Borealis Exploration owns a substantial interest in both Noble Peak Resources and Faraway Gold Mines. Much has been happening with Borealis, although it appears to never receive any mention in your ne…
Placer Dome Inc. has fully exercised its option to earn a 60% working interest in Melrose Resources’ Blackstock Twp., property 30 miles southeast of Timmins, Ont., Melrose announced recently. So far, …
Drilling by partners Canamax Resources and Pacific Trans-Ocean Resources on their equally held Ketza River property in the Yukon, has encountered high-grade mineralization from an oxidized unit in the…
A steering committee has been established to consider the viability of creating a Mining Hall of Fame. Represented on the committee will be the Mining Association of Canada, the Prospectors and Develo…
Just when the first vestiges of a rally appeared to be emerging, the sheer nervousness of the market stopped the fledgling advance dead in its tracks. The New Year’s four- day rally, which saw 110 pts…
Neptune Resources has completed a $2-million flow-through share financing which will fund the “immediate development on Neptune’s Colomac project,” in the Northwest Territories. The company is proceed…
Glimmer Resources (gme:vse) has signed a letter of agreement with Canamax Resources to explore its 132-claim property in Barnet Twp., Kirkland Lake mining district, Ontario. The company’s new gold fin…
Terramar Resource Corp. has agreed to purchase Mount Gaines Resources, a California company whose principal asset is the old Mount Gains gold mine in California. Between 1853 and 1949, the mine produc…
Diamond drilling is expected to get under way this month on the recently acquired gold property of Frankfield Explorations in the Pickle Lake area of northwestern Ontario, President O. F. Carter tells…
Under the terms of the joint venture agreement between McChip Resources and Noranda Exploration, a successful exploration program costing approximately $400,000 was carried out during the latter part …
Eight drill targets have been outlined by a $200,000 geological, geochemical and geophysical program carried out by Esso Minerals Canada on the Aimee gold prospect near Flin Flon, Man. These targets a…
Drilling of 23 holes by International Curator Resources has indicated an encouraging reserve picture on its Jualin gold prospect near Juneau, Alaska. The 15,000 ft of drilling indicates probable reser…
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