Latest Calpine holes includes best grade yet
Three more holes have been reported by Calpine Resources (VSE) from its Eskay Creek project in northern British Columbia, one of which was the highest over-all grade to date. Consolidated Stikine Silv…
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EMR trying to improve the quality of life for Canadians
Not so long ago our sole pre- occupation was the survival of the mining industry. We’ve come a long way. The industry is now financially sound and can join with government in turning its attention to …
Suntac resumes drill at Polaris Taku
A second phase program consisting of surface drilling and further underground rehabilitation operated by Suntac Minerals Corp. (VSE) is about to begin on the Polaris Taku property in the Tulsequah Riv…
Skyline Seeks to Form Joint Venture with Senior Mining Company
Still smarting financially from start-up problems and production shortfalls at its 100%-owned Johnny Mountain mine, Skyline Gold Corp. (TSE) is looking to form a joint venture with a senior mining com…
Vista to process Laurel Lake ore
Ore from the Laurel Lake gold- silver mine near Creighton, Sask., will be processed at the Bootleg Lake mill of Vista Mines (TSE). Vista reports agreement has been reached for the milling of 9,000 ton…
Dickenson, Kam-Kotia shares at centre of legal dispute
Two blocks of shares in Dickenson Mines (TSE) and Kam-Kotia Mines (TSE), the companies involved in a takeover bid by Corona Corp., have become the centre of a legal dispute. The shares in question — …
Noble Peak, BHP-Utah reach agreement
Agreement-in-principle has been reached between BHP-Utah International and Noble Peak Resources (ASE) whereby the latter will purchase all of the remaining rights and interests of BHP-Utah in the Cryp…
Queen’s University to administer mining research organization of
The Mining Research Organization of Canada (MIROC) and Queen’s University have entered into an agreement whereby, effective immediately, the administration of MIROC will be performed by the department…
Pegasus merger deal with USMX collapses
Merger negotiations have been terminated between Pegasus Gold (TSE) and USMX Inc. (NASDAQ). The decision to terminate was made by the latter which cited “new developments . . . the potential ramificat…
TerraGold to explore Newfoundland claims
Following the completion of a preliminary prospectus, a new company called TerraGold Resources is gearing up to explore five mineral properties in Newfoundland and another in New Brunswick. TerraGold,…
Diana Resources
Diana Resources (VSE) announces a 7,000 ft drill program which will begin shortly on its 82 claim Obatogamau gold property in the Chibougamau area of Quebec. Two surface gold showings will be tested, …
North American, Dundee buy Kennco’s Vszza Twp. interests
The joint-venture team of North American Rare Metals (ME) and Dundee-Palliser Resources (TSE) has now finalized an agreement with Kennco Explorations to purchase all of that firm’s rights and interest…