Wednesday close, Nov 12 New listings are powering the Montreal Exchange to one of its best years ever. About one-third of more than 100 new listings on the exchange so far this year are resource compa…
New assays from the joint venture of Granges Exploration and MacMillan Energy indicate an extension of a known gold zone to the east and to the north on the Mishi project at Mishibishu Lake in norther…
Drilling is continuing by Noranda Exploration on the the L.H. gold property near Silverton, B.C., held by Andaurex Resoures. Hole L.H. 86-3 drilled about 300 ft southeast of L.H. 85-2 intersected a wi…
Higher gold prices and increased production are the main reasons behind the positive financial statements posted by Pegasus Gold Corp. in the latest 9-month period. The company realized a net profit o…
and New Horizon Manufacturing. The deal, if completed, will result in control of Covington passing to New Horizon. In return for paying New Horizon 4.4 million shares, which is equivalent to 81.1% of …
The U.S. Environmental Protection Agency says it is revising the studies on which its original proposal to ban the mining and use of asbestos was based. But the cost of the studies and the time requir…
A mining feasibility study is being prepared for Black Swan Mines’ Gabanintha project in Western Australia with a view to putting it into production by mid-1987. Arthur T. Fisher, president, says the …
The glint of platinum has caught the eye of Heenan Senlac Resources. The junior company has acquired two claim groups in the Lac des Iles area, north of Thunder Bay, Ont. Lac des Iles has become a pr…
Matona Resources and has been renamed Card Lake Resources. The outstanding capital is 2,535,207 common shares. As part of the amalgamation, the shares of Card Lake Copper were consolidated on a one-fo…
Contrary to an article in the Nov 3 issue of The Northern Miner concerning Total Erickson Resources and the Dome Mountain precious metals property in B.C., Noranda Exploration did not set up a numbere…
A new gold-bearing zone has been discovered on its Garrison Twp. gold property in northeastern Ontario, reports Silverside Resources. And on its Cobalt silver property work is continuing toward an ear…
A joint venture has been formed by United Reef Petroleum and Canhorn Mining Corp. to further explore the latter’s Baird Twp. property in the Red lake area of Ontario. Under the terms of the agreement,…
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