News

Exploration work is under way on the Hearne group of claims in the Babine Lake district of British Columbia. Booker Gold Explorations (VSE) is conducting a magnetometer survey in an effort to locate t…

Plans are under way to advance the Tulsequah Chief property in northwestern British Columbia towards a production decision. Owner Redfern Resources (TSE) has initiated environmental, geotechnical and …

A new corporate focus on precious metals has prompted Granges (TSE) to sell its 29% interest in the Trout Lake mine in Manitoba to Hudson Bay Mining and Smelting. Hudson Bay, which currently owns a 44…

During the summer of 1981, I was a geology student working in the Northwest Territories for a large Colorado-based exploration company. Uranium was the target, and we travelled large expanses of the n…

Victor Coulthard and Larry McLean appointed directors.

Larry McLean appointed director.

Glen Dickson appointed president; William McCrindle appointed vice-president and John Greig appointed chairman.

Murray Provost and Bruce Horner appointed directors.

Cyprus Canada can earn a 60% interest in Noble Peak Resources’ (ASE) Southwin project in the Keewatin district of the Northwest Territories. Cyprus will pay $150,000 and spend $3 million on exploratio…

Keylock Resources (ASE) intends to earn a half interest in the Gordon Lake gold property 100 km northeast of Yellowknife, N.W.T. To do so, the company will issue the vendor 200,000 common shares and s…

A seat on the New York Mercantile Exchange (Nymex) has sold for a record US$425,000. The previous high of US$400,000 was set in December. The commodity exchange, a major dealer in oil futures and opti…

Drilling results from the high-grade Bif Island area of the Damoti Lake property north of Yellowknife, N.W.T., indicate the northerly extension of the zone may be limited. Partners Athabaska Gold (TSE…