News

Drilling on the No 5 diorite plug on Teck Corp.’s Lamaque gold property near Val d’Or, Que., is yielding encouraging values. Tundra Gold Mines, which has the right to earn a 50% interest in a portion …

Wednesday close, Nov 5 The golds were behind the wheel and helped steer the market out of last week’s doldrums. Over the week, the gold and silver index made a gain of over 200 pts to settle at 5,211….

After enjoying the fruits of success Down Under, another Australian mining group has set its acquisitive gaze on other lands — namely North America. Golconda N.L., which is currently producing approx…

A $250,000 exploration program is under way by Marker Resources on itst recently-acquired gold properties in the Flin Flon area of Manitoba, President Gordon Barron tells The Northern Miner. The two p…

Noranda Minerals has declared force majeure on shipments from its Horne smelter at Rouyn, Que., after unionized workers went on strike Nov 5. The employees had given the CNTU a mandate to strike after…

A prospecting program on the Berven Lake claims held under option by Troymin Resources has led to the discovery of four subeconomic zones of gold mineralization, the company says. Located 100 km north…

Rumors that a deal has been struck between Ontex Resources, Metalore Resources and Hudson Bay Gold Inc., concerning the Brookbank gold property near Beardmore, Ont., have been discounted by Ontex Pres…

MINING IN CANADA, Facts and Figures, published by the Mining Association of Canada, Suite 809, 350 Sparks St, Ottawa, Ont. K1R7S8 This year’s Facts and Figures booklet from the Association has changed…

Underground drifting is proceeding on schedule at Gunsteel Resource s’ Nugget gold property near Salmo, B.C. The work is focussing on the Calhoun vein which it says could be a continuation of the Nugg…

So you’re barrelling along the 401 highway out of Toronto, and you w ant to know what Hoochy Poochy Mines is doing on the Toronto Stock Exchange. Simple. From the plushy depths of your seat at the r…

Deep drilling completed by Rouyn Mining Resources on the optioned Francoeur property near Rouyn, Que., has enabled the company to increase drill-indicated reserves to 962,545 tons grading 0.2 oz gold …

A drill program has been extended by partners American Barrick Resources and Lenora Explorations on their joint ventured gold property in Holloway Twp., north of Kirkland Lake, Ont. The property is be…