News

Greater Lenora

Donald T. Rankin, secretary of Greater Lenora (TSE) announces the company has requested that the Vancouver Stock Exchange delist their common shares. The common shares will continue to be listed and p…


Diana Res. begins drill program

Diana Resources (VSE) says a 7,000-ft drill program will begin shortly on its 82 claim Obatogamau gold property in the Chibougamau area of Quebec. Two surface gold showings will be tested, together wi…


Thunderwood’s Gold Hawk yields high grade gold

While still in the early stages of underground exploration at its Gold Hawk property near Val d’Or Que., International Thunderwood Explorations (TSE) says it is already getting some encouraging result…


MacLellan production up

The MacLellan gold mine near Lynn Lake, Man., produced 55,188 oz of gold in 1988 — up almost 40% from the 39,624 oz produced in the previous year. Credit for the turnaround goes to LynnGold Resources…






Editorial On the level for 75 years

The First World War was fuelling a boom for Canada’s mining industry in early 1915 when Ben Hughes, a mining columnist for a Cobalt newspaper, and Ernie Hand, a printer, put out the first issue of The…



Corona takes write-down on Nickel Plate project

Consolidated earnings of $26.5 million (16 cents per share), before unusual and extraordinary items, on operating revenues of $187.5 million were reported by Corona Corp. (TSE) for the 15-month period…


Audrey confirms rise in Mobrun reserves

As expected, Audrey Resources (TSE) has received a welcome boost at the Mobrun polymetallic mine where production is on hold because of a mill construction program. Based on a study by Kilborn and Ass…


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