Spurred by improved U.S. trade deficit figures and a growing belief that the U.S. dollar has bottomed out, a degree of confidence crept back into the markets this week — albeit on miniscule volume. T…
The second stage of an underground exploration program will be carried out this season on Consolidated Boundary and Grand Forks Mines’ Golden Crown property east of Greenwood in southern British Colum…
A drilling program is being planned by Skylark Resources for the company’s Pan gold property located near Carlin, Nev. The drilling will begin following the completion of a geophysical survey designed…
A 30% equity interest in Cuisson Lake Mines has paid off for United Gunn Resources in 1987. The company’s share of profits from Cuisson Lake’s earnings amounted to $950,000. United Gunn repaid its deb…
As expected, Donald Smith, president of Acadia Mineral Ventures of Toronto has increased the reserve estimate on the company’s Mooseland property in Nova Scotia. Speaking at a meeting of Maritime inve…
The past year was good for Equity Silver Mines. As well as paying off its bank debt and paying dividends to shareholders for the first time, the company reports it substantially improved its financial…
Western Quebec Mines has signed an agreement with one of its major shareholders, Valmag Inc., to purchase Valmag’s interest in two mineral properties known as the Shawkey and Shawkey South. The Shawke…
Equal partners Saskatchewan Mining Development Corp. and Husky Oil are planning an underground exploration program on their Laurel Lake gold property at Amisk Lake, Sask. Pending the results of the un…
A significant zone of gold mineralization has been located on the Acad’or gold-silver property in northern New Brunswick, near Bathurst, joint venture partners Lacana Mining and Exador Resources repor…
Probable reserves of 140,000 tons grading 0.18 oz gold per ton and possible reserves of 260,000 tons grading 0.19 oz have been reported by Vauquelin Mines from the West block of the company’s prope…
Agreements with two partnerships has netted Sphinx Exploration of Val d’Or, Que., $600,000 in exploration funding, the company reports. Financing of $300,000 was obtained from each of cmp Limited Reso…
Joint venture partners Overseas Platinum and Wright Engineers have acquired the Las Playas gold-platinum placer prospect in Ecuador. The property was purchased for 100,000 shares and a commitment to s…
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