By mid-1989, Viceroy Resource Corp. (TSE) expects to receive the final permits to begin construction of a 8,000- ton-per-day heap leach operation on its 100%-owned Castle Mountain property in San Bern…
The editorial “Mining a poor cousin in New Brunswick” (N.M., Dec 12/88) unjustly criticizes the level of funding provided by the New Brunswick Department of Natural Resources and Energy for exploratio…
The U.S. investment banking firm of Drexel Burnham Lambert Inc. is to be the underwriter of a proposed $50 million(US) offering by Galactic Resources (TSE). The company’s wholly-owned subsidiary, Gala…
When John C. White was still at the lower levels of the pecking order at the Madsen Red Lake mine in the late 1950s, he and veteran geologist Doc Bishop would occasionally meet in the mine staff house…
Monique Exploration (ME) reports it has pulled off the market its prospectus for flow-through financing worth $1,266,000. Monique, formerly Monicor Exploration, planned to use the funds for exploratio…
Initial results from a sampling program on the Timmins graphite property were released by joint venture partners, Black Hawk Mining (TSE) and Lodi Metals (VSE). The samples were taken from two trenche…
Last March, Hudson Bay Mining & Smelting dealt a 49% interest in the Callinan deposit, just north of Flin Flon, Man., to Manitoba Mineral Resources in return for $9.7 million to be spent developing th…
Surface work to delineate drill targets is planned to start early next year on the Brinklow Occurrence, a gold prospect recently acquired by Perimeter Ventures (VSE) near Longlac, Ont. The company sai…
Two members of the Ariel mining group of Quebec, Mimiska Mining (ME) and Sphinx Mining (ME), have arranged for the issuance of 729,287 shares in a deal with CMP Resource Partnership and Co. Ltd. and C…
Energy, Mines and Resources Canada estimates that Canada’s copper production will begin to fall off sharply in about five years, unless a whopping new find is unearthed very soon. Writing in the Septe…
Significant gold, copper and silver mineralization was intersected in recent drilling on the Texada Island project near Vancouver, B.C., a joint venture involving Freeport McMoRan Gold (NYSE) and Vana…
Glimmer Resources (VSE) and Master Gold did not sign a farm-in agreement before the Dec 12 deadline as intended. Glimmer is continuing negotiations and is actively seeking participation which will ens…
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