News

Deep hole clicks for Seabright Res

The first deep drill hole put down by Seabright Resources on the Beaver Dam property in Nova Scotia has intersected gold mineralization 700 ft deeper than any previous drilling. As a result of the sig…


Zahavy and Getty re-activate Favourable Lake

A $7.8 million 2-phase exploration and development program has been approved by joint venture partners Zahavy Resources and Getty Resources that could lead to a production decision on the Favourable L…


THE EDITORIAL PAGE Russians learn from us

It seems the Soviet mining industry could use some tips from Canad a on mine management, a not-too-surprising development when you consider the reputation Canada has around the world for mining expert…


Cane Corp’s survey defines drill targets

An airborne geophysical survey has been completed by Cane Corp. on t he company’s claim group in Vezza Twp., Que. The survey located several targets warranting diamond drilling, the company says. Fund…


Nahanni drilling Michaud property

A diamond drilling program has started on ground held by Nahanni Min es in Michaud Twp., Ont. Located 25 miles north of Kirkland Lake, the property was tested by previous drilling years ago which cut …


Soviet gold sales depress market

Official figures are virtually impossible to get, but it appears the Soviet Union has been selling gold heavily in recent months in order to gain foreign currency. Soviet gold sales in 1985 are estima…


Noble Peak gets Matagami claims

An airborne geophysical survey in under way on a large 531-claim pro perty acquired by Noble Peak Resources. Located in the Detour Lake-Matagami area of northern Quebec, the property straddles a 5-km …


Nevada gold map

Nevada’s Bureau of Mines and Geology has released a new revision of its map of bulk-mineable gold and silver deposits and prospects. The million-scale map shows the locations of 74 deposits and 81 pro…


Novamin proceeds on private placement

Montreal-listed Novamin Inc. says it was proceeding in the last two weeks of November to a private placement of its common shares with a maximum of 50 investors resident in the province of Ontario. Th…


Duration drilling Ronrico option

Drilling has resumed on the property held by Duration Mines and Ronr ico Explorations in the Casa Berardi area of northern Quebec. Two drill rigs are testing several targets. In the Dougie Lake area, …



Golden Eye drilling

Diamond drilling has resumed on the Red Bird project controlled by G olden Eye Minerals. Located near Salmo, B.C., the property has several high grading zones of base metal mineralization, including g…


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