American Platinum
Assay results from a platinum exploration program have been received by American Platinum Inc. Drilling on the company’s property at Lac des Iles, north of Thunder Bay, Ont., has cut several wide sect…
News
Metal Mining earns $3 million in second quarter
After completing its first full quarter as the principal worldwide mining vehicle of West Germany- based Metallgesellschaft AG, Metall Mining Corp. said it has shown improvements in all aspects of its…
Market regulations, public protection
You know the grim smile that comes to your face when you hear the chilling words, “I’m from the government and I’m here to help you.” Well, because of the great wealth produced by world metals output,…
Northumberland to take another look at old mine
The decision to go underground once again in the Goldenville district of Nova Scotia — probably the first real boom gold camp in Canada, starting in 1860 — should be made late this month, according …
Westmin cuts 44 ft averaging 4 oz gold
Another spectacular drill hole has been reported from Westmin Resources’ Debbie property on Vancouver Island which falls under a joint venture agreement with Nexus Resource Corp. and Angle Resources. …
Newfields drilling Teck-Hughes property
Results from Newfields Minerals’ drilling program on the joint venture Teck- Hughes property in Kirkland Lake, Ont., are helping define new drill targets. Hole No 29 at a depth of 190 ft intersected a…
Calnor begins drilling Kenora gold prospect
A 3,000-ft drill program is under way on Calnor Resources’ High Lake gold prospect 25 miles west of Kenora in northwestern Ontario. Drill targets were located by a comprehensive trenching and sampling…
Black Monday threatens Queenston/Northfield deal
While Canadian gold stocks continue to recover from Black Monday, the Oct 19 stock market debacle is still playing havoc with the plans of some junior exploration companies. Toronto-based Northfield C…
Queenstake profits up
A record- breaking gold production year for Queenstake Resources boosted 9-month net profits to $196,942 on revenues of $4.3 million. This compares with a loss of $434,114 on revenues of $1.5 million …
Papers wanted for Calgary symposium
The faculty of continuing education at the University of Calgary and the Surface Mining Lab of the Canada Centre for Mineral & Energy Technology (canmet) are organizing an International Symposium on M…
Vancouver Stock Exchange Gold stampede could break out
Although some gold stocks have firmed up lately, the overall tone of the market here is decidedly neutral. Market confidence was badly shaken by the Oct 19 crash and investors probably have good reaso…
Alberta Stock Exchange Toprene Gold moves up
While volumes were generally low, a number of gold stocks posted substantial gains during trading this week. Torene Gold Exploration and Jascan Resources lead the way with 65 cents gains as gold price…