Although diamonds are by far the target of choice for most explorers in the Northwest Territories, several companies are investigating properties containing iron-formation-hosted gold mineralization. …
Development of the Louvicourt base metal deposit, near Val d’Or, Que., is proceeding as planned, with production expected to begin in July, 1994. “We are very pleased with the progress of the project …
Investors in Canadian stocks have been out in full force this year. The Toronto Stock Exchange in particular has been on a roll, setting records for value of trading, and daily, monthly and annual vol…
Uranium and its uses have been controversial since the metal was first put to military use in the 1940s. Commercial use followed in the 1950s. Like gold, a lot of uranium has been mined over the years…
A Boeing 234 Chinook helicopter was used in September and early October to help mobilize heavy mining equipment and supplies to two sites in the Lac de Gras area of the Northwest Territories. The Chin…
A Luxembourg holding company, Awake S.A., will exercise 828,008 warrants of William Resources (ME), entitling Awake to buy one common share of William for 26 cents. Awake will increase its stake in Wi…
An industrial minerals industry based on substantial brine deposits is unfolding in Alberta. Under investigation are potential deposits scattered throughout the province, five of which have been ident…
Having performed stripping and mapping, Gregor Goldfields (CDN) now plans to complete a 10,000-ft. drill program on its Marathon gold project. Surface samples from the 264-claim property, near Hemlo, …
Engineering-construction firm Bechtel reports that associations it has made in Mexico, Venezuela, Chile and Brazil have begun to bear fruit. Bill Friend, in charge of the company’s Latin America effor…
Diamond hunters in Saskatchewan and Manitoba may soon have a new target area if the latest Lithoprobe survey over the Trans-Hudson Orogenic belt confirms the presence of a new Archean-aged craton. Sei…
Results of drill core from the Sue and Sputnik pipes at the Yamba Lake property in the Northwest Territories have proved lacklustre. Owners Tanqueray Resources (ASE), Fibre-Klad Industries (ASE) and M…
The directors of Goldex Mines (TSE) are recommending shareholders vote in favor of amalgamating with parent company Agnico-Eagle Mines at a meeting to be held Dec. 7. Agnico (along with other related …
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