With only about 80,000 tons remaining in two deposits, the Supercrest gold mine couldn’t be described as one of the Northwest Territories’ larger operations. A joint venture project involving Akaitcho…
A surface and underground exploration program costing an estimated $7.5 million is being undertaken this year on the Goldboro property in Nova Scotia by Orex Exploration (ME) and Onitap Resources (TSE…
In a deal that involves $6 million in cash and $14.8 million in shares, Breakwater Resources (TSE) will become the largest corporate shareholder in Noramco Mining (TSE). Howard Gougeon, vice-president…
Operating cash flow for Equinox Resources for the six months ended April 30 was $605,000 or 14} per share. Total exploration and capital expenditures were $2.9 million of which $402,000 was expended o…
Calgary-based Mohave Gold (ASE) recently poured the first 7-lb gold/silver dore bar from a tailings project at Eldorado Canyon mine in Nevada where the company is bidding against Homestake Mining for …
The Vancouver market has finally come down to earth after Huntington Resources reported a spectacular drill intersection (N.M., June 13/88) grading 2.0 oz gold over 235 ft. After reaching a high of $5…
Glencairn Explorations (ASE) has received encouraging results from a diamond exploration program in Brazil. The company is funding a $213,000(US) exploration effort on the Feijao Cru placer diamond pr…
Better market showing A volatile gold price notwithstanding, the market continued to strengthen this past week, with both the market portfolio and mining and minerals index registering sizable gains (…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date June 14 June 13 June 10 June 9 June 8 Copper 1376-1380 1430-1432 1555-1560 1525-1540 1480-1…
Gearing up for gold production in Ghana, West Africa, during the latter part of 1989, Canadian junior- mining firm Sikaman Gold Resources (TSE) has started to look farther afield for new, and differen…
Three anomalous gold zones have been discovered by Bitech Energy Resourecs (ASE) on the company’s Bett’s Cove property in Newfoundland. The 64-claim property is located on the Baie Verte peninsula adj…
Toronto-based Melrose Resources (VSE) says exploration is about to begin at the Blackstock Twp. property near Timmins, Ont., where the company is joint venturing with Placer-Dome Inc. (TSE). After spe…
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