News


Sudbury Contact plans drilling

A total of 36 reverse circulation drill holes has been completed by Sudbury Contact Mines in the Kirkland-Larder Lake area of Ontario. The program was to locate anomalous gold areas and define targets…


Nexus gets option

Nexus Resource Corp. has been granted an option by Westmin Resources to earn a 50% interest in its Debbie property located six miles east of Port Alberni on Vancouver Island. The property, which consi…



People (December 15, 1986)

THE BANFF CENTRE SCHOOL OF MANAGEMTENT- Fleicity N. Edwards named manager of Resource Management Programs.



Profit up 44% for Teck Corp

With a profit boost of 44%, Teck Corp. has emerged from the year ending Sept 30 with a net income of $23.3 million or 42 cents per share. However, with extraordinary items net income increases to $24…


Jilbey options its Duverny gold bet

An agreement has been signed between Jilbey Industries and Bay Resources and Services. The deal gives Bay the right to earn a 75% interest in Jilbey’s gold prospect in Duverny Twp., Que. Located near …


OMEP budget increases by $4 million

The Ontario government is throwing an additional $4 million into the Ontario Mineral Exploration Program (OMEP) for fiscal 1986-87, increasing the budget to $12 million from $8 million. Edward Solonyk…



Dejour awaits project moneys

It looks as if the Detour Lake mine is gearing up its new underground gold mine with production slated at 1,800 tonnes of ore per day by December, 1987. “Though the final approval has not been given, …


Mid-Canada, Abitibi begin drill programs

A drilling program is under way on the Bourlamaque, Que., gold prope rty held by partners Mid- Canada Gold & Copper Mines and Abitibi Resources. After this phase of exploration Abitbi will have earned…


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