Inco in France
Inco Ltd. (TSE) has signed an agreement which will lead to gold exploration in France. The deal is with Pierre Nicolini, a professor, and Michel Quint, who have formed a company named Cevenor S.A. Inc…
News
Brenda illustrates problem of dwindling reserves ..Second in a
Because of the limited remaining life of Brenda’s big, low grade, open pit copper- molybdenum operation in British Columbia’s Okanagan Valley, Mine Manager Emile Brokx is probably more conscious of th…
Partners pull good holes on Equinox properties
Drilling by Cominco Resources International (TSE) and LAC Minerals (TSE) intersected gold mineralization on two separate Nevada properties where Equinox Resources (TSE) is owner or joint venture partn…
Goldpost nears production, despite shareholder doubts
Even though Goldpost Resources (TSE) is planning to produce 8,000 oz gold this year from its wholly- owned Hislop West zone near Timmins, Ont., at least one shareholder is unhappy with the company’s p…
Uruguay bet yields strong gold values
High grade gold values have been reported from grab samples on a property in southern Uruguay owned by Big Pony Gold (OTC) of Salt Lake City, Utah. Reconnaissance rock samples from the North Palacio a…
Agreements signed in Barrack, City deal
An agreement that will result in City Resources Canada (TSE) being acquired 54.1% by a subsidiary of Barrack Mines of Australia has been signed by all parties. Through its subsidiary, Barrack will pur…
Inel Resources to start $1-million program
A 3-phase program to include underground drilling and development is about to begin on the Inel gold property in northwestern British Columbia. Inel Resources (VSE) owns 50% of the property but can in…
Continental Precious Minerals to bulk sample Arkansas diamond
Continental Precious Minerals (ME) of Toronto is ready to begin work on its diamond claims in Arkansas after receiving financial backing for an initial bulk sample test. After arduous negotiations wit…
Production milestone at Republic gold mine
One of the highest grade ore deposits ever discovered at Hecla Mining Company’s (NYSE) Republic gold mine in Washington State was found 24 hours before the mine was to shut down in 1984. Since that ti…
Letters to the Editor Dome mine misplaced
I read with interest in today’s issue about the Dona Lake mine opening in Pickle Lake, Ont., Placer Dome’s third mine in the province. The article places the Dome mine in Schumacher and does not menti…
Midland to change name as Chile results tabled
Minera Rayrock Inc. (VSE), which was known until recently as Midland Gold Corp. is close to completing a four-for-one share consolidation designed to increase the company’s chances of raising explorat…
Durga to buy mill
A letter of intent has been signed between Durga Resources (ASE) and a U.S. company giving Durga the right to buy a 100% interest in a 250-ton-per-day flotation mill in Nevada. The deal also includes …