News

Research projects to be discussed

Technical information sessions dealing with the conclusions of 13 research projects funded under Quebec’s Mineral Development Agreement with the federal government have been organized for Feb. 25 at V…


Loki updates reserve estimate

An updated preliminary reserve calculation was released by Loki Gold (VSE) for the Brewery Creek gold project near Dawson City, Yukon. Loki has earned a 49% interest in the bulk-tonnage property from …


Course examines environmental issues

A 2-day course on exploration and environmental issues is being offered by the British Columbia & Yukon Chamber of Mines, with course content assembled by Norecol Environmental Consultants. The short …


Newmont, Barrick in joint effort

An agreement in principle has been reached between gold producers Newmont Gold (NYSE) and American Barrick Resources (TSE) for joint co-operation in the development of their common areas in the northe…


Anglesey meets roadblock in bid to finance Parys

The Parys mine project in North Wales may not go into commercial production next year as the United Kingdom’s biggest ever base metal mine. The operation was to have produced zinc, lead, and copper co…


Vangold drills Iron Colt vein

Recent underground drilling by Vangold Resources (VSE) on the Iron Colt property near Rossland, B.C., intersected 41.7 ft. grading 0.11 oz. gold per ton from 47.6-89.3 ft. The intersection includes an…


Drilling continues at Battle zone

A recent hole drilled by Westmin Resources (TSE) at the east edge of the newly discovered Battle zone encountered three intersections of ore-grade material. The drilling is part of an effort to expand…


Fort Knox reports anomalous values

Borehole SG-10 is in progress at the Fawcett Twp. base metal property of Fort Knox Gold Resources (TSE) in the Shining Tree area of northeastern Ontario and is targeted on a strong electromagnetic res…


Claude resumes drilling amid talks with creditors

While attempting to reschedule payments on $5 million owed to major creditors, Claude Resources (TSE) continues to make progress at its Seabee gold mine near La Ronge, Sask. Following a 6-week product…


Robex plans drill program for Baie Bateman property

A flow-through financing worth $350,000 will allow Ressources Robex (ME) to proceed with a drilling program and ore-reserve re-evaluation at the Baie Bateman property in the Chibougamau area of Quebec…


Hemlo transfers stake in Rendell-Jackman project

Toronto-based Hemlo Gold Mines (TSE) has agreed in principle to assign its 50% interest in the Rendell-Jackman gold project in Newfoundland to Major General Resources (TSE), owner of the remaining int…


B.C.’s mining association endorses land commission

The recent appointment of Stephen Owen as Resource and Environment Commissioner for British Columbia is viewed as a positive move by Tom Waterland, president of the Mining Association of British Colum…


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