News

Westley broadens U.S. gold play

Canadian firms are playing a very significant part in the gold exploration activity that is sweeping the western U.S. states. Westley Mines is certainly one of these. This company, reports President V…


Corona sets warrant price

International Corona Resources has filed a final prospectus to offer 1.65 million 1996 warrants to the public at $27.50 per warrant to raise $45,375,000. The warrants will be fully paid upon issue. Ea…


Aunor Res. reports low grade gold

Aunore Resources has announced the first results of exploration programs on its Puiseaux properties in the Casa Berardi area and its Hebecourt property northwest of Rouyn- Noranda. In a small drill pr…


Gold production up by 30% at Agnico’s mid-year mark

With one record year under its belt, Agnico-Eagle Mines appears well on its way to achieving another. For the six months ended June 30, the company’s gold division produced at an all-time peak in tons…


Teck set to reopen Newfoundland Zinc

With zinc prices firming at the 40 cents (US) per pound range, Teck Corp is said to be planning to reopen the Newfoundland Zinc zinc mine at Daniel’s Harbor, Nfld. Production at the mine, 63% owned by…


Gunner gets option on Sweany claims

An option agreement has been signed between Sweany Gold Corp. and Gu nner Gold which gives the latter company the right to earn a 75% interest in Sweany’s Beardmore, Ont., area gold prospects. Gunner …


Farboro buys two properties, plans financing

Farboro Resources has acquired two properties in northwestern Quebec, the Desboues property covering about 370 ha about 60 km northeast ofLaSarre and the Barry property between Senneterre and Chibouga…


Behre Dolbear

Behre Dolbear & Co., a New York-based minerals industry consulting f irm and a subsidiary of Great Horn Mining, has merged with another minerals consulting firm, Riverside Associates, also of New York…



Query Golden Hope not pure gold playr

I purchased Golden Hope stock at $3 per share. Do you expect the sha re price to eventually rise? J.A., Belleville, Ont. Of course, all investors hope that the price of any shares they purchased will …



Exploration in high gear for Imperial Metals Corp.y.

Exploration has moved into high gear, says Imperial Metals Corp. Cha irman Hugh C. Morris in a first quarter report to shareholders. Drilling is scheduled for the Cunningham Creek and Takla projects i…


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