News

Pan East negotiating flow-through deal

Pan East Resources reports it is negotiating for flow-through funds t o carry out a 2-phase exploration program on its Nova Scotia gold prospect at Fifteen Mile Stream. The first phase would cost $350…


Cumberland starts follwo up drilling

A second-phase drill program, totalling 6,000 ft, is under way on Cumberland Resources’ Evans Lake property in northwestern Ontario. The program will follow up drilling completed last summer which i…



Audrey exercises its Mobrun option

Audrey Resources has earned a 50% interest in the Mobrun property, controlled by Corporation Falconbridge Copper. The interest was earned after Audrey spent $5 million and mined out a 10,000- tonne bu…


Montreal Exchange: Louvem leaps to $1.85

Wednesday close, Oct 15 Val d’Or mining company Louvem got a hefty shot in arm this week when a Swiss-based newsletter referred to it as the cheapest of all Canadian gold producers. The European pub…




Greenstone buys property package in Chibougamau

Greenstone Resources has agreed to acquire a package of several minin g properties covering 67,870 acres in the Chibougamau area of northwestern Quebec from Camchib Mines, a wholly-owned subsidiary of…



Micham program confirms Swiss potential for gold

The joke goes that the only gold you are going to find in Switzerland is in the form of bullion, buried deep underneath the Zurich banks. So most people must think, since despite the abundance of outc…



Minieres du Nord puts second drill on Isle Dieu bet

Explorations Minieres du Nord has cut some good gold values on its Isle Dieu Twp. property near Matagami in northwestern Quebec. A drill program of about 3,000 ft was completed on the Marcelle vein zo…


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