Colchis gears up for drilling at La Ronge
Joint venture partners Colchis Resources (VSE) and Pine Channel Gold (VSE) are completing preparations for a 6,500-ft. drilling program on their single claim in the La Ronge Belt of Saskatchewan. The …
Joint venture partners Colchis Resources (VSE) and Pine Channel Gold (VSE) are completing preparations for a 6,500-ft. drilling program on their single claim in the La Ronge Belt of Saskatchewan. The …
Net income for the second quarter ended June 30, for USMX (NASDAQ) was reported as US$176,000 or 1.3 cents per share on revenues of US$1.9 million. This compares to net earnings of US$609,000 or 4.4 c…
The high cost of reorganizing its corporate structure and bringing the Colomac gold project into production was reflected recently in Northgate Exploration’s second- quarter results. The Toronto-based…
Sancta Barbara is a personal statement of one man’s dedication to his profession, its history and spiritual dimension. A labor of love, it is author Jean-Paul Drolet’s “song of praise to ask the saint…
There is little doubt that Noranda Exploration has touched on something big at the Lynne project in Wisconsin. As the results from some of the most recent holes confirm, Noranda’s zinc discovery is no…
DICKENSON MINES Rolando Francisco appointed senior vice- president and chief financial officer.
A large gold- silver-copper mineralized system and several new gold showings were recently discovered by Avondale Resources (VSE) on its Forrest Kerr project north of Stewart, B.C. The discovery of th…
If Middle East tensions escalate to the point where gun fire is exchanged, investors who have been selling their gold assets to take advantage of recent price increases could move back into the market…
Since when is Matachewan near Timmins, Ont., in relation to mining concerns? It is within the Larder Lake mining division, and the Ministry of Northern Development & Mines Office overseeing the distri…
Toronto-based Joutel Resources (TSE) has raised nearly $711,500 from a recent shareholders’ rights offering which was fully subscribed for the maximum of 4.4 million units. Under the terms of the righ…
Despite higher revenues, Rayrock Yellowknife Resources (TSE) reported a 50% drop in second- quarter earnings this year. Net income for the three months ended June 30 was $1.65 million (16 cents per sh…
A decline in silver prices and lower gold and silver production reduced the net earnings of Coeur d’Alene Mines (NASDAQ) during its latest quarter ended June 30. The Idaho-based company reported net i…
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