Orex, Onitap make plans for Goldboro
A surface and underground exploration program costing an estimated $7.5 million is being undertaken this year on the Goldboro property in Nova Scotia by Orex Exploration (ME) and Onitap Resources (TSE…
A surface and underground exploration program costing an estimated $7.5 million is being undertaken this year on the Goldboro property in Nova Scotia by Orex Exploration (ME) and Onitap Resources (TSE…
Gearing up for gold production in Ghana, West Africa, during the latter part of 1989, Canadian junior- mining firm Sikaman Gold Resources (TSE) has started to look farther afield for new, and differen…
Three anomalous gold zones have been discovered by Bitech Energy Resourecs (ASE) on the company’s Bett’s Cove property in Newfoundland. The 64-claim property is located on the Baie Verte peninsula adj…
An option agreement has been signed by Kerr Addison Mines (TSE) and Noveder Inc. (ME) (formerly Eider Resources) whereby Kerr (through its Quebec affiliate, Kerr Addison Exploration), may earn a 50% i…
Perched proudly in the southwestern Sierra Madre mountains, the town of Taxco is an enduring example of the important role silver mining plays in Mexico’s economy. In fact, this colonial village of sp…
Shareholders of Kiena Gold Mines (TSE) and Sigma Mines (TSE) have approved merging with Placer Dome. Sigma shareholders voted 94% in favor while Kiena shareholders voted 89% in favor at annual and spe…
Having found a financial backer in Edmonton-based Echo Bay Mines (TSE), Flanagan McAdam Resources (TSE) considers itself in good shape for what should be a pivotal year in the company’s history. Under…
Battle Mountain Gold (TSE), the subject of a report by Barclays de Zoete Wedd of London, is short on reserves in comparison to other companies of its size and even though the Houston, Tex.-based outfi…
High grade gold and silver values have been drilled by partners Taywin Resources (VSE) and BP Minerals on the Electrum property in B.C. Located on Vancouver Island, the property hosts narrow high-grad…
Two gold discoveries have been made by Claude Resources (TSE) on properties in Saskatchewan and in the Northwest Territories. On the Grassy project in Saskatchewan, Claude geologists re-examined a for…
Pierce Mountain Resources (VSE) has acquired an option on the Ferro gold property near Snow Lake, Man. Based on a consultant’s report, the Ferro property hoses reserves of 73,000 tons grading 0.39 oz …
Described by Chairman Robert Calman as a company “writing its history on the run,” Echo Bay Mines (TSE) is aiming to produce about 550,000 oz gold this year and more than 700,000 oz in 1989. The compa…
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