News


Editorial: First platinum mine – where? who?

There’s a whole new game now. This country is blessed with an abundance and great assortment of minerals, the production and marketing of which remain central to our continuing prosperity. And our e…


Lightening acquires N.W.T. gold bet from Terra Mines

Lightning Minerals has received regulatory approval for an agreement to buy Terra Mines’ gold property 45 miles northeast of Yellowknife, N.W.T. Gold on the property occurs in a number of steeply dipp…


Pan East negotiating flow-through deal

Pan East Resources reports it is negotiating for flow-through funds t o carry out a 2-phase exploration program on its Nova Scotia gold prospect at Fifteen Mile Stream. The first phase would cost $350…


Cumberland starts follwo up drilling

A second-phase drill program, totalling 6,000 ft, is under way on Cumberland Resources’ Evans Lake property in northwestern Ontario. The program will follow up drilling completed last summer which i…



Audrey exercises its Mobrun option

Audrey Resources has earned a 50% interest in the Mobrun property, controlled by Corporation Falconbridge Copper. The interest was earned after Audrey spent $5 million and mined out a 10,000- tonne bu…


Montreal Exchange: Louvem leaps to $1.85

Wednesday close, Oct 15 Val d’Or mining company Louvem got a hefty shot in arm this week when a Swiss-based newsletter referred to it as the cheapest of all Canadian gold producers. The European pub…




Greenstone buys property package in Chibougamau

Greenstone Resources has agreed to acquire a package of several minin g properties covering 67,870 acres in the Chibougamau area of northwestern Quebec from Camchib Mines, a wholly-owned subsidiary of…



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