News

Zenco Resources has completed a 11,000 ft drilling program on its Squall Lake property at Snow Lake, Man. Located five miles north of a gold deposit with announced reserves of 426,000 tons grading 0.3…

When the call came in from Granges Exploration to oversee a drill program in Manitoba, the ex-Hudson Bay Mining and Smelting project geologist accepted under two conditions. The property had to be nea…

The Canadian Steel Service Centre Institute reports a positive mood among its members. Results of a recent survey indicate 35% of the membership is bullish on further increases in business activity, w…

A first-quarter net income of $120,000 (1 cents per share) has been recorded by Queenston Gold Mines, compared with a loss of $94,000 (1 cents per share) for the same period in 1986. The company show…

June 2 June 1 May 29 May 28 May 27 ** Gold London Bullion Dealers afternoon (morning) $US per oz. 455.00(449.30) 442.90(443.40) 451.00(451.75) 453.10(453.35) 449.50(447.90) Gold Bank of Nova Scotia,…

With gold prices remaining flat, trading activity on Vancouver has dropped significantly along with share values. But this could change quickly if the yellow metal stages a rally which is possible whe…

Drilling is to begin mid-June at the Frond Lake gold prospect, located 60 mi east of Pickle Lake and 250 mi north of Thunder Bay in northern Ontario, Ayrex Resources Chairman David Walsh reports. Ayre…

ALUMINUM: MW U.S. Market 70.00 cents -72.50 cents per lb. (May 28, 1987). ANTIMONY: New York dealer $1.18-$1.23 per lb. (May 14, 1987). BISMUTH: New York dealer $3.30-$3.40 per lb. (May 28, 1987). CAD…

Regina-based Vista Mines has released more assay results from Phase I of the diamond drill program conducted on its Bootleg Lake gold property earlier this spring. Phase I consisted of over 12,500 ft …

The longevity of any mining venture is of prime importance to miners and investors alike. Miners want a secure job in a stable community where they can raise their families and investors want to own s…

The first hole on the DeSantis property in Turnbull Twp., near Timmins should be drilled in two weeks, according to Robert Onotsky, president of property owners Delbridge Mines. The company has decide…

Hambro Resources has changed its name to Richwell Resources (rwl:vse) on a one-new-for-three- old share basis.