News

Oracle Resources begins exploration in Pickle Lk.

Exploration has begun on two of Oracle Resources’ four gold properties in the Pickle Lake and Opapimiskan Lake areas of northwestern Ontario. Results of airborne EM and magnetic surveys carried out ea…



McAdam Res. now on TSE

The shares of McAdam Resources are now listed on the Toronto Stock Exchange; the company’s trading symbol is MMM. The company has successfully completed a rights issue undertaken by Merit Investment C…


Canamax ups reserves at Kremzar gold project

An additional 264,000 tons of reserves have been outlined at the Kremzar gold property operated by Canamax Resources, the company reports. Located 25 miles northeast of Wawa, Ont., the Kremzar propert…



Mines Management posts Montanore PEA

Mines Management (mgt-t, mgn-x) has outlined an economic mine plan for its Montanore silver-copper project, but questions remain about getting the project permitted.The large underground project is in the Cabinet Mountains wilderness area of…


Correction: Canadian Gold Resources

In last week’s centrespread map in The Northern Miner on the Beardmore/Geraldton gold belt, Canadian Gold Resources was incorrectly identified as listing on the Vancouver Stock Exchange. The company i…


Correction Abermin Corp.

A story on Abermin Corp. in the Aug 18 issue neglected to mention the width of the high grade discovery in the coronation zone. A channel sample taken across 11.5 ft grades 0.717 oz gold per ton, 14.9…


Sherritt spending $5m. to modify coin plant

A $5-million modification program is under way at Sherritt Gordon Mines’ coin blank plating and processing facility at Fort Saskatchewan, Alta., in readiness to fulfil its recently signed contract wit…


PEA is out on US Gold’s El Gallo silver project

Rob McEwen’s goal of having US Gold (UXG-T, UXG-N) included in the S&P 500 index within four years may seem like a tall order to some, but the industry veteran may just be able to pull it off.


Results encouraging for Golden Rule

Golden Rule Resources has traced a gold-bearing, quartz-barite breccia for a distance of 400 ft on its Toodoggone area property north of Smithers, B.C. The company is involved in a 6,000-ft drill prog…


Sullivan drilling on Mon-Dor prospect

A second drilling program by Sullivan Mines is getting under way on the Brongniart property of Mon- Dor Explorations, about 18 miles southeast of Chibougamau, Que. It follows recent completion by Sull…