News

Chibougamau, Chapais to receive assistance

The Quebec government is casting a $13-million vote of confidence for the Chibougamau-Chapais region. In the short term $2.8 million is being provided to aid three major copper mining companies in the…


Decline well advanced at Vedron/Belmoral bet

Reporting progress on the gold property in the Timmins, Ont. area controlled by joint venture partners Vedron Ltd. and Belmoral Mines, Vedron says a decline ramp has advanced more than 200 ft on the p…


Massval moves on Placer’s Eastmain project

After being almost forgotten for some time, Placer Development’s 100%-owned Eastmain property may be getting the shot in the arm it needs with funding for exploration and development from Massval Reso…


Editorial: There are risks, but rewards are great

Popular misconceptions are persistent beliefs, displaying an uncann y ability to remain alive no matter how untrue they may really be. One reason such misconceptions are labelled `popular’ is that eve…




Pickle Lk. survey being released

Results of an airborne survey of the Pickle Lake, Ont., region will be released Oct 14 by the Ministry of Northern Development and Mines. They will be released at Toronto, Thunder Bay, Sioux Lookout, …


Pundata acquires B.C. gold claims

Pundata Gold Corp. says it has acquired four claims with proven gold reserves at a prospect located in the southern extension of the Quesnel trough in British Columbia. The company says the claims con…




Phoenix wins survey for Japanese firm

Phoenix Geophysics of Markham, Ont., has obtained a contract for NEDO (New Energy Development Organization) of Japan for a magnetotelluric (MT) survey on the island of Kyushu. The contract, for an est…



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