Bankers who have already lent $90 million for construction of the Colomac gold mine must decide by the end of the month whether to put more money into the project. Otherwise operator NorthWest Gold (A…
No meaningful conductors were uncovered by a deep penetration geophysical survey on a portion of the Lamaque gold mine property at Val d’Or, Que., Golden Pond Resources reported. The company has a 25%…
Headed by Chairman Murray Pezim and President Chet Idziszek, Prime Equities (VSE) was recently launched as a publicly trading company holding under its corporate umbrella interests in numerous resourc…
Robert Parsons, president of JKS Boyles, recently announced the merger of the JKS line of cutting and coring diamond tools with Lamage, a subsidiary of JKS Boyles since 1983. The new company will be n…
The remote Eastmain gold deposit in northern Quebec has moved one step closer to production following an announcement that the provincial government will provide financial assistance for a winter acce…
Blackjack Resources Inc. (COATS), Avip Resources Inc. (unlisted) and Macree Resources Inc. (unlisted) have amalgamated to form Manor Resources Inc. (COATS). Shares in Blackjack Res. Inc. were exchange…
The results of a deep exploration program at the Williams gold mine at Hemlo, Ont., will be released sometime in February, says Mike Lepkewich, vice-president of mining for Teck (TSE). Equal partners …
Calgary-based Waddy Lake Resources (TSE) has released the final check-assay results from a 29-hole drill program completed last October on the company’s 100% owned Komis property in the La Ronge gold …
In the search for polymetallic massive sulphide deposits, Atna Resources (VSE) plans to begin an 8,000-ft. drilling program on three California properties located in the Foothills Belt of Calaveras Ct…
A new quarterly production record was announced by Eastmaque Gold Mines (TSE) from its operations at Kirkland Lake, Ont., and from its 50% interest in the American Girl mining joint venture in Califor…
Madison Grant Resources (COATS) has reached an agreement to acquire 40 mining claims from the president of the company. Madison hopes the additional claims, which lie adjacent to Madison’s gold-silver…
The Toronto Stock Exchange has asked companies not to announce stock buybacks if they do not intend to purchase any of their own shares. The request was made as part of an attempt by the TSE to reduce…
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