News


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…


X-Cal to drill Snowbird bet

A 2-phase diamond drilling program is planned for the Snowbird property in the Omenica mining district of B.C., reports X-Cal Resources President Shawn Kennedy. The program will attempt to double the …


Ronrico improves position In Ungava pplatinum play

The prospects for Ronrico Explorations have improved considerably ov er the past year — and there is more to come, Donald J. Kemp, president, told shareholders at the annual meeting. The turnaround i…


Atlantic Report Bullish on Atlantic mine growth

Optimism about mine development in the Atlantic provinces was eviden t at the District 1 meeting of the Canadian Institute of Mining held in Halifax recently. Speakers at the opening session summarize…



Goldhurst to drill

A drill program is expected to start this week on Goldhurst Resource s’ gold prospect in Walters Twp., near Beardmore, Ont. The small 3,000-ft program will test several geophysical conductors which ha…


Odessa completes small drill program

A 4-hole drill program has been completed on the Birchville gold pro perty by Odessa Explorations. The property is located in the Mother Lode area of California. Assays from the drilling are expected …


Shares offered by Barrick to buy Pancana Minerals

American Barrick Resources is swallowing another gold producer — its sixth acquisition since 1983 — as it continues to increase its gold production. The non-cash transaction will see each share of P…


Alberta Stock Exchange Gainers lead the pack

Wednesday close, Dec 3 Several resource issues made solid gains during the week. First City Gold Corp., was one of the bigger winners, adding 85 cents to close at $3.35. The company, which made our mo…


Big drill at Casa Berardi

With winter setting in, there is a lot of new drilling getting under way in Quebec’s Casa Berardi area. One of the latest to announce a big program is North American Rare Metals (ME) and its joint ven…


Touring Thompson wins northern support

Prospectors and explorationists in northern Ontario are in general agreement with the recommendations of the Thompson committee report on junior mine financing, Chairman Edward Thompson says. Last mon…


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