Editorial Northern spirit
Mining men and women have always had to face the vagaries of Mother Nature not only underground but on land as well. Imparted with a pioneering and adventuresome spirit, such people faced hardships in…
News
Malartic gains Val d’Or gold property from Audet
Malartic Hygrade (VSE) has acquired from the Audet family, a 20-claim property in Bourlamaque Twp. Que., two miles east of the Sigma and Lamaque mines in Val d’Or. The claims are within 10 miles of th…
Golden Dragon stakes Lac St. Jean claims
Recently staking 165 claims in the Lac St. Jean area of Quebec was Golden Dragon Resources (VSE) and its joint venture partners Glen Auden Resources (TSE) and Tarzan Gold (ASE). The claims cover a nor…
Goldnev and Bethlehem to re-activate Noranda’s Goldstream copper
Prime Capital’s Goldnev Resources (VSE) is planning to get into the base metal business by reactivating the Goldstream copper-zinc mine near Revelstoke, B.C. The company also has a number of gold proj…
Metina options Mishibishu claims
Metina Developments (VSE) and associate Manridge Explorations (TSE) have acquired an option to earn a 49% interest in 68 claims in the Mishibishu Lake area west of Wawa, Ont. Central Crude Ltd. (TSE) …
Vancouver Stock Exchange Continental Gold down 62^
Because junior gold mining issues are not on the top of most investors’ shopping lists, trading activity in Vancouver remained sluggish for yet another week. Brokers here say the only bright spot is a…
Pioneer acquires stake in Big Bar Gold
By way of private placement and transfer of escrow shares, Pioneer Metals Corp. (TSE) will acquire control of Big Bar Gold Corp. (VSE) and its key asset, an option to earn a 49% interest in the Windy …
Noble Peak acquires BHP-Utah zinc deposit
Noble Peak Resources (TSE) has acquired a 100% interest in the Crypto polymetallic deposit in Utah from BHP-Utah International. BHP received one million Noble Peak common shares valued at $2.36 each. …
Lindsley hosts large reserve
Initial estimates of mineable reserves at Falconbridge Ltd’s (TSE) deep Lindsley deposit near Sudbury, Ont., place the tonnage at about seven million tonnes grading 1.6% nickel and 1.5% copper, along …
East West to process Restigouche ore
Marshall Minerals Corp. (ASE) has entered into an agreement with East West Caribou Mining in connection with the processing of the ore outlined on Marshall’s Restigouche property and sale of the resul…
Market downturn taking toll on Yukon exploration Special to The
This time last summer, helicopters were buzzing geologists in and out of a myriad of isolated mining exploration camps. It was a regular boom. Now, many of those camps are empty and fewer people are w…
Taywin drill program yields good results
A drill program at Taywin Resources’ (VSE) Merry Widow property south of Port McNeill on Vancouver Island has returned some interesting gold values. Indeed, the gold discovery is one of the more excit…