Although still in its early stage, initial reverse circulation drilling on the Rainbow Hill lode gold project near Cantwell, Alaska, has returned encouraging results for 100% owner, Canalaska Resource…
Drilling is scheduled to get under way this month at Reymont Gold Mines’ (ASE) Great Western Star gold-copper property near Nelson, B.C. Spending $3 million by 1994 and making staged payments of $500,…
Gold Standard (NASDAQ), the Utah-based company which is preparing to do battle with American Barrick Resources (TSE) in court next year for control of the Mercur gold mine, recently raised $2.55 milli…
Probable ore reserves in the 1100 lens at the Mobrun polymetallic mine in Quebec have nearly doubled, says operator Audrey Resources (TSE). The mine, which produces copper, zinc, gold and silver from …
It may be a slow process, but mining companies are beginning to show results in changing attitudes about the industry. At least that’s the thinking of almost 40 school teachers who took part in an a…
Aur Resources (TSE) is weighing the possibility of drilling a 4,500-ft hole to test for a major depth extension of the burgeoning massive sulphide deposit it is exploring with Societe Miniere Louvem (…
Shareholders of Citadel Gold Mines (TSE) recently approved a corporate restructuring which will see most of the company’s assets sold to Citabar Limited Partnership for about $14 million. Citadel, whi…
The Western Gold Show will be held on Nov 28-30 in San Francisco. More than 100 speakers, some 80 exhibitors and an audience of 2,000 investors are expected to attend, compared with 40 exhibiting comp…
A net loss of $1.96 million(US), or 3 cents per share, was reported recently by Bond International Gold (TSE) for the company’s first quarter ended Sept 30. That figure compares with net income of $1….
Mining operations were recently suspended at the Spotted Horse underground gold mine operated by Chelsea Resources (TSE). The company indicated that resumption of operations at the Montana mine would …
High River Gold Mines (TSE) has received $1 million in incentive grants from the Canadian Exploration Incentive Program. An additional $500,000 is expected to come from Inco Gold, a wholly owned affil…
A decline ramp being driven into the Cove gold deposit in Nevada is less than 65 ft from the underground ore zone, Echo Bay Mines (TSE) reports. The ramp, about 600 ft below surface, is designed to mi…
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