Legal proceedings have been launched by Teeshin Resources of Oakville, Ont., in the Supreme Court of British Columbia against five companies, all of whom are involved in the Dome Mountain gold-silver …
A bulk sample of 45,000 tons of stockpiled development muck from the Dubuisson Twp. gold property in northwestern Quebec will be tested this fall by Goldex Mines of Toronto. President Paul Penna told …
Inspiration Resources Corp. — Burton M. Joyce appointed executive vice-president.
Drilling by Seadrift International Exploration continues to intersect sulphide mineralization in the No 8 deposit. The project, known as the Aldermac, is located near Noranda, Que. Hole 5 intersected …
Runaway Resources has changed its name to Revere Resources Ltd. (rvl:vse) on a share-for-share basis.
Hayes Resources has received approval from the Toronto Stock Exchange to lower the conversion price of its 40 million Swiss franc convertible debentures. The conversion price will be lowered to $1.50 …
A $625,000 exploration budget has been earmarked by Esso Minerals Canada for the Sha gold-silver prospect of International Shasta Resources located in the Toodoggone area of British Columbia. The prog…
A 50-ft-long section grading 0.12 oz gold per ton was intersected on the Launay/Privat property located about 30 miles northeast of Rouyn- Noranda, Que., Messeguay Mines reports. The section was part …
Twelve additional claims have been staked by Swayze Resources in Butt Twp., near Burks Falls, Ont. The company, which is hoping to mine graphite from the property, originally staked five claims in the…
United Gunn Resources says that its share of earnings realized by Cuisson Lake Mines was $950,000 in 1987. Cuisson Lake, in which Gunn holds 30%, has a property which covers a part of the Granite Lake…
A former vice-president of the Toronto Stock Exchange (TSE), Huntly W. F. McKay, died recently. Born at Hemmingford, Que., McKay, 64, joined the TSE in 1963. He was vice-president markets and market d…
Veteran producer Cominco Ltd. marked its first year under new management by dramatically reversing a profit slide, reducing debt by half and planning four new mines. As reported earlier, earnings shot…
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