Tusk Minerals reports that a diamond drilling program, involving approximately 2,200 ft of drilling will commence as soon as possible on its Old Cabin gold prospect northeast of Wawa in Jacobsen Twp.,…
A good deal of religious fervor, including site visitations by priests, was practised by management in an effort to coax profitability from the Theresa gold mine in the early 1950s. The effort was for…
The Mishibishu Lake joint venture plans to spend $29 million during the next year to develop and put into production a 600-ton-per- day gold mine and mill operation on the Magnacon property about 32 m…
More results have been released by Noranda Exploration from the Grew Creek discovery of Golden Nevada Resources 25 miles southeast of Faro, Yukon. The deposit has been tested for a strike length of ap…
A Rouyn-Noranda, Que., junior mining company, La Sarre Mining Exploration, was recently listed for trading on the Montreal Exchange (symbol lsa). La Sarre was incorporated in August, 1986. It has inte…
Earnings of $6.9 million (69 cents per share) for 1987 were recorded by Rayrock Yellowknife Resources, compared with $2.7 million (28 cents per share), after unusual charges of $2.1 million, in 1986….
Nevada geologists refer to it as the unknown factor in the business of mining gold reserves. In the wake of one thunderous splash, it can put a damper on even the most sophisticated mining plan, or at…
A new royalty agreement has been signed by partners in the Buckhorn heap leach gold mine in Nevada. The agreement clarifies the recovery by Cominco Resources International (76% interest) and Equinox R…
Glen Auden Resources has signed an option deal with Ventex Energy Ltd., giving the former company the right to acquire a 50% interest in a 156-claim property near Atikokan, Ont. Glen Auden can earn th…
After losing Northfield Capital Corp. in the Oct 19 market debacle, Queenston Gold Mines has found a new partner to assist in developing the promising Kirkland West gold property, near Kirkland Lake, …
Low-sulphur thermal coal from British Columbia, Alberta and Saskatchewan could compete in the Ontario market without government subsidies, according to members of the Coal Association of Canada (cac)….
727547 Ontario Ltd., Dwight A. Fowler (as trustee) and Prairie Pacific Energy Corp. have entered into an agreement pursuant to which 727547 and Fowler will acquire from Prairie Pacific: * 550,000 comm…
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