The flow-through saga has taken a new turn with the introduction of grants as a replacement for the controversial earned depletion allowance. The new program is designed to aid junior mining and oil a…
Visible gold has been noted in seven percussion holes completed on Cascadia Mines & Resources’ Cariboo-Kiethley Creek properties in southwestern British Columbia. Just over a year ago, the company ent…
Some of the big traders of recent weeks were active once again as Ottawa offered a lifeline to junior exploration companies by extending the present flow-through financing system until the beginning o…
Like many junior explorers across Canada, Anglo Dominion Gold’s (TSE) ability to finance its main projects was hampered by the Oct 19 market downturn. Nevertheless, the Toronto company’s financial pos…
When Mount Wright Iron Mines finally gets the money it’s owed by Exminesa, the company that owns and operates the Rubiales lead-zinc mine in Spain, it should have a significant bundle of cash. Mount…
North American Rare Metals (VSE) is continuing drilling with three machines at the Matagama area gold property which it owns jointly with Dundee Palliser Inc. (TSE). The deepest hole is still open to …
Proven, probable and potential reserves at the North Cobalt silver property in northern Ontario stand at more than 1.4 million oz grading 44 oz silver per ton, Leith Hellens, president of Silverside R…
Asquith Resources, a company under the direction of geological consultant J. L. Tindale, is concentrating on its gold property in the Shiningtree area of northeastern Ontario, but the company has also…
ALUMINUM: MW U.S. Market $1.04-$1.08 per lb. (Apr 21, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.65-$5.80 per lb. (Apr 28, 1988). CADMIUM: New Yor…
An intersection of 0.19 oz gold per ton over 14.9 ft was reported by Abbey Exploration (TSE) and its two partners from hole 88-4 on property in Guyanne Twp., in northwestern Quebec. Abbey’s joint-vent…
The transition of Kam-Kotia Mines (TSE) from a holding company into an operating company is under way, shareholders were informed at the annual meeting. In March of this year the company reached agree…
A production decision has been delayed at the Crone Hill property of Galactic Resources (TSE) and Quartz Mountain Gold (VSE) because of what they describe as “ambiguous metallurgical results on the he…
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