Gold is found in a variety of geological settings. One of the primary sources for the precious metal growing in popularity these days is old tailings ponds. Energy, Mines and Resources Canada estimate…
Roddy Resources (TSE), an Arizona gold producer managed by Belmoral Mines (TSE) which has a substantial interest in Roddy, has optioned a new property known as the Gold Bar in the Wickenburg area of A…
Results from three of eight holes drilled on the Moss Lake project in northwestern Ontario are “proving up an area where there were no values before,” says Storimin Exploration (ASE) President, A. E. …
By mutual agreement, Cassiar Mining Corp. (TSE) and Rea Gold Corp. (TSE) have agreed to revise the terms of a letter of intent that will result in the sale of the Bissett gold mine and mill located at…
The market continued to gather strength this past week, although the resources sector seemed to lose some of its steam in a mixed-trading performance; the mining and minerals index closed up 13.5 pts….
A diamond drilling program is set to start this month on Card Lake Resources’ (COATS) Tumpline Lake polymetallic property. Located 90 km northeast of Yellowknife, N.W.T., the Tumpline claims are held …
It has been said the two main things (outside of good promotion) that drive the Vancouver market are good drill results and healthy metal prices, particularly gold. Although the yellow metal is still …
The appearance of International Viking Resources on the Alberta Stock Exchange was greeted recently with a degree of enthusiasm not usually afforded to a new Alberta listing. But it was the man behind…
Placer Dome (TSE) Chairman Fraser Fell has refused to comment on recent reports that his company is interested in acquiring Consolidated Gold Fields’ 49% stake in Newmont Mining Corp. of New York, N.Y…
Milling operations at the Chetwynd gold mine operated by Hope Brook Gold (TSE) have been temporarily suspended. Situated near the southern coast of Newfoundland, the mine entered commercial production…
A platinum mine in Australia — the nation’s first — is a possibility this year. Reynolds Metals is undertaking a drilling program on the Yarawindah Brook property north of Perth and is hopeful of co…
As gold projects go, the Cinola deposit on Graham Island in the Queen Charlotte Islands of British Columbia is clearly the largest being developed for production in the province. Owned 100% by City Re…
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