Polaris gold zone extended
Recent drilling on the Polaris-Taku property in northwestern British Columbia has extended the strike length of the C vein about 350 ft. to the east at the 400-ft. level. Suntac Minerals (VSE) is earn…
Recent drilling on the Polaris-Taku property in northwestern British Columbia has extended the strike length of the C vein about 350 ft. to the east at the 400-ft. level. Suntac Minerals (VSE) is earn…
Production at the Crofoot/Lewis heap leach mine in Nevada reached a new record for the month of May with 10,109 oz. gold and 58,708 oz. silver produced. Hycroft Resources (VSE), owner of the mine, rep…
Richard Schwindt will have until Aug. 21 to finalize a report on resource compensation commissioned earlier this year by British Columbia Attorney General Colin Gabelmann. “Schwindt’s commission has g…
Unable to afford a lawyer to defend himself or his company against charges related to an October, 1990, tailings spill in northeastern Ontario, Matachewan Consolidated Mines (TSE) President Richard Mc…
The Goldstream underground copper mine near Revelstoke, B.C., is expected to show improved results over the coming year. In operation since its reactivation in May, 1991, the mine produced 21.6 millio…
Market developments involving nickel are causing mixed reactions. Cominco is preparing new facilities at its Glenbrook ferronickel plant in Oregon to receive nickel ore from New Caledonia and increase…
Shareholders, who were scheduled to vote on a proposed reorganization of Madeleine Mines (TSE) at the company’s annual meeting June 25, will have to wait until management has complied with U.S. securi…
Markets were mixed during the period ended June 16, but a bright spot was gold managing to edge above US$340 per oz. to finish at the US$342 level. The Vancouver Stock Exchange resource index closed u…
Norm Bonin appointed director and president.
The board of Placer Dome (TSE) is seeking a new president and chief executive officer to replace Tony Petrina who recently announced he will resign in mid-September. A mining engineer, Petrina rose th…
Ontario’s Mining Week, June 1-7, was overshadowed by the explosion at the Westray coal mine of Curragh Inc. in Nova Scotia that killed 26 miners a month earlier. The disaster focused attention on Onta…
A 170-metre stepout hole at Tri Origin Exploration’s (TSE) Lewis Ponds property in southeastern Australia has intersected a 20.5-metre interval with encouraging base and precious metal values. Hole TL…
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