Normetal completes six holes at Bassignac
A 6-hole drill program has been completed by Normetal Mining Exploration (ME) at its Bassignac property in Destor Twp., in northwestern Quebec. Four holes intercepted gold values, the company reports….
A 6-hole drill program has been completed by Normetal Mining Exploration (ME) at its Bassignac property in Destor Twp., in northwestern Quebec. Four holes intercepted gold values, the company reports….
The sale of 300,000 flow-through shares at $1 per share to Northgate Exploration (TSE) has enabled Holmer Gold Mines (ASE) to accelerate exploration at a couple of advanced exploration programs in Ont…
A 29-year effort to “stabilize” tin prices collapsed in 1985, causing enormous financial losses by banks and metal dealers, some Canadian. The price plunged steeply. What happened? The first Internati…
A sub-level drifting program in the Kuhn zone at Omni Resources’ (VSE) Skukum Creek project 30 miles south of Whitehorse has yielded some impressive gold values. The company notes that drifting along …
Placer Dome Inc. (TSE) has terminated its option agreement with Claude Resources (TSE) which saw the former company spend $8 million on Claude’s Seabee gold project. Located northeast of La Ronge, Sas…
A $500,000(US) exploration program designed to increase reserves at or near the Bighorn property in Arizona has been approved by the board of directors of Roddy Resources (TSE). Current reserves stand…
Investor interest in speculative stocks has waned dramatically but development-type situations with defined production potential have been doing better. Overall, however, the market could only be desc…
Citing the recent upswing in zinc prices, Nanisivik Mines President Graham Farquharson told shareholders recently that they are in a very advantageous position. “The price of zinc is going through a p…
South American Goldfields was busy at 95 cents on news that Denison Mines plans to form a joint venture with the company to explore four concessions in Guyana for gold. Denison can earn a 60% interest…
Development headings being driven by Denison Mines (TSE) are expected to enter into ground controlled by Canuc Resources (TSE) by year-end, shareholders learned at the company’s annual meeting. Alan S…
With operating costs of $57 per ton on a 500-ton-per-day basis indicated by engineering studies, Goldpost Resources (TSE) could achieve cash flow of $9 million in 1989 when production of 25,000 oz gol…
We refer to your June 13 issue on Junior Mining, and the article “VSE: Top Junior Resource Market Still Setting Records.” We were pleased to have the opportunity to bring your readers up-to-date on th…
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