Assays from a further five holes were released by Athabaska Gold Resources (VSE) from recent drilling on the Nicholas Lake gold property located 60 miles north of Yellowknife, N.W.T. The company has e…
Based on data from 1988 surface and underground drill programs, partners Tenajon Resources (VSE) and Esso Minerals Canada have reported geological reserves for the SB property north of Stewart, B.C. I…
Goldpost Resources (TSE) says the first hole of a four hole drill program on the west zone of the Hislop East property east of Timmins, Ont., has intersected 0.43 oz gold per ton across 42.2 ft from a…
Your recent review of the re- opening of the Bunker Hill mine (N.M., Feb 27/89) implies that we are operating with only one year of proven reserves. I believe that your estimate of our proven reserve …
Uncertainty is probably the best word to describe the mood as exploration companies enter what is traditionally the most active season of the year. Everyone in the industry has had it pretty good for …
The big news this year for the Stewart-Sulphurets region in northwestern British Columbia will be the official opening this spring of the 2,200-ton-per- day Premier Gold mine, a venture involving West…
If predictions by partnership fund management officers for 1989 are to be believed, flow-through financing, which appears to have had a watershed year in 1987, is in for a rough ride. “Disaster,” Barr…
Despite a substantial improvement in gold production and revenue from sales, Granges Exploration (TSE) reported a loss of $13.5 million or .61 cents per share for 1988, compared to net earnings of $1…
The main events in the discovery and staking of what was known as the Big Z that led to the hectic Blind River uranium boom of the 1950s have been well documented. But there were some others that both…
From a financial point of view, 1988 wasn’t a good year for Total Energold Corp. (TSE). The company’s net loss of $47.2 million was almost seven times the previous year’s total. But at a recent press …
A larger crushing unit to boost mill throughput from 400 tons of ore per day to 500 tons will be installed at the Magino gold mine in northeastern Ontario, Muscocho Explorations (TSE) and McNellen Res…
Encouraging results have been reported by Gamsan Resources (ASE) from a recent drill program on the company’s Brabant Lake polymetallic property in northern Saskatchewan. Brabant Lake is located 90 mi…
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