Halifax-based NovaGold Resources (TSE) has signed a letter of intent to acquire the Mount Pleasant tin-tungsten mine in New Brunswick from LAC Minerals (TSE) and Billiton Metals Canada for $12 million…
Diamond drilling has started on the Pukaskwa River gold property under option to Hemlo Gold Mines (TSE) from Mishibishu Gold (VSE) in northern Ontario. The property is about 40 miles west of Wawa on t…
Major North American gold company Corona Corp. (TSE) is determined to retain its status as a low-cost producer, either through the discovery of new properties or the acquisition of other low-cost prod…
The decline in investor confidence, combined with a marked drop in gold prices, has taken the steam out of exploration and development activities in the Timmins camp — Canada’s most prolific mining c…
Flow-through funding may have dried up considerably, but exploration in Quebec was still at a very high level during 1989. Gold, base metals, nickel and even graphite have raised the interest of inves…
The trouble with the Louvicourt Twp. exploration camp east of Val d’Or, Que., is that the emphasis has always been on gold, says prospector Jack Stoch. The Globex Mining (ME) president was referring t…
Development and mill construction of the Kirkham flake graphite project of Stewart Lake Resources (TSE) could be under way by mid-1990 and the mine in production by the end of that year. Annual output…
An underground exploration drift on Greenstone Resources’ (TSE) El Recio property in Costa Rica has yielded encouraging results in one of several veins being explored by the Toronto-based junior compa…
The Iskut River gold camp in northwestern British Columbia was upstaged late in the 1989 exploration season by the Unuk River camp about 25 miles away where Calpine Resources (VSE) made a significant …
Strong gold mineralization has been encountered in a Carlin, Nev., property held by United Mining and Westmont Mining. According to United Mining President Timothy Collins, a number of intersections, …
With economic ambiguity still the order of the day, nervous investors have been staying on the sidelines since the Oct 13 market drop. But this week’s small rally in gold prices did generate a new flu…
A symposium on 60 years of exploration in the polymetallic belt of northern Quebec will be held in Rouyn-Noranda, Que., May 28- June 1, 1990. It is sponsored by the geology division of the Canadian In…
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