Agreement has been reached between Belmoral Mines of Toronto and Roddy Resources of Vancouver whereby Belmoral may acquire up to a 51% interest in Roddy, which operates a heap leach gold mine in Arizo…
There’s a fellow in the U.S. who has staked mining claims on Mars. Putting aside the question of under what jurisdiction those claims would be filed, in Canada a basic tenet of gaining mineral rights …
It was a big week for senior issues on the Montreal Exchange, but probably not one they would like to remember. Most suffered price declines ranging from marginal to major. Placer Dome was the most ac…
In the nick of time, Neptune Resources of Toronto has lined up the $10 million it needs to bring equipment and supplies over an ice road to its isolated Colomac property at Indin Lake north of Yellowk…
A report and map providing comprehensive coverage of the nature and distribution of recently formed metallic mineral deposits on the deep seabed have been released by the Geological Survey of Canada. …
For the first nine months of Cominco Resources International’s 76.4% ownership of the Buckhorn gold mine in Nevada, its share of income from the heap leaching operation was $5.3 million. The company’s…
Drilling by Ego Resources on the West Main property near Wawa, Ont., has encountered erratic gold values. Grades ranged from 1.2 oz gold per ton across one ft to 0.12 oz in a 19-ft section. Assaying o…
The Vancouver Stock Exchange has taken exception to statements made by Rex Silver Mines about its Scoria property in northern Arizona. The vse has refused to accept filings or disclosures from any lis…
Joint venture partners Overseas Platinum and Wright Engineers have acquired the Las Playas gold-platinum placer prospect in Ecuador. The property was purchased for 100,000 shares and a commitment to s…
Pegasus Gold, which pioneered many aspects of heap leaching in the United States, has decided not to participate in the Zaca gold property of Cali fornia Gold Mines. The pullout appears to be a major …
Valentine Gold Corp. has acquired a gold prospect in Gila Cty., Ariz. The terms of the acquisition include a payment of $20,000 and explora tion expenditures of $125,000 over an 18-month period. Gold …
A new mineralized zone has been discovered in latest drilling by Pacific Minesearch on its Howie gold project near Charlotte, N.C. The 16,000-ft drill program has concentrated on delineating reserves …
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