Denver-based US Gold Corp. has taken a large share position in Atlanta Gold Corp. (VSE) whose principal asset is the Atlanta gold property in Elmore Cty, Idaho. US Gold has been tight-lipped about its…
Three more encouraging drill- core sections have been reported by Armistice Resources (ME) from the company’s deep drilling gold project at Virginiatown in northern Ontario, next to the long-producing…
Underground exploration is confirming the presence of ore grade gold mineralization at the Donalda gold property, held by partners Minnova Inc. (TSE) and Syngold Exploration (TSE). The property is nea…
Potential climatic changes, environmental issues and increasing demands for corporate information from shareholders and regulatory bodies are bound to affect how mining companies do business in the fu…
It’s never an easy decision to cut jobs, but in the case of the federal department of Energy, Mines and Resources’ plan to eliminate about 340 positions over the next three years, it’s the right decis…
A winter drilling program is under way on the Eastmain gold property in northern Quebec, near James Bay, MSV Resources (ME) reports. The program will involve drilling 60 holes representing 8,000 m. Co…
Partners Glencairn Explorations (ASE) of Toronto and BHP-Utah Mines are planning to start a 4,000- ft drill program at the Blue Mountain gold property near Kirkland Lake, Ont. Based in Vancouver, BHP-…
MinVen Gold Corp. (TSE) recently completed the acquisition of a one-third joint venture interest in the Golden Reward project located in South Dakota. The Golden Reward, a heap leach gold project curr…
Poor trade figures in the United States failed to put a damper on investor enthusiasm as the New Year’s rally continued unabated. A trade deficit in December of $12.5 billion (US) was announced which …
An 18,000-ft drill program is the first plan of action by Falconbridge Ltd. (TSE) and Conwest Exploration (TSE) in their joint effort to chase high grade nickel near Sudbury, Ont. The drilling is part…
Ontex Resources (ASE) has completed a $603,000 private placement financing representing the issuance of 900,000 common shares at 67 cents per share. The proceeds from the financing will be used for ge…
By June of 1989, Bridger Resources (VSE) and its new joint venture partner expect to have completed construction of a 110-ton-per-day mill on the La Pepa gold property in Chile, to be followed by the …
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