A much-needed spate of buying during the end of our review week has added more than 60 pts to the tse composite index, which is back over the 3,000-point mark. After being pummeled by several days of …
Villeneuve Resources has arranged share financings which netted $760,000. The cash will fund exploration programs on properties in Ontario, Quebec and Nevada. In the Mishibishu area west of Wawa, Ont….
In a bid to increase reserves at three of its Timmins area properties, Toronto-based Marshall Minerals has entered a number of agreements which call for some $7 million to be spent on exploration. In …
Higher interest rates in Canada (in comparison to the United States) have strengthened our dollar and reduced fears of inflation which, similar to the U.S., is public enemy number one. But our stronge…
After entering an agreement to buy a large iron property in Delestre, Que., Calgary-based Stockmen Minerals says it has set out to examine the prospect for possible gold reserves. Located 35 km north …
The future for Lacana Mining can only get better. The Toronto-based mining company, which in fiscal 1987 produced 39,000 oz gold (and about 781,000 oz silver) from its share of several North American …
A $2-million program is nearing completion at Rea Gold’s Discovery zone property 60 miles northeast of Kamloops, B.C. The company completed a 1,033- ft adit to access reserves in the L98 lens, calcula…
A 50% increase in ounces poured over the last 12-month period and a 20% hike in the price of the yellow metal reflects well on the bottom-line results of Echo Bay Mines, released this week. But result…
Geologists will soon be going underground again on the Lingman Lake gold deposit in northwestern Ontario. It has been about 40 years since someone has been underground there. But a Ned Goodman company…
It’s fair to say that Mascot Gold Mines’ Nickel Plate project near Hedley, B.C., has endured its share of teething problems. But for most new mines that’s all part of growing up — the school of “hard…
Bralorne Resources — W. F. Limin appointed president and chief executive officer succeeding F. W. Fitzpatrick who is retiring after 17 years with the company.
Having completed a $1-million exploration program to earn 60% of Currie Rose Resources’ Laonil Lake gold property in northern Saskatchewan, Placer Dome is planning another sizeable drill program start…
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