Mary Ellen project funded by Pacific
An exploration program, funded by Pacific Trans-Ocean Resources, has begun on a property optioned from Mary Ellen Resources. Located in Eby Twp., six miles west of Kirkland Lake, Ont., the property co…
An exploration program, funded by Pacific Trans-Ocean Resources, has begun on a property optioned from Mary Ellen Resources. Located in Eby Twp., six miles west of Kirkland Lake, Ont., the property co…
Proposed tax reform by federal finance minister Michael Wilson which would see the elimination of flow-through funding at the end of 1989 is a “serious over-reaction,” says the Prospectors and Develop…
Galactic Resources Chairman Robert Friedland says his company has acquired of 68.45% interest in All-North Resources in exchange for 96.04% interest in Galactic’s subsidiary Hudson-Yukon Mining Co. Fr…
While other Alberta-listed exploration companies remain stranded in the $1 to $5 range, Borealis Exploration of Calgary cruised along last year at around $20. Without so much as an oz of production, t…
Two drill results reported in the Dec 28 issue from Golden Zone Development’s gold-silver prospect in Alaska were incorrect. Hole 20C intersected 59 ft of 0.172 oz gold per ton (not 49 ft as reported)…
Work is gearing up at Cal Graphite Corp.’s Graphite Lake property near Huntsville, Ont., with production scheduled to begin late in October. About one-third of the mining and milling equipment has bee…
A 50% interest in two properties totalling 55 claims located west of Missanabie in northern Ontario has been acquired by Canreos Minerals (1980) of Toronto from Armistice Resources of Toronto for $200…
Lead Industries Association — Jerome F. Smith appointed executive director succeeding Werner T. Meyer who has resigned.
With a production value totalling $400 million from placer and hardrock operations, 1987 can only be described as an outstanding year for the Yukon Territories. Riding on a wave of flow-through share …
An option has been acquired by Lake Ponask Gold which gives the company the right to earn a 50% interest in a property in Jamaica. Known as the Hope mine property, the ground was mined for lead in the…
Described by some as the most significant gold find in the Yukon in many years, the Grew Creek discovery of Noranda Exploration and Golden Nevada Resources appears to be getting bigger. The latest res…
A complicated legal dispute over the ownership of a valuable gold mine can make valuation judgments on the companies concerned a difficult business. But when the legal battle is inadvertantly combined…
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