your reporters, Jim Borland, included in his report a reference to a Buffalo-based criminologist taking notes about judges hearing the cas…


News in Brief (December 22, 1986)

A prefeasibility study is under way on the Golden Harker property held by Lenora Explorations. Located near Kirkland Lake, Ont., the property is being considered for underground exploration, Lenora sa…


Editorial The Christmas spirit

Last week we carried a story on this page about Christmas in a northern mining camp in the early 1930s, in which painted macaroni and tinfoil from tobacco tins served as tree decorations, and partridg…


Gold output tumbles at Galactic project

The production shortfall at Galactic Resources’ Summitville gold project in Colorado is having significant impact on the company’s share price. Galactic recently reported that November production was …


Bighorn diamond drilling at Island Lake property

Diamond drilling is under way at the Island Lake gold property of Bighorn Development Corp. Crews are also rehabilitating the abandoned shaft on this northern Manitoba property. The crew has already r…


Owl Creek West results awaited

It seems that just about everyone is waiting for additional drill results on the Owl Creek West project including partners Syngold Exploration and Kidd Creek Mines. At press-time, there were no furthe…


Terramar progresses on California mine

Terramar Resource Corp. confirms that dewatering of its Reid mine in California is well advanced. The program commenced in mid-July and included exploration work for vertical and lateral extensions of…


Work under way on Troymin bets

Field work is under way at several of Troymin Resources’ properties, including its Babine Lake Silver prospect in B.C., its gold prospect at Tabor Lake near Dryden, Ont. and at a newly optioned gold b…


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