Reclamation fund to cover costs
Mining operations at Faro, Y.T., date back to the late 1960s, and, as a result, a significant amount of tailings and waste dump material has accumulated.Drainage water within the disturbed area is cur…
News
Greater Lenora delays feasibility
A feasibility study on the Box and Athona properties of Greater Lenora Resources (TSE) has been delayed so that consulting firm H.A. Simons can include the results of recent drilling.Current proven an…
Exploration planned at Gold Eagle mine
Exploration progress in the Red Lake camp of Ontario has encouraged Canadian Golden Dragon Resources (VSE) to enter into an agreement with Exall Resources (TSE) for a work program at the latter’s Gold…
Chesbar Res. and Corner Bay launch exploration programs
Two gold occurrences on the La Salle II concession in Bolivar state, Venezuela, will be drilled as part of a project managed by Chesbar Resources (ME).The company is amassing a land position in the st…
PEOPLE — AUDREY RES.
Robert Despres and Andre Fortier appointed directors.
Stock Markets — Base metal stocks rise in generally quiet market
The Toronto Stock Exchange moved in a very narrow range during the report week ended Aug. 23, and on comparatively little economic news. The TSE 300 composite finished the period at 4601.68, a gain of…
Sulphides intersected in Yukon
Drilling has encountered sulphide mineralization on the Foot property of Atna Resources (VSE), near Wolverine Lake in south-central Yukon.The property is 20 km east of, and in the same geological form…
Studies firm up Komis deposit
A feasibility study by project operator Waddy Lake Resources (TSE) and Kilborn Engineering is giving shape to the Komis gold deposit in northern Saskatchewan.The feasibility calculated proven and prob…
Jordex Resources opts to sell portion of Loma de Hierro
Joint-venture partners Jordex Resources (TSE) and Venezuelan company Corporacion Caracas have filed notice that they intend to sell a further 75% interest in the Loma de Hierro laterite nickel deposit…
Exploration by Wheaton River boosts tonnage at Ursa zone
The first phase of this year’s exploration work on the Golden Bear mine property in northwestern British Columbia is complete.Wheaton River Minerals (TSE), which controls the property through majority…
Minnesota Geologic Survey releases new field-mapping data
The Minnesota Geological Survey (MGS) has released a geologic map of the state’s east-central region at the scale of 1:100,000.The map is a product of recent field mapping, analysis of existing drill …
Kinross development program at Hoyle Pond boosts reserves
It’s hard work, and it doesn’t excite speculators, but diligent underground development has rewarded Kinross Gold (TSE) with a large body of minable ore at its Hoyle Pond gold mine in Timmins, Ont.Kin…