Flow-through financing worth up to $510,000 has been arranged by Stewart Lake Resources (TSE) with Equion 89-3 Resource Ltd. Partnership. Stewart Lake reports the funds will be used for continued expl…
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…
A. G. “Gerry” Roach, a prominent metallurgist and member of the Canadian Institute of Mining and Metallurgy, died recently after a battle with cancer. Roach was born in 1904 and graduated from Queen’s…
After continuing to rally to new highs this week, the composite, metals and gold indices retreated to close at 4003.67 pts, 3717.92 pts and 6361.9 pts respectively. Daily volumes remained firm above t…
Teck Resources Inc., a wholly- owned subsidiary of Teck Corp. (TSE), has leased a 5,000-acre mining claim owned by Centurion Mines Corp. (NASDAQ) of Salt Lake City, Utah. The property is in the West T…
TSE-listed Euro-Nevada Mining posted a net profit of $121,000 or 1 cents per share in its first quarter ended June 30. In the same period last year the company lost $605,000 or 7 cents per share. Rev…
A $4.7-million underground and surface exploration program is expected to be completed within two months on the former producing Cochenour Willans gold mine property near Red Lake, Ont. Project partne…
Environmental regulations relating to containment of potentially hazardous material at Societe Miniere Louvem’s (TSE) Manitou tailings project, could prevent the company from starting production until…
Field work is under way on the Dean Creek gold property 35 km west of Red Lake, Ont., Golden Day Mining Exploration (ME) and Inlet Resources (ME) report. Mapping and trenching work is to be completed …
Surface work by X-Cal Resources (TSE) on its 100%-owned Snowbird property near Fort St. James, B.C., has located a new gold bearing zone parallel to an earlier discovery in the East zone area. The com…
Vancouver-based affiliates Teck Corp. (TSE) and Cominco Ltd. (TSE) have completed the first part of an agreement under which they will acquire 3.3 million Aur Resources (TSE) shares at $10.75 each. Th…
A Lac St. Jean area property owned by affiliated companies Cross Lake Minerals (VSE), Glen Auden Resources (TSE) and Tarzan Gold (ASE) has been optioned by Asarco Exploration Co. of Canada. The proper…
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