News

Augmitto plans underground work

Additional underground exploration is expected to start shortly on Augmitto Explorations’ gold property near Rouyn, Que. The work is being funded by a unit offering completed on Oct 15. The undergroun…


Mono Gold estimates reserves at Madoc

With a total of 26,141 ft drilled in 80 holes on its Bannockburn property near Madoc, Ont., Mono Gold Mines has calculated a provisional estimate of in-place reserves of 212,729 tons of 0.288 oz gold …





Underground for Tandem at Moss Twp. gold project

Plans are being formulated for an underground test of the Tandem Resources-Storimin Exploration joint venture project in Moss Twp., 70 miles west of Thunder Bay in northwestern Ontario. Representative…





Bighorn going underground once financing completed

Pending the successful completion of a $1-million flow-through share issue, Bighorn Development Corp. plans to rehabilitate the shaft on the main vein on its Island Lake gold property in northern Mani…


Silvera starting drilling program

Diamond drilling is expected to start in early November on the Anton and Wapiyao gold properties held by Silvera Resources in B.C. and Saskatchewan respectively. Funding for the work will be provided …


Thompson proposal would cut dealers’ compensation

The Thompson committee on junior mine financing has gone back to the regulatory drawing board and returned with major changes to its proposals for dealer compensation. The Ontario Securities Commissio…


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