Throughout Canada, few mineral deposits were successfully developed in the past two years. New Brunswick’s Bathurst camp, however, boasts two profitable new mines. Since they started or resumed operat…
Recent drilling by Westmin Resources (TSE) at its Myra Falls operation near Campbell River, B.C., returned a massive sulphide intersection in a gap area between the Ridge and H-W zones. The Myra Falls…
Gold funds as of May 7 BGR Central Net Value $8.67 $4.99 Price $7.50 $4.550 Discount 13.49% 8.8% Value $51,622,490 $76,55…
News that Willingdon Resources will resume drilling at its Sioux Narrows property near Kenora, Ont., generated a flurry of trading activity. More than 1.2 million shares changed hands for the week end…
Brican Resources Ltd. (BRI:VSE) has changed its name to International Brican Resources Ltd. (IBR:VSE) with a consolidation of capital of one new share for three old shares. The transfer agent is Montr…
Val d’Or, Que.-based Minorca Resources (VSE) has intersected a wide sulphide zone on its Nicobi Lake base metal property in Le Tac Twp., Que. Although assays are pending, the company says the zone, me…
The Quebec government has decided to extend, for another two years, special flow-through-share tax incentives related to exploration work incurred by mining companies in the province. Finance Minister…
Two associated juniors, U.S. Precious Metals (NASDAQ) and Centurion Gold (NASDAQ), reported encouraging exploration results from their respective gold projects in Nevada and California. The companies…
A 10,000-ft. drill program will begin in late May on the Nucleus-Revenue porphyry copper-gold prospect in south-central Yukon. This prospect is one of at least two porphyry targets within the 15-mile-…
Growing concern that a “double dip” recession could force share prices below their current trading levels kept investors on the sidelines during the period ended May 7. A leading Toronto analyst, who…
Increased revenue and gold production were reported by Cambior (TSE) for the first quarter of 1991. Revenue jumped by 33% to $36.3 million while output rose to 62,105 oz. compared with 39,582 oz. for …
The Colomac gold mine will be placed on care and maintenance late next month when remaining fuel supplies finally run out, shareholders were told at Northgate Exploration’s (TSE) recent annual meeting…
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