INSIDE `Golden Triangle’ plans exploration
Exploration may be losing steam in some parts of Canada, but in northwestern British Columbia’s rugged and remote `Golden Triangle’ area some $100 million is earmarked for exploration and development …
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NovaGold takes charge over Etruscan assets
In a share swap agreement, NovaGold Resources (TSE) has gained control of Etruscan Enterprises (VSE). Offering one Novagold share for every 1.2 Etruscan shares, NovaGold acquired 71% of Etruscan and s…
Corona plans work at William’s property
Corona (TSE) has signed a letter of intent to earn a 51% interest in William Resources’ (ME) Vauquelin property, 35 km east of Val d’Or. To earn the interest, Corona will have to spend $500,000 on exp…
Prime group pathfinder in B.C.’s Golden Triangle (June 18, 1990)
Exploration may be losing steam in some parts of Canada, but not so in the emerging Stikine Arch camp of northwestern British Columbia. Dubbed “Canada’s Golden Triangle” by brokers, this rugged and re…
Gold discovery sparks interest in Harker-Holloway camp (June 18, 1990)
In northeastern Ontario, one of this summer’s biggest drilling campaigns for gold is being conducted by partners Noranda (TSE) and Freewest Resources (ME) at their Harker-Holloway project near Matheso…
Field trip to Chile a success
A recent 17- day field trip to Chile hosted by the Geological Association of Canada has allowed Canadian explorationists the opportunity to make comparisons of Chilean copper and gold deposits to thos…
Corona secures ground near Nickel Plate mine
In a complex series of transactions, Corona (TSE) has secured ownership of claims it considers strategic to the operation and longevity of its Nickel Plate gold mine near Hedley, B.C. Based on a recen…
Starrex maintains strong cash position
Last year’s closure of the Star Lake gold mine in northern Saskatchewan was reflected in the 1989 financial results of Starrex Mining (TSE). The company, which holds a 35% interest in the Star Lake mi…
Proxy fight at Goldcorp
A proxy fight is brewing at Goldcorp Investments, where Robert Simon and James McCartney are asking holders of the company’s A shares to appoint one of them as a proxy representative at the Goldcorp a…
Juniors trying to develop industrial mineral deposits (June 18, 1990)
It may not garner as much news coverage as the exploration for precious and base metal deposits, but the search for industrial minerals is a serious undertaking of more than a few mining companies. Te…
Terra board shuffle, part of revival plan
As part of an attempt to recover from a $7.9-million loss in 1989 and a writedown in the value of a Mexican affiliate, Edmonton-based Terra Mines (TSE) recently announced some boardroom changes. Forme…
Northwestern B.C.’s pioneer mines finding the going rough (June 18, 1990)
Pioneering mine operators are finding it rough going in the area north of Stewart, B.C., paralleling the border between British Columbia and Alaska and including the Stikine Arch. They hope that the c…