News


Detour Gold

Since production began in 1983, Placer Dome’s Detour Lake mine has turned out more than half a million oz of gold. Pictured here with the gold bars that con tain the 500,000th oz are (left to right) T…


Ronrico bulk sample

A bulk sampling program completed on the former-producing Simkar property near Val d’Or, Que, yielded an average recovered gold grade of 0.217 oz gold per ton. Partners Louvicourt Gold Mines (COATS) a…


Strike acquisition

Strike Minerals (COATS) has acquired 103 claims in Baden Twp., Ont. The claims are adjacent to a 28-claim block already owned by the company. An airborne geophysical survey has been completed.


Alberta Stock Exchange Soocana secretive

For the second week in succession, Soocana Explorations, gained significant ground without making any announcements. Last week, Soocana advanced by 30 cents on speculation that the Toronto company ha…


Falling base metal prices may hinder Amax

Is Amax Inc. (NYSE) getting Falconbridge Ltd. (TSE) for a song or will the proposed $2.8-billion takeover handcuff Amax to a staggering debt for years to come? Much depends on the outlook for base met…


McAdam progressing at Spud Valley bet

When work on a test milling facility at McAdam Resources’ (TSE) Spud Valley gold project is completed later this month, the company says it will conduct the first test run on a surface stockpile. Rese…


Pegasus options Quartz Mountain gold project

Quartz Mountain Gold Corp. (TSE) may soon have a new joint venture partner for its Quartz Mountain gold project in Lake Cty., Oregon. The Vancouver-based company recently granted Pegasus Gold Corp. (T…


Three prospectors vend claims for $1.4 million

Anyone who has ever contemplated a prospecting venture or staked a mining claim knows the chance of striking it rich is about the same as winning a lottery. But every so often the classic story of a b…


Normetal mine nears production again

A $2.4-million private placement arranged by partners Normetal Mining Exploration (ME) and La Sarre Mining Exploration (ME) will be used to bring a silver-zinc project, near La Sarre, Que., into produ…



Sample results encourage Hidden Lake Gold Mines

Several occurrences of gold bearing iron-formation have been discovered by Hidden Lake Gold Mines on a large grassroots property near Wheeler Lake in the Northwest Territories. The 22,000-acre propert…


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.

Close