Toronto-based Orofino Resources (TSE) is making signficant progress on a couple of gold properties in north and northwestern Ontario, the company said recently. An 18-hole drill program at Orofino’s J…
An agreement has been worked out between NLX Resources (TSE) and Sandy K. Mines, a private company, whereby NLX will acquire 100% of the issued and outstanding shares of the latter in return for 6.7 m…
The latest in heap leaching technology will be the topic of discussion at a seminar to be held in Timmins May 24-26. The seminar, called Heap Leaching in the Canadian Environment, is being sponsored b…
An option has been acquired by Tusk Minerals (ASE) to earn a 50% interest in the former producing Anglo-Rouyn mine, located 35 km northeast of La Ronge, Sask. From 1966-1972 the mine produced 72,000 o…
Sinking work to extend the shaft below the 7th level at the producing Chimo gold mine in northwestern Quebec is to start in June, Louvem Mines (TSE) reports. The shaft should reach the 15th level in J…
A joint venture partner is being sought by Atlanta Gold Corp. (VSE) to help develop its gold property in Elmore Cty., Idaho. “Atlanta is inviting proposals from interested parties,” President Olaf Tol…
Some very encouraging assay results were received this week from two holes put down by joint venture partners Pan East Resources (ASE), Petroment Resources (TSE) and Gunnar Gold Inc. (TSE) on the Fift…
Construction of a ramp and extraction of a bulk sample of 30,000 tons is planned by Maufort Resources (ME) at the company’s Tiblemont property in northwestern Quebec. The company reports encouraging r…
Three new mines now under development will increase Placer Dome’s (TSE) gold production 40% to more than one million oz a year, President John Walton notes in the annual report. Much has been achieved…
The 50-cent piece, not the most visible of Canadian coins and no longer the silver beauty it originally was, may soon disappear, according to the Royal Canadian Mint. Composed of 92.5% silver and 7.5%…
The Saskatchewan government has given final approval to the Jolu gold project paving the way for the property to start producing gold before the end of 1988. The project, a joint of Mahogany Minerals …
For the quarter ending March 5, Nevada Goldfields (TSE) reports net profits of $329,897 on sales of $3,869,873. The company sold 8,441 oz gold and 17,581 oz silver from its Aurora and Kingston mines i…
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