News

First reserve grades low on Bay/Jilby Fontana bet

The three joint-venture partners on the Fontana property in Duverny Twp. in northwestern Quebec have announced the first reserve figures on the property. Calgary-listed Bay Resources and Services (ASE…


Greenstone/Dragoon venture in 9-month tune-up stage

Production of silver-lead-zinc concentrates is under way once again at the Comstock Silver Cup mine in British Columbia’s Slocan mining district, The Northern Miner has learned. Nearly 70 years since …


Montreal Exchange Audrey uncovers lens

A new massive sulphide lens has been discovered by Audrey Resources some 800 ft southeast of its producing polymetallic Mobrun mine, the company reports. Audrey, which traded 50,400 shares and moved u…


Golden Zone deal

Golden Zone Developments (VSE) has acquired an option to earn a 46.65% interest in the Big Hurrah gold property near Nome, Alaska. The property hosts reserves of 380,000 tons grading 0.45 oz gold per …


Equinox on schedule with Maude Lake program

An underground exploration program on the Maude Lake gold deposit is progessing on schedule, operator Equinox Resources (TSE) says. The property, which is located near Matheson, Ont., is held under op…


Stratabound acquires two sulphide deposits

Calgary-based Stratabound Minerals (ASE) has acquired two massive sulphide deposits in the heart of the Bathurst-Newcastle mineral belt of northern New Brunswick, the company said recently. Known as t…


Cassiar committed to McDame asbestos mine

Asbestos producers have faced numerous difficulties over the years including Cassiar Mining (TSE) whose product quality is one of the highest in the world. In terms of usage its fibre is also among th…



Atlantic Report Stratabound gets polymetallics

Stratabound Minerals of Calgary recently acquired two New Brunswick properties in the Bathurst camp containing substantial reserves of copper, cobalt, gold, silver, lead and zinc. The Captain and Tayl…


Market info added

For the benefit of our market- oriented readership, all highlighted company names appearing in stories will be followed by a two- or 3-letter designation identifying the stock exchange on which the co…


Talisman hole down-dip

Talisman Mines says that a strong intersection completed by Placer Dome Inc on a gold property is not as encouraging as was initially believed. The 20-m section which graded 6.7 g gold per tonne (0.19…


Placer Dome and Fairfield conclude option agreement

After negotiating with several majors, Fairfield Minerals (VSE) has concluded an option agreement for its Oka and Elk properties with Placer Dome (TSE). Located in the Okanagan region near Peachland, …


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