Shareholders of Equity Preservation Corp. overwhelmingly approved a management proposal to change the closed- end investment firm into an operating exploration company at a special meeting. Legal chal…
A new gold-bearing zone in the northern part of the Vendome property located 30 miles north of Val d’Or, Que., and three miles west of Barraute, has been discovered by Val d’Or Resources (ME) and Abco…
A band of high quality dolomite with a maximum of 1% silica impurities and a minimum whiteness of 88.5% (meeting the company’s standards) has been uncovered by Aster Exploration (ME) at its Portage-du…
Two drill holes have extended the strike potential in the Main zone at the Grew Creek gold discovery near Faro, Yukon. Noranda Exploration is operator for a joint venture which includes Golden Nevada …
Mining claim staking in northern New Brunswick has been active recently, says the New Brunswick Prospectors and Developers Association (NBPDA). Approximately 1,100 claims have been recorded along a fa…
Record uranium production combined with lower debt charges and interest rates are the main reasons behind the record earnings of $60.3 million realized by Saskatchewan Mining Development Corp. For the…
Net income of $2.25 million (6 cents per share) was reported by Belmoral Mines (TSE) for the first quarter of 1988, compared with $1 million (4 cents per share) for the same period last year. Revenues…
Nu Pacific Resources has amalgamated into Iron Lady Resources Inc. (IRD:VSE). Shareholders of Nu Pacific receive 1-new-for-3-old shares; shareholders of Iron Lady receive share-for-share.
A second assay has confirmed earlier published results from the Launay-Privat gold property situated about 30 miles northeast of Rouyn-Noranda, Que., Messeguay Mines (ME) reports. Hole ML-87-75 return…
An expected resumption of operations at the Sherwood mine gold property in the Strathcona area of Vancouver Island has given a spring boost to the Casamiro Resources issue. Trading on 333,100 shares i…
A 4,000-ft reverse circulation drilling program is commencing at Energex Minerals’ (VSE) and Geostar Mining’s Gold Springs project located 150 miles northeast of Las Vegas on the Nevada-Utah border. B…
When the Royex Mining group of companies announced its plan to amalgamate and form what could be Canada’s third largest gold producer, the story gained quite an audience but no one expected the show w…
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