A 2,000-ft drill program on Hector Resources’ gold claims in the Iskut River area of northwestern B.C. has produced encouraging gold assays. Hector has a 100% interest in the claim group, which adjoin…
A large group of miners from Inco’s Frood mine in the Sudbury district of Ontario last week came up with the right number combination in the big Lotto 6/49 lottery, to win $1,600,000. The 58 people in…
A 14,000-ft diamond drill program has been started by Bitech Energy Resources on the company’s Tache Lake gold-zinc property near Chibougamau, Que. The program is designed to outline and confirm ore r…
Long suffering Carolin Mines shareholders saw some volume this week as 177,000 shares traded hands. The issue was unchanged at $1.70 after hitting a high of $1.80. Carolin owns a low grade gold deposi…
Production from Queenstake Resources’ placer mining operations in the Yukon doubled this year to l3,000 fine ounces of gold before royalties, President Gordon Gutrath reports. The production season in…
As Radcliffe Resources prepares to drill the fifth of a 10-hole program at its wholly-owned North Lake property 25 miles north of La Ronge, Sask., the company says it has encountered visible gold. Vic…
Higher gold prices and recent gains from investments boosted Placer Dome’s earnings for the first nine months of 1987 to $184.6 million or 35 cents per share, on revenues of $603.1 million. This is u…
Record earnings are reported by Pegasus Gold for the first nine months of 1987. Profits rose to $11,060,000 or 54 cents per share on sales of $70,394,000; up from $1,989,000 or 15 cents per share on …
Gold reserves at the Lawyers property have been almost doubled, project operator Cheni Gold Mines says. Located in the Toodoggone area of north central B.C., the property is being readied for producti…
Can you read anything of much significance to the mining industry in the fact that a miner’s lamp has helped start the Olympic torch on its long journey to Calgary, site next February of the 15th Wint…
Working to reach the feasibility stage at two U.S. gold projects next year, Panorama Resources reports encouraging results from its recent drilling programs. At the Spanish mine property near Nevada C…
Initial drill results have been received from Mahogany Minerals Resources’ Fork Lake project in the La Ronge area of northern Saskatchewan. Mahogany has a 19% carried interest in the discovery which i…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.