News

Gowest, Texmont drilling Tully find

A major drilling program is expected to get under-way this year at the Gowest Amalgamated Resources (ASE), New Texmont Explorations (ASE) gold property at Tully Twp. north east of Timmins, Ont. Plans …


Placer output starts at Gold City project

Klondike placer gold miner Gold City Resources (ASE) is back in business again at its Indian River project in the Yukon’s Dawson Mining District. Gold City is one of at least six public and more than …


Watts, Griffis wins contract

A $7-million contract has been awarded to Watts, Griffis and McOuat, a Canadian geological consulting company by the Ministry of Petroleum and Mineral Resources of Saudi Arabia. A team of 15 Canadian …



Montreal Exchange Silidor going ahead

Investors in resource issues appeared to enjoy themselves this week, sending the mining and minerals index soaring with a gain of more than 101 pts. The market portfolio also did well for itself, jump…


Noront set to fund exploration programs

Following the recent completion of a $2-million financing, Noront Resources (VSE) is set to continue exploration on four gold properties in northwestern Ontario, and a grassroots program in Newfoundla…


Dome Mountain players hold first meeting

Teeshin Resources (VSE) announces that the Dome Mountain joint venture with Canadian-United Minerals (VSE) has held its first management committee meeting. The management committee has accepted the Do…


News in Brief (August 07, 1989)

Steelmaker Dofasco Inc. has concluded the purchase of the remaining 75% of the outstanding shares of Quebec Cartier Mining from USX Holdings of New York, N.Y. Dofasco bought an initial 25% interest in…


Exploration under way at High Frontier bets

Vancouver-based High Frontier Resources (VSE) continues to expand its land position near the massive sulphide discovery east of Val d’Or, Que., by Aur Resources and Societe Miniere Louvem. So far, Hig…


Blue Emerald starts Lac St. Jean program

A $500,000 exploration program has begun on a group of four grassroots exploration properties under option to Blue Emerald Resources’ (VSE) in the Lac St. Jean area of Quebec. The largest of the four …


First Toronto’s Forsayth placed on auction block

The Mount Gibson gold mine has breathed new life into this part of Western Australia where the economy has almost been paralyzed by poor prices for agricultural products. The project, which has been p…


Cheni’s Lawyers mine pours gold at opening

With the traditional ribbon-cutting ceremonies, speeches and pouring of dore bars, Cheni Gold Mines (TSE) officially opened its 100%-owned Lawyers mine and mill complex located in this remote region o…


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