The Johnny Mountain gold mine of Skyline Resources is heading for production starting in the second quarter of 1988. The mine is located on a portion of Skyline’s Reg claims which cover approximately …
Pegasus Gold has completed an initial evaluation of the Zaca property in California, currently held by California Gold Mines of Vancouver. Under the terms of a memorandum of understanding with Califor…
The New Year is being ushered in with a three-day rally which has added more than 103 pts to the tse composite index. Today, the index picked up 25.29 pts to close at 3,263.3 pts. Market players are k…
BHP Utah Mines is beginning a 4,000-ft drill program on a property held under option from Glencairn Explorations (ASE). Known as the Blue Mountain property, the claims are located west of Kirkland Lak…
In an effort to reduce escalating confrontations over land use in British Columbia, Parks Minister Terry Huberts and Mines Minister Jack Davis formally announced in late December that mineral explorat…
An underground drilling program, currently under way on NLX Resources’ Gowganda, Ont., silver property, continues to yield encouraging assay values. The program, being carried out under the direction …
The Green Springs gold mine of USMX Corp. (NASDAQ) in Nevada is operating “above design levels,” Michael Mehrtens, president, confirms in the company’s latest interim report. The mine also generated a…
Denver-based Amax Gold has emerged with a larger stake in affiliate Canamax Resources (TSE). Following Canamax’s decision to repay $5 million of an outstanding loan to the Denver company, Amax has inc…
Oscar Giroux Resources, a private company, hopes to conduct a $365,000 exploration program on a group of silver prospects in Lorrain Twp., Ont. The claims include six shafts extending to a depth of 20…
The first Canadian book which attempts to illustrate how the concept of fiduciary duties apply to business and professional relationships is now available. Fiduciary Duties in Canada attempts to provi…
Six holes totalling 4,337 ft were drilled by Rea Gold Corp. (TSE) on its 29,500-acre Flap property located 20 miles west of Kelowna in south-central British Columbia. The company said the initial diam…
Toronto affiliates Syngold Exploration (TSE) and International Thunderwood Exploration (TSE) have agreed to a share exchange ratio for a proposed amalgamation of the two companies. Pending shareholder…
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