U.S. REPORT Hemlock options Nevada gold bet
Golden Hemlock Explorations (VSE) has signed a letter of intent to earn a 50% interest in Golden Quail Resources (VSE) gold property in San Bernadino Cty., Calif., 60 miles south of Las Vegas, Nev. He…
Golden Hemlock Explorations (VSE) has signed a letter of intent to earn a 50% interest in Golden Quail Resources (VSE) gold property in San Bernadino Cty., Calif., 60 miles south of Las Vegas, Nev. He…
Projected exploration expenditures in Manitoba in 1990 are expected to be slightly lower than the estimated $40 million spent in 1989. Claim staking in 1990 was down 30% as compared with 1989 but more…
After a successful exploration program in 1990, Columbia Gold Mines (VSE) plans to spend about $1 million on the Spectrum property in northwestern British Columbia during the coming season. Columbia i…
Toronto-based Rio Algom (TSE) is spending about $20 million this year as part of an aggressive exploration effort to locate new base metal and gold deposits in Canada, says Exploration Vice-President …
With the Feb. 27, 1991, unofficial start-up of its 100%-owned Van Stone zinc mine in Washington State, Vancouver-based Equinox Resources (TSE) is rapidly evolving into a top-class mine developer. The …
Partners VSM Exploration (TSE) and Serem-Quebec expect to have a few surprises in store when they table results of a pre-feasibility study at the Grevet Twp. base metals project near Quevillon, Que. W…
Junior Moneta Porcupine Mines (TSE) is starting 1991 with the acquisition of the Lik zinc deposit in northwestern Alaska and full financing of all its major Timmins-based exploration projects through …
Toronto-based gold miner Sonora Gold (TSE) was forced to break out the red ink again in 1990 after declaring a $17.4-million writedown on its investment in the Jamestown mine in California. Sorona, wh…
TEXT: Local mining analysts are not expecting 1991 to be a banner year for exploration in British Columbia. The general economic downturn, the gutted flow-through financing mechanism, bearish equity …
Continuing exploration on the Goldex Extension (GE) zone near Val d’Or, Que., has extended the strike length of gold mineralization on the property by an additional 400 ft. The Goldex Extension projec…
The corporate strategy of NovaGold Resources (TSE), based in Halifax, N.S., is to become a “vertically integrated major mining company,” says company Comptroller Glenn Holmes, and “a world leader in t…
A union dispute at the Cassiar mine in northern British Columbia has been resolved by the ratification of a 2-year agreement by the mine’s 330 union employees. The mine is owned and managed by a unit …
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