Valley/McAdam Rights offering for McAdam Res.
Hoping to be able in the near future to make a production decision for its Spud Valley gold project on Vancouver Island, McAdam Resources (TSE) reports it has secured the necessary regulatory approval…
News
Gold Standard, Big Pony exploring for gold in Uruguay
Although Uruguay has never witnessed significant, sustained gold exploration in the past, the small South American country is experiencing somewhat of a gold boom led by companies such as Bond Interna…
REDSTONE NICKEL
The first load of ore came up from underground just this spring. But already, the Redstone nickel operation near Timmins, Ont., has shipped a million lb of nickel in concentrate to the Sherritt Gordon…
Suggestion Box MORE ON GEOSTATS
About 80% of the exploration budget of mining companies is devoted to the search for gold deposits. Over a 10-year period, this exploration effort has resulted in the discovery of gold mines with a va…
Noranda’s Geco seeks prospecting rush
Noranda Inc. (TSE) could use a little help from junior exploration companies in finding a new base metal deposit in the Manitouwadge area, and new geophysical surveys could provide the incentive to at…
Toronto Stock Exchange Mixed economic signals underlie uncertainty
Another week marked by cautious, directionless trading took hold of the markets as investors grappled with mixed economic forecasts. Weakness in the U.S. dollar was the main reason behind the boost in…
Lencourt reports progress in Zaire
Toronto-based Lencourt Ltd. (TSE) says progress is being made in its bid to gain control of the Sominki tin and gold mining properties in Zaire, Africa. Sominki owns and operates tin and gold mines in…
Coral Gold may sell Nevada mine
Low gold prices and some operational problems associated with bringing a new heap leach mine on stream are expected to “hold down production” at the Robertson gold mine owned by Coral Gold (TSE). The …
Indian lore, movies, animals- are popular as company names
Unusual or exotic company names often add color and reflect the entrepreneurial spirit of the junior mining sector in Canada. Here are just a few of the more colorful company names found among junior …
Fairbanks expands drill program
Results from recent drilling on the Fort Knox gold project near Fairbanks, Alaska, have prompted project operator and 51% owner Fairbanks Gold (VSE) to expand the 1989 exploration and development prog…
Stikine puts stake in Eskay Creek on block
Half the Eskay Creek gold project north of Stewart, B.C., is up for sale. Stikine Resources (VSE) has appointed Yorkton Continental Securities as its fiscal agent to locate a buyer for its shares. The…
Core Shack MAGNACON MINE
The Magnacon mine, 68 miles west of Wawa, Ont., has drill- indicated reserves of 1.4 million tons averaging 0.24 oz gold per ton in quartz veins hosted in quartz-sericite schist within a shear zone at…