News


Minnova/Rea Gold get approval for B.C. mine

Because going- it-alone to production is proving too costly a proposition for many juniors in British Columbia these days, a good many of the province’s advanced projects seem to be finding their way …


Lead/zinc shipped from Caribou, N.B. by 1989

A new $120-million mine has begun producing concentrates in northern New Brunswick. Lead/ zinc concentrates from the 2,000- tonne-per-day Caribou mine/mill complex should be on their way to Europe by …


Publicity, ethics rule Acadia Mineral meeting

Professional ethics took a front seat at the annual meeting of Acadia Mineral Ventures (TSE) in Toronto recently. Several shareholders expressed concern about apparent discrepancies in tonnage and gra…


Hardrock Extension

Encouraging gold assays have been received by Hardrock Extension (TSE) from the company’s gold property near Geraldton, Ont. Surface stripping and sampling have tested the VG zone for 80 ft. Some of t…


ERG Resources get financing

A financing for ERG Resources (TSE) big tailings recovery project near Timmins, Ont., has been arranged. A $41 million gold loan has been provided by Westpac Banking Corp., based in Australia. Pamour …


Levon/Veronex program yields gold in drift

A drifting program on the Congress gold property of Levon Resources (VSE) and Veronex Resources (VSE) near Gold Bridge, B.C., recently intersected a 630-ft long zone grading 0.33 oz gold over an avera…


Letters to the Editor CIM ignored

I was pleased to note that you included Jack McOuat’s speech on Due Diligence as presented at the Toronto Branch of CIM on Sept 15 in your Oct 3, issue. I was disappointed however that you made no men…


Magino mine officially open

The second gold- mine opening in less than a month took place northeast of here recently when the Magino property of Muscocho Explorations (TSE) and McNellen Resources (TSE) officially went into produ…




Sutton/Crown Drilling Creede Property

Drilling of two deep holes is now under way on the Creede, Colorado silver-gold property held 50/50 by partners Sutton Resources (VSE) and Crown Resource Corp. (NASDAQ). The project is located in the …


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