About 300 km north of Baie Comeau, Que., lies the Manicouagan basin, which shows good potential for base metal mineralization. Earlier this year, La Sarre Mining Exploration acquired 216 claims in the…
Termination of a joint venture involving gold property southwest of Rankin Inlet, N.W.T., has been agreed to by Noble Peak Resources (ASE) and Borealis Exploration (ASE). Borealis will transfer to Nob…
Geologists from all over the globe will meet in Toronto, Ont., May 27-29, 1991. The conference, sponsored by the Geological Association of Canada and the Mineralogical Association of Canada, will incl…
Mechanical problems at the El Mochito polymetallic mine in Honduras have forced operator Breakwater Resources (TSE) to temporarily suspend operations until repairs can be completed. The company expect…
The topic of project financing and its changing nature during the past 20 years was touched on by the president of LAC Minerals (TSE), Peter Allen, in a recent speech to a precious metals seminar in N…
There is a credibility crisis developing in the Canadian mining industry. The public is losing confidence in the industry’s ability to objectively state the merits or potential merits of a mineral pro…
After completing 27,300 ft. of drilling on the Omai gold project in Guyana, joint venture partners Cambior Resources (TSE) and Golden Star Resources (TSE) have defined minable reserves of 52.4 million…
Vancouver-based International Mahogany (TSE) says recent surface exploration work has discovered a new gold-bearing structure on the Star Lake property, adjacent to its 70% owned Jolu gold mine in nor…
A recent hole drilled by Eurus Resource (VSE) to test for the projected strike extent of the Eskay Creek 21C zone returned a 13.1-ft. intersection (636.3-649.4 ft.) grading 0.96 oz. gold and 3.16 oz. …
A long-term credit facility worth $1.5 million has been signed by Armistice Resources (ME) with Dynatec Mining, a subsidiary of Dynatec International. Security for advances under the facility are Armi…
In light of the recent invasion of oil-rich Kuwait by Iraq, Mineral Resources and the Destinies of Nations is a timely volume which presents a historical and contemporary view of how oil and other min…
A couple of juniors known for their activities in northwestern British Columbia have targeted Nevada as a future area for their growth. Integrated Resources and Capra Minerals are players in a lease/ …
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