Aur Resources (TSE) is weighing the possibility of drilling a 4,500-ft hole to test for a major depth extension of the burgeoning massive sulphide deposit it is exploring with Societe Miniere Louvem (…
Pronto Explorations (TSE) has released drill results completed by Inco Gold on the Cochenour-Willans gold property near Red Lake, Ont. The results came from drilling completed by Inco between the 1,60…
Noranda Inc. (TSE) has started a ground geophysical survey on a group of claims held under option from Glen Auden Resources (TSE) and Golden Dragon Resources (VSE) in Beatty Twp., Ont. The claims cove…
Another Quebec-based junior, Murgor Resources (VSE), has optioned ground in the Goldboro area of Nova Scotia and a third, Ressources Orient (ME), is negotiating for ground in the area. Murgor Presiden…
A spill of about 2,000 cubic metres of mine water occurred recently at the Rabbit Lake uranium mine of Cameco in northern Saskatchewan. The company reports water sampling has indicated the spill poses…
The new majority shareholder and manager of Explorations Cache (ME) is Corpomin Management of Montreal. Pierre Boudreault has been named president and Charlene Ross, secretary-treasurer. Forming the b…
Inco Ltd. has opened a regional exploration office in Val d’Or, Que., to co-ordinate its exploration activities in the province. This new office, headed by Robert Lambert, is an integral part of the r…
Week’s Price (US) Change Gold* $390.50 +$ 3.55 Silver* $ 5.37 +$ 0.10 Platinum* $510.40 +$16.15 Nickel** $ 4.54 $ 0.13 Lead** $ 0.32 …
The rules about insider trading were made so that directors, officers and others close to a company would not benefit from information to which the general public does not have access. It is a worthy …
VANCOUVER Bellex Mining — gross proceeds rec $235,000. Dessir Res — 600,000 sold for gross $228,000. Goldcliff Res Corp — gross proceeds rec $240,000. Reg Res Corp — gross proceeds rec $146,946.60…
Toronto-based Northgate Exploration (TSE) has run into a potential road block en route to simplifying its complicated corporate structure and becoming an operating mining company. Last week, the Ontar…
A year-long slump in the price of gold bullion has forced at least four Canadian gold mines to suspend operations during the past six months, while a similar number of new mines have come on stream ov…
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