Alberta-listed Pacific Trans- Ocean Resources has agreed to buy the remaining interest held by Telesis Corporation in the Gordon Lake project, the company announced recently. Upon completion, Pacific …
Six holes have now been put down by Flint Rock Mines on its leased Shabu Lake gold property, 43 miles east of Red Lake in northwestern Ontario. All intersected the main vein, with appreciable visible …
Drilling commissioned by Tamavack Resources and International Maple Leaf Resource Corp. on a Moss Twp. property in northwestern Ontario intersected 4.9 ft assaying 1.6 oz gold per ton. Incorrect core …
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 140.00 130.50 140.00 + 3.65 Mar 123.00 117.30 122.90 — 0.10 May …
Following the completion of an amalgamation between Noramco Mining Corp. and affiliate companies Highland-Crow Resources and Emerald Lake Resources, effective Jan 1, Noramco will be exposed to gold pr…
Sillimanite mineralization at both Clarendon and Otter Creek in Ontario has been mapped at 1:2500; a co-operative follow-up drilling program with the Tweed office of Ontario’s ministry of northern dev…
The Johnny Mountain gold mine of Skyline Resources is heading for production starting in the second quarter of 1988. The mine is located on a portion of Skyline’s Reg claims which cover approximately …
Pegasus Gold has completed an initial evaluation of the Zaca property in California, currently held by California Gold Mines of Vancouver. Under the terms of a memorandum of understanding with Califor…
The New Year is being ushered in with a three-day rally which has added more than 103 pts to the tse composite index. Today, the index picked up 25.29 pts to close at 3,263.3 pts. Market players are k…
BHP Utah Mines is beginning a 4,000-ft drill program on a property held under option from Glencairn Explorations (ASE). Known as the Blue Mountain property, the claims are located west of Kirkland Lak…
In an effort to reduce escalating confrontations over land use in British Columbia, Parks Minister Terry Huberts and Mines Minister Jack Davis formally announced in late December that mineral explorat…
An underground drilling program, currently under way on NLX Resources’ Gowganda, Ont., silver property, continues to yield encouraging assay values. The program, being carried out under the direction …
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