Two new mines on track for Greenstone
In addition to its Oronorte mine, now producing in Colombia, Greenstone Resources (TSE) expects to have another two Latin American gold mines up and running by year-end. Indeed, the first gold has alr…
In addition to its Oronorte mine, now producing in Colombia, Greenstone Resources (TSE) expects to have another two Latin American gold mines up and running by year-end. Indeed, the first gold has alr…
Underground diamond drilling is under way at the S.B. gold property near Stewart, B.C. Partners Tenajon Resources (VSE) and Westmin Resources (TSE) recently completed an underground development progra…
Montreal-listed Societe Miniere Ecudor will acquire the past-producing McWatters gold mine near Rouyn-Noranda, Que. From 1933 to 1944, the mine yielded 368,000 tons of ore averaging 0.31 oz. gold per …
A second phase of development work is being carried out at the Beta Vargas gold property in Costa Rica. Lyon Lake Mines (ME) says the work will include trenching of the known orebody, which contains p…
Additional drill results are expanding the Horseshoe zone at the Damoti Lake property, 120 miles northwest of Yellowknife, N.W.T. Consolidated Ramrod Gold (TSE) is earning a 51% interest in the proper…
An aggressive drilling program by Adrian Resources (TSE) is under way on the company’s land package in Panama. Results are expected shortly for 19 holes drilled to date, totaling 3,500 metres. The Pet…
A $72-million development program on Inco’s (TSE) high-grade Victor copper-nickel deposit near Sudbury, Ont., is under way. The program, scheduled for completion over the next three years, will includ…
Exploration drilling at the Golden Bear property in northwestern British Columbia continues to return encouraging results for owner North American Metals (VSE). Hole 266 on the Ursa zone returned a 95…
An evaluation of the Secret Pass gold deposit near Beatty, Nev., calls for development of an open-pit, heap-leach mine, The deposit is part of the Daisy property, which is owned 75% by Rayrock Yellowk…
A 28,000-ft. drill program consisting of 99 diamond drill and reverse circulation holes was completed by USMX (TSE) on its Dewey gold deposit at Thunder Mountain, Idaho. The program was successful in …
Mining has a bright future in Canada, but only if the right steps are taken to support the industry at this crucial time, says Michael Hitch, a geologist with Vancouver-based Teck. One major concern i…
Plans are under way to build Alberta’s first coal mine since 1982. The Cheviot project will be developed at a former mine site south of Hinton at a projected cost of $250 million. Cardinal River Coals…
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