With gold prices marginally weaker, the Vancouver market has softened somewhat and at presstime was off 2.3 points to 1097.5. This is typically a slow period in Vancouver and reflects the seasonal nat…
Ongoing underground exploration is boosting reserves at Gunsteel Resources’ (VSE) Nugget property near Salmo, B.C. Latest calculations show a total of 223,700 tons of ore grading 0.331 oz gold per ton…
A new Mining Act in Quebec which was scheduled to come into force April 1 will not be promulgated until the first of September, George Cockburn, director of mining titles with the mining division of t…
Canada’s newest major mining company, Corona Corp., is an amalgamation of five Royex-Corona firms whose total estimated gold output this year and in 1989 will put it among the top three gold producers…
An agreement has been made between La Sarre Mining (ME) and Terre D’Or whereby the former may acquire a 90% interest in the former Rochette property in Launay Twp. in northwestern Quebec by spending $…
Viewing the finished product is always the highlight of any new mining operation whether it be base or precious metals. And it wasn’t any different for the “official” gold pour at Hycroft Resources & …
A deep drilling program is planned on Sutton Resources’ (VSE) Creede, Colo., silver prospect following an option agreement with Denison Mines (TSE). Denison has an option to earn a 55% interest in the…
Intent on becoming a major gold producer in the near future, Cominco Resources International (TSE) has established a “realistic” production goal of 100,000 oz within a few years. Addressing the compan…
A 2-day international symposium on mine planning and equipment selection will be held Nov 3-4 in Calgary, Alta. The event is being organized by the surface mining laboratory at Devon, Alta., of the Ca…
Assays from a recent 16,320-ft underground drill program completed at Northair Mines’ (VSE) Willa property in southeastern British Columbia show two extensions to the West zone. Consistently good resu…
Exploration work worth $1.8 million and the acquisition of two properties, White Lily and Leo Audet, highlighted the past year for Rogi Exploration (ME). The White Lily property is located in northwes…
The first results are in from a program undertaken by Goldcap Inc. (ASE) and Tyler Resources (TSE) at the Tas gold property 40 miles north of Fort James in central B.C. Under an agreement with Noranda…
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