News

Utah option on Glencairn claims

Glencairn Explorations has signed an agreement in principle with bhp-Utah Mines, a U.S-based company. Utah has the right to earn a 55% interest in Glencairn’s 24- claim Blue Mountain gold property in …


Hecla going ahead on N.S. bet

A decision by Hecla’s Canadian subsidiary, Hecla Mining Co. of Canada, to proceed with development of the Mooseland gold property northeast of Halifax, N.S., could boost the company’s gold production …


Cryderman plans program

Cryderman Gold is planning an exploration program on its Geraldton, Ont., area property which includes the former producing Sand River gold mine. The program will concentrate on an area 8,500 ft west …


Board change at Zahavy

The completion of effective control of Zahavy Mines was carried out by Noramco Mining Corp. The old board of Peter George, president, A. J. Lewis, general manager and R. G. Lewis, secretary-treasurer,…


Minnova completes B.C. drilling

Minnova Inc. recently completed approximately 4,000 ft of drilling on International Maggie Mines’ Indian River property near Squamish, B.C. The drilling defined two mineralized exhalite horizons withi…



Cons TVX to buy interests in Chile

An agreement has been signed which will give Consolidated TVX Mining Corp. a 49% interest in mining concessions in Chile. The concessions include the La Coipa gold- silver property which was explored …


Oz and Farboro option property

Two Quebec-based firms, Oz Exploration and Farboro Resources, have jointly obtained an option to acquire a 100% interest in property in Elmhirst Twp., in northwestern Ontario’s Thunder Bay mining divi…


American Pacific takes over Honduras mine

The El Mochito silver-lead-zinc mine in Honduras is back in production after a recent takeover by American Pacific Mining (formerly Westbridge Resources). American Pacific purchased the mine, along wi…


Nor-Quest high grade

Underground drilling by Nor- Quest Resources on the company’s Arizona gold property has outlined a high grade vein. Two stopes at the mine have advanced for 200 ft in vein material grading 0.54 oz acr…


St Joe drills off reserves on Kenora P & M property

Two quiet years of exploration by St. Joe Gold have resulted in another gold deposit for the company. An 18,440-m drill program has been completed on the company’s Shoal Lake property held under optio…


Orofino’s Scadding back in production

Milling operations have resumed at Orofino Resources’ Scadding mill near Sudbury, Ont. The operation was suspended on Oct 14 due to a damaged ball mill. A replacement unit has been installed and tuned…


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