Dickenson acquires Goldquest shares
Dickenson Mines (TSE) has completed the acquisition of Cambior Inc.’s (TSE) 34% interest in the Arthur W. White mine located near Red Lake, Ont., for $52 million, subject to adjustments for working ca…
News
Normetal completes six holes at Bassignac
A 6-hole drill program has been completed by Normetal Mining Exploration (ME) at its Bassignac property in Destor Twp., in northwestern Quebec. Four holes intercepted gold values, the company reports….
Drilling resumes at Eastmain
Diamond drilling has been resumed on Eastmain Resources’ (TSE) joint venture projects with partners Westmin Resources (TSE) and MSV Resources (ME) in the Eastmain River area of northwestern Quebec. Th…
Rumors of Asamera unrest
Rumors of unrest within the hierarchy of Asamera Inc. (TSE) and its minerals subsidiary are apparently not unfounded. Bruce Kennedy, Asamera Minerals’ dynamic ex-president, has left and several other …
Euro-Nevada’s Hasbrouck property dealt to FMC
Royalty specialist Euro-Nevada Mining (TSE) has granted to FMC Gold, an option to buy its Hasbrouck Mountain Gold property near Tonopah, Nev., for $2.39 million(US), the company said recently. Under t…
Editorial Percy Finlay – a special breed
The mining industry has certainly lost a friend and one of its most respected spokesmen with the passing of “Percy” Finlay. We here at The Miner knew him well over the years, not so much as a top la…
Better calculation yields higher grade
Resources (VSE) has established a higher grade reserve at its Mount Washington property on Vancouver Island. A new calculation shows 472,000 tons averaging 0.26 oz gold and 1.3 oz silver. A minimum 6-…
Win-Eldrich aims for early production Nevada gold project
If results of the feasibility testing now under way prove satisfactory, Win-Eldrich Mines (TSE) could be seeing heap leach production from its Ashdown gold project in Nevada as early as mid-1989, Rube…
Development by Denison to hit into Canuc ground
Development headings being driven by Denison Mines (TSE) are expected to enter into ground controlled by Canuc Resources (TSE) by year-end, shareholders learned at the company’s annual meeting. Alan S…
Vancouver Stock Exchange New listings trade heavily on
With interest rates trending higher and gold slipping below $440 (US), many investors are staying on the sidelines until some positive news emerges. Brokerage month-end has compounded matters further …
Statement of defence awaited in Scintilore claims lawsuit
A statement of defence in a lawsuit launched in the Supreme Court of Ontario last year by Scintilore Explorations (TSE), dealing with the staking of mining claims at the Hemlo gold camp in northern On…
Belmoral boosts Canreos holding
Shareholders of VSE-listed Canreos Minerals (1980) approved the issuance of about 4.6 million shares to Belmoral Mines (TSE), the companies report. A debenture worth $1.45 million was converted into 2…