A $2-million underground exploration drive to determine the size, shape and grade of the Goldex Extension zone near Val d’Or, Que., is now well past the halfway stage. But even though partners Goldex …
Five holes tested geophysical anomalies and two other holes tested the depth extension of a known zinc-silver occurrence as part of a drilling program at the Montgay property 55 km northeast of Val d’…
The increasing supply of silver from new mine production is weighing heavily on the price of the precious metal. “Because the large proportion of this production comes from the byproduct mining of cop…
The British Columbia government has sent Geddes Resources (TSE) back to the drawing board to further research and revise its mine plan for the Windy Craggy copper deposit in the province’s far northwe…
On the verge of issuing a new prospectus, Canquest Resource traded 289,500 shares, closing up 15 cents at 55 cents for the week ended May 15. Canquest President John Bissett says the company hopes to …
Without graphite, the diamond drill bit industry may not have been able to reach its present state of development. Graphite is used in both the mold and mold parts for drill bits. Speer Canada machine…
Gulf Canada Resources has taken the “for sale” sign off the U.S. and Canadian mineral assets of subsidiary Asamera Minerals (TSE). At Asamera’s recent annual meeting in Calgary, Chairman Chuck Shultz …
Hailed by some as the most exciting and innovative development in the drilling industry since the introduction of the wire-line core system, the multi- purpose drill rig system is expected to adapt we…
First-quarter gold production for Placer Dome increased by 46% (TSE) to 337,000 oz., compared with 230,000 oz. in the comparable year-earlier period. New mines not in production a year ago added 120,0…
Vancouver-based Treminco Resources (TSE) appears to be making progress in its bid to become a successful small-mine operator in North America. Record monthly gold production was achieved recently at t…
An innovative tool for use during “break-out” has been developed by Longyear Canada. The idea for the tool came from a driller at Longyear, and the tool was subsequently named after him. Dubbed the …
Encouraging assay results have been reported by Bachelor Lake Gold Mines (TSE) from several recently completed underground drill holes on the company’s Lensueur Twp. mine at Desmaraisville, Que. The d…
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