Drilling within the Samatosum mine area has intersected a new zone of gold mineralization. The Samatosum open pit silver-copper-zinc-lead-gold mine is near Adams Lake, B.C., and is 70% owned by Minn…
Former VSM Exploration (TSE) director Gilles Tremblay recently sold a considerable portion of his holdings in the 53.9% owned affiliate of gold miner Placer Dome (TSE). According to the Ontario Secur…
More than halfway through a 10,000-ft. underground program at the Paymaster gold mine project near Timmins, Ont., Placer Dome (TSE) and American Reserve Mining (ME) continue to intersect strong widths…
The price of silver, which in early June received a boost from a bullish report by The Silver Institute of Washington, D.C., continues to trade well in New York. Spot price of the precious metal on t…
Toronto-based Canmine Resources (CDN) has agreed to purchase the San Antonio silver property in the province of Chihuahua, Mexico. In exchange for 100,000 common Canmine shares and a 15% net profits r…
A wildcat hole designed to test for deep-seated base metal deposits is under way at Agnico-Eagle Mines’ (TSE) property in Coleman Twp., near Cobalt, Ont. Legacy Explorations (CDN), which is earning a…
A unit of Kennecott recently entered into a joint venture agreement allowing it to acquire a 51% working interest in the Lockwood massive sulphide project near Everett, Wash. The project is currently …
The first initial public offering by a junior mining company to be cleared by The Toronto Stock Exchange so far this year was revealed to the public during the week ended July 9. Shares of Wheaton Riv…
Ownership of the Kutcho Creek massive sulphide project is moving increasingly into the hands of American Reserve Mining (VSE). Situated near Dease Lake in northwestern British Columbia, Kutcho Creek i…
Already the owner of 36.7% of the outstanding shares of Goldnev Resources (VSE), Prime Equities (VSE) plans to acquire the balance under a recently announced takeover offer. Prime is offering Goldnev …
This year 11 Ontario universities will receive a total of $508,000 in provincial grants for 22 geoscience research projects, Mines Minister Gilles Pouliot has announced. The funding, about $500,000 e…
Shares of Wheaton River Minerals, the first junior mining company to be cleared for listing on The Toronto Stock Exchange this year, were expected to be up and trading July 16. Formed to acquire the f…
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