News


RCJ Resources expands Sakoose mineralized zone

Drilling by RCJ Resources has extended the known dimensions of the Sakoose gold zone. Located in northwestern Ontario, the Sakoose mine was a former producer which yielded 3,669 oz of gold from ore gr…


N.A. Metals fights Homestake

Life in the North American goldfish bowl is becoming much more exciting for publicly-traded companies with gold reserves and production potential. Indeed, the predatory fish themselves are being pursu…


Ottawa offers to soothe depletion blues

The federal government isn’t budging on its commitment to phasing out the earned depletion portion of flow-through shares, Energy, Mines and Resources Minister Marcel Masse has announced. But he says …


Bethlehem focus on mining

Having recently changed its name from Parkside Petroleum, Bethlehem Resources is now changing its focus from oil and gas to mining. Headed by Henry Ewanchuk, a past president of Mascot Gold and former…


Some exploration projects in 1987-88 in Red Lake

The following is a list of exploration in the Red Lake area over the past year and projected activities for 1988. Re-exploring known sites Much of the exploration activity in 1987 was dedicated to …


Liquid coal is on the horizon

There was once a time when almost every home had a coalbin in the cellar. Shiny black nuggets rolled into the bin from the coalman’s truck providing fuel for the furnace. The coalbin held a certain fa…



Eastmain drill targets

A basal till sampling program has identified 28 geochemical gold anomalies in the Eastmain River area of Quebec, Eastmain Resources says. Of the 28 anomalies, 21 will be followed up with more sampling…


Kewagama placement

A private placement with a company director has been reduced to 100,000 common shares at $1.10 per share because of current market conditions, Kewagama Gold Mines (Quebec) reports. Also, subject to re…


Metals fights Homestake

Major owners: * North American Metals (50%), Chevron Canada Resources (50%) Commodity: * gold Discovery date: * 1985 Production decision: * August, 1987 Start-up: * fourth quarter, 1988 Capital costs:…


Fairbanks hosts heap-leach course

A short course on the recovery of gold from ore using heap leaching technology is being presented at the Alaska Civic Centre, March 22-23, in Fairbanks, Alaska. Presented by the Alaska Departments of …


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