Trading continues to be active but with gold hovering at $460- $465(US) and supposedly poised to make a run at $500, investors seem to be taking a moment for reflection. The vse index on the week clos…
While Queenston Gold Mines Chairman Hugh Harbinson stops just short of saying that his company is about to become another Canamax Resources, he confesses to being extremely optimistic about the compan…
A joint venture to explore the Crawford gold property located midway between Red Lake and Pickle Lake in northwestern Ontario has been entered into by Gabbs Resources and Ex-Terra Resources. Ex-Terra …
While market indexes in Montreal and Toronto reached levels which have alarmed experienced market watchers, there was little to fear from a comparatively modest session on the Alberta exchange. After …
Consolidated Reactor Uranium Mines, (which plans to change its name to Canaustra Gold Exploration), says it has started a phase-1 exploration program on its gold prospect in Ontario’s Hemlo area. The …
A joint venture is being arranged between California Gold Mines and Pegasus Gold for the purpose of placing the Stewart Outcrop zone into production on California Gold’s 100%-owned Zaca property locat…
Gold exploration at mid-summer has been marked by new companies emerging on the Atlantic Canada mining scene and an established company expanding its operations into another industry. Atlantic Goldfie…
A street rumor which has American Barrick Resources making a play for an interest in Placer Development has been denied by a senior American Barrick official. Placer is part of a proposed amalgamation…
Noranda Exploration has announced assay results from three holes at Banbury Gold Mines’ Hedley property in south-central British Columbia. A 133-ft intersection in hole 87-13 graded 0.11 oz gold and t…
Neptune Resources reports it has an agency agreement with Wood Gundy for the private placement of 500,000 common shares from treasury at a per-share price of $5.625, for an aggregate price of $2,812,5…
Exploration programs have been designed for two properties held by Davidson Tisdale Mines, Vital Pacific Resources and Marvic Resources, a private company. The work will examine two gold properties in…
An article in the June 29 issue of The Northern Miner titled “Newfields sees cash flow start by late 1987” contains numerous erroneous and totally misleading statements. Newfields Minerals states that…
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