News

The Mineral Development and Lands Branch of the Ministry of Northern Development and Mines has been reorganized. “The new structure will help the branch to fulfil its mandate and enhance service to th…

Assay results from recent drilling on Gamsan Resources’ (ASE) Brabant Lake property in northern Saskatchewan have confirmed the presence of a lens of high-grade polymetallic mineralization. Gamsan’s 1…

With its Anoki gold project in the feasibility stage and underground exploration under way at the Kirkland West property near Kirkland Lake, Ont., Queenston Gold Mines (TSE) is hoping to become a gold…

U.S. Gold Corp. of Denver, Colo., reports net income for the 3-month period ended Sept 30 of $352,000 (US) or 1 per share on revenue of $1.9 million. For the same period a year earlier the company re…

With assay results in for the first ten holes of a major delineation drill program, United Lincoln Resources Inc. (VSE) is reporting an increase in gold grades at the open, southern end of the MBX dis…

A couple of former executives in LAC Minerals’ (TSE) exploration wing have agreed to lend their expertise to a new mining group. When the assets of Alberta-listed companies Perrex Resources (ASE), Alb…

This country’s mine-finders and mine-makers are recognized internationally as the best — everywhere but right here at home. For the average Canadian, we suggest, remains quite unaware of the very sig…

After persuading E.B. Eddy Forest Products to extend the deadline for an option agreement at the old Jerome mine near Swayze, Ont., Toronto-based Jerome Gold Mines (ASE) has raised $500,500 to finance…

Full ownership of the Golden Zone property in Alaska has reverted to Golden Zone Resources (VSE) after an option agreement with United Pacific Gold (VSE) was recently terminated. Grant Hagestad, chair…

A $3-million share purchase agreement with VSM Exploration involving six million flow-through shares will give Placer Dome (TSE) controlling interest in the exploration company. Placer has agreed to p…

Malcolm Slack and his crew have entered the nickel business. The well-known Canadian mining man and his team expect to have the high grade Redstone nickel deposit near Timmins, Ont., in production by …

Murray Pezim’s recent offer to acquire 51% of the issued capital of Consolidated Stikine Silver Ltd. (VSE) no doubt represents a potential financial windfall for Marguerite MacKay, president and subst…