News


Galactic looks to the future

With the recent sale of its 50% interest in the Ivanhoe joint venture in Nevada for US$13.4 million, Galactic Resources (TSE) is a step closer to completing a restructuring of its assets. The company …


PROFILE (April 13, 1992)

Always mindful of being an ambassador for the mining industry, Mark Rebagliati wastes no opportunity to communicate his belief that British Columbia’s explorationists and miners are the most environme…


Madeleine settles legal problems

Almost six months after taking over the reins at Madeleine Mines (TSE), representatives of Oklahoma-based Kaiser-Francis Oil have resolved all remaining charges pending against the Toronto company. Ma…


Ontario premier vows support for mining industry

The premier of Ontario took a positive approach in replying to the concerns expressed by the Save Our North campaign at the annual convention of the Prospectors and Developers Association of Canada in…


Aurex options Chilean tailings

Through the transfer of an agreement from Hughes Lang (VSE), Aurex Resources (VSE) has acquired an option on a large tailings project in Chile about 55 km southwest of Santiago. Hughes Lang signed a l…




Cusac negotiates Table Mt. purchase

A definitive option and sale agreement was recently signed by Cusac Industries (TSE) which gives the company the right to buy a 100% interest in the Table Mountain gold property near Cassiar, B.C., fr…


Others’ Words (April 06, 1992)

“I’m in the metal business. Other people till the soil and raise food. Other people cut down trees. We dig metals out of the ground and make them useful. We are the people who carry the rest of the wo…


Fort Knox plans 2 more holes

Another two holes will be drilled to test the nickel-copper zone on Fort Knox Gold Resources’ (TSE) property in Fawcett Twp., near Shining Tree, Ont., before the company runs out of exploration funds….


Valerie seeks funds for drilling

On completion of a financing, Valerie Gold Resources (VSE) plans to conduct further work on its Mega, Gold and Boot claims in the Fish Lake area of southwestern British Columbia. The company recently …


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