An important new gold discovery has been quietly worked at surface and probed by drilling on the Cassels-Duval property in the north part of Bousquet Twp., Que. Encouraging gold values were returned a…
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A gold discovery has been made by partners Captain Consolidated Resources and Koala Resources on their Pukaskwa property. The claims are located in a greenstone belt nine miles northwest of the Mishib…
Millstream Mines says it expects to start a preliminary exploration program early this year on 200 unpatented mining claims located in the Oba region of Ontario. The company has a 100% interest in the…
Toronto-listed Pronto Explorations has entered into an agreement for a private placement of $1.4 million of flow-through shares of the company’s common shares. The proceeds will be directed to the com…
The primary emphasis of Agnico- TEagle Mines’ gold exploration division is on two principal groupings controlled by the Cominco/Agnico- Eagle joint venture: the Valest group (contiguous and northwest …
Here, some of Canada’s major mining companies explain where their 1987 exploration funds are going. Gold fever has swept Canada. Never in history has so much money been spent looking for the precious …
Hudson Bay Exploration and Development and Consolidated Callinan Flin Flon Mines have signed an agreement amending the previous joint venture agreement on their property located approximately one mile…
Despite efforts to increase sales, Hedman Resources more than doubled its losses in 1986. For the year ended July, 31, the company realized a loss of $245,428 or 9 cents per share. This compares with…
In 1987 Queenston Gold Mines will be concentrating its efforts on suitable arrangements for expanded exploration of its principal Kirkland Lake area gold properties. Regarding the company’s wholly-own…
A new company, Mingold Resources, has been formed to participate in the gold exploration, development and mining business in Canada. Initially the company will be private and owned equally by the Mino…
Cobalt-rich, manganese- oxide crusts, forming a thin layer of mineralization which covers some areas of the ocean floor in shallow water off the west coast of the U.S., have subplanted manganese nodul…
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