News

Chevron, Stroud hit new zone

Another mineralized zone has been discovered by partners Chevron Minerals and Stroud Resources on their Hislop gold property southeast of Timmins, Ont. The latest showing comes 1,300 ft northwest alon…




O’Leary-Malartic lets claims lapse

Following completion of a geophysical program on a Mazarin Twp., Que., property owned by O’Leary-Malartic Mines, the company allowed its claims to lapse, O’Leary-Malartic says in its report to shareho…


McChip exploration to continue in 87

Despite a drop in international oil prices which reduced the company’s revenues from $589,745 or 20 cents per share in 1985, to $215,598 or 7 cents per share during fiscal 1986, McChip Resources plan…


Rayrock first quarter up, sees dip in gold output

Production this year from the three open pit gold mines in Nevada operated by Rayrock Yellowknife Resources could decline slightly from last year, President David Crombie said following the annual mee…


Nor-Quest eyes Costa Rican gold

An agreement to explore and purchase a mining concession 8 sq km in size in the Juntas area of Costa Rica has been entered into by Nor-Quest Resources. Under the direction of Tim Coates, the company’s…





CROSS-CUTS Prospectors’ Triathalon

It should be a great party when Timmins, Ont. — the city with a heart of gold — celebrates its 75th anniversary this summer. We wonder, though, how many participants will be prepared to get up Sunda…



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