A $400,000 exploration program at Spirit Lake Explorations’ (ME) Edwards gold property northeast of Wawa, Ont., will focus on defining a small but high-grading deposit, President John Hansuld told sha…
For British Columbia’s mining industry, 1989 was a year where the only constant was change. Most notably, the past year saw the return of major exploration companies as the leading spenders and a resu…
At last, there is some good news for the beleaguered shareholders of Bitech, which last year signed a $12-million option agreement with Equity Silver Mines. During the week ended Jan. 30, Bitech repor…
No one likes to see an orebody come to an end, nor the hardship that imposes on the people who depend on the mines it engenders for their livelihood. But in this business, we all know that orebodies d…
Gold production in 1989 from Aurizon Mines’ (TSE) Sleeping Giant mine in Quebec was 29,552 oz. For the fourth quarter gold output totalled 7,607 oz. from 34,652 tons of rock grading 0.19 oz. gold per …
Timmins-based Ventex Energy (VSE) has acquired an option to earn a 100% working interest in Consolidated Jalna’s (VSE) Shebandowan area claims, 30 miles west of Thunder Bay, Ont. Straddling the TransC…
Golden Star Resources (ASE) says a preliminary prospectus has been filed for a public offering and private placement to raise $10 million for exploration at gold and diamond projects in Guyana. Under…
The official opening of the Fondaway gold mine near Fallon, Nev., adds yet another new mine to a growing roster that has made this state the leading source of gold production in the U.S. Tenneco Miner…
A new gold mineralized zone has been discovered by underground drilling at the Simkar gold project near Val d’Or, Que. The project is owned by partners R onrico Explorations (VSE) and Louvicourt Gold …
It may be regarded as the little brother among the family of Canadian stock exchanges, but in 1989 the Alberta Stock Exchange more than held its own in a competitive market environment. The volume of …
Amax Gold (TSE) hasn’t been actively soliciting offers for its 49.7% stake in Vancouver affiliate Canamax Resources (TSE), but Mark Lettes, treasurer of Colorado- based Amax, says if a good offer come…
Higher grades and concentrate recoveries are being reported for the Samatosum polymetal mine operated by Minnova (TSE) near Kamloops, B.C. Sized at 550 tons per day, the Samatosum mine started commerc…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.