News

BHP-Utah to explore Carlin Gold’s Oregon prospect

Having established a substantial property position in southeastern Oregon, Carlin Gold (ASE) recently announced a joint venture agreement with BHP- Utah International to explore an epithermal gold pro…


Gold Pan drilling

A drill program costing US$215,000 is scheduled to begin this month on Gold Pan Resources’ (VSE) Battle Mountain property under option to Billiton Minerals in Ladner Cty., Nev. The 32-claim property a…


Antimony values

Noront Resources (VSE) reported earlier this year intersecting values of stibnite (antimony-bearing mineral) at the Beaver Lake property in central Newfoundland. The drilling was performed as part of …


Euro-Nevada warrants

Euro-Nevada Mining (TSE) has entered into an agreement with securities firms First Marathon Securities and Gordon Capital to issue one million special warrants at $13.50 per warrant. Each special warr…


Prime starts phase II

Despite the jockeying in the ivory towers of Bay and Howe streets for control of the rich Eskay Creek polymetallic deposit, the drills continue to churn at the property. Operator and 50% owner Prime R…



St Andrew on target with Stock Twp mine

Production is on target at the Stock Twp., Ont., gold mine of Toronto-based St Andrew Goldfields (TSE) despite recent drops in the price of gold which have taken a heavy toll on most junior mining com…


U.S.REPORT United Pacific Gold settles dispute

Former joint venture partners Golden Zone (VSE) and United Pacific Gold (VSE) recently agreed to settle a prolonged legal dispute relating to Golden Zone’s Alaskan gold property. Under the terms of th…


Muscocho seeks new financial backing

J.T. Flanagan, president of Muscocho Explorations (TSE), says efforts are continuing to secure alternative financial arrangements following the collapse of an earlier agreement with Echo Bay Mines whi…


COATS (over-the-counter) Drilling near Campbell

With the intention of finding extensions of the Campbell mine orebody, Craibbe-Fletcher Gold Mines has proposed an underground drilling program for 1991. Placer Dome has decided to clear out the 2,000…



Taylor purchases shares of Biron Bay Resources

Leonard Taylor, president and chief executive officer of Biron Bay Resources (ASE), says 664782 Ontario, a company of which he is a controlling shareholder, recently acquired 31,600 Biron Bay common s…


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