The prefeasibility study on the Fort Knox property indicates the deposit can be mined profitably as a large scale open pit operation. The project is about 15 miles northeast of Fairbanks, Alaska, and …
Everyone knows everyone in the Canadian diamond drilling industry, and that is clearly evident at the Canadian Diamond Drilling Association’s annual convention. Although it is a highly competitive bus…
Nickel producer Falconbridge has staked an additional 358 claims along the Wanapitei anomaly near Sudbury, Ont., and is planning to drill the large magnetic structure later this year. Sometimes called…
The Association of Professional Geologists and Geophysicists of Quebec (APGGQ) is not impressed by the lack of additional support for mining exploration financing in the recent Quebec budget. The asso…
Over a distance of less than five miles along the North Rim of the Sudbury Basin, from the old Hardy mine to Longvack, Inco Ltd.’s operation at the extreme east end of the North Rim, there are no less…
After completing a due diligence review, Murray Pezim’s Galico Resources (VSE) decided to drop its option to acquire a 50% interest in the Vera Cruz property held by Vera Cruz Minerals (VSE) in New Me…
A 10-hole drilling program representing about 1,000 metres is set to get under way during the latter part of May at the Virginia gold property of Manor Resources (ASE) near Gander, Nfld. President W.A…
Contrary to our federal government’s assessment that “Canadian mineral exploration is still on its long-term secular trend,” the diamond drilling industry is in a state of collapse. Exploration expend…
On the one hand, it is heartening to hear that the Filmon government is developing a sustainable development strategy for Manitoba’s mineral resources. On the other hand, it is disheartening to hear t…
With the purchase of the other 50% interest in the Stibnite heap leach gold mine from Pegasus Gold Mines (TSE), MinVen Gold (TSE) now controls 100% of the open pit operation. Pegasus recently acquire…
A first-stage, US$1 million exploration program is now in progress at the Blue Moon project in Mariposa Cty., Calif. LAC Minerals (TSE) recently finalized an option agreement with property owner, Co…
While one exciting drill hole does not an orebody make, it was enough to take the sting off disappointing 1991 first-quarter financial results released by Westmin Resources (TSE) at its annual meeting…
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