VANCOUVER — A production decision is expected by late spring on the Silver Queen polymetallic property near Houston, B.C., owned 60% by Houston Metals Corp. and 40% by New Nadina Exploration. A feasi…
An important-looking gold discovery has been made by partners Beaufield Resources (49%) and Falconbridge Ltd. (51%) in the Macho- Rouleau area 140 km northeast of Senneterre, Que. Drilling by Falconbr…
Significant gold assays are coming in from the Pacquet property on Newfoundland’s Baie Verte Peninsula where International Impala Resources and Noranda Exploration Co. have a joint venture program. Th…
Tusk Minerals has acquired an option to earn a 50% interest in 21 claims northeast of Wawa, Ont. Located in the Goudreau-Missanabie area, the claims are located seven miles east of the Magino and Krem…
A gold loan of 106,000 oz has allowed International Corona Resources to pay off its share (50%) of the financing for the producing David Bell gold mine at Hemlo in northern Ontario. Corona sold the go…
VANCOUVER — Following an amazingly short construction period of 35 weeks, Pioneer Metals is commissioning the mill at its Puffy Lake gold project in northwestern Manitoba. As anticipated, the first d…
With major permits granted and financing arranged, Viceroy Resources expects to begin production at its Castle Mountain heap leach gold property in San Bernardino Cty., Calif., by next summer. The $11…
Preferred shareholders of Potash Co. of America (pca) have voted in favor of an amalgamation between their company and a wholly-owned subsidiary of Rio Algom Ltd. Rio Algom reports the preferred share…
The lawsuit between International Corona Resources and Lac Minerals has developed into much more than a dispute within the mining industry. The case is now going before the Supreme Court of Canada and…
What with the fall of insider-trader Ivan Boesky, the market crash on Black Monday, and the recent release of a film, “Wall Street”, which excoriates the whole industry, it hasn’t been exactly a happy…
If there was ever a time of uncertainty about financing junior minin g companies, it’s the last quarter of 1987. Did Michael Wilson’s white paper on tax reform spell the end of flow-through? Will chan…
A Toronto-based junior mining company, Spirit Lake Explorations, inactive for many years prior to being revived in 1986, was recently listed for trading (symbol sel) on the Montreal Exchange. The comp…
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