California Gold Mines says results from the first exploration phase of the Alpine mine area of its Zaca gold project in California, point to the potential for a high grade underground deposit. The com…
Another primary gold mine will be entering production in Manitoba this year. Pioneer Metals Corp has announced plans for an $18.1 million 500-ton-per-day mine at its Puffy Lake property located 45 mil…
MSV Resources was incorrectly reported in last week’s issue as being under the wing of Cogesco Resources. That should have read Somicom Management Inc., not Cogesco. MSV has an option to earn a 49% in…
A number of diversified mining companies have spun off separate gold mining entities in the past two years and the results have tended to be secretive, slow-moving corporate entities. Freeport-McMoRan…
A new northwest-southwest- striking gold-bearing zone has been outlined in the current diamond drilling program on Parquet Resources’ 2,000-acre gold property in Courville Twp., in the Val d’Or area o…
A total of eight drill holes representing approximately 4,000 ft of drilling is planned to be completed by the end of February on HSK Minerals Aloigny Twp property in the Casa Berardi area of northeas…
Some number crunching done by MSV Resources, a star performer on the Montreal Exchange in recent weeks more than doubling in value, has reduced tonnage but increased grade of reserves on the Eastmain …
Despite some serious difficulties which caused a large production shortfall last year, Galactic Resources has managed to continue leaching through the winter months at its Summitville gold property in…
A $250,000 exploration program is slatted by Toronto-listed Fort Knox Gold Resources on the Crow Lake property, southeast of Kenora, under the supervision of Inco Ltd. The program on the 329-claim pro…
Exploration work has started on the East Thurlow Island gold property of Verdstone Gold Corp., the company reports. The work on the property, some 40 miles northeast of Campbell River, B.C., will be c…
The amalgamation of Bankeno Mines with its wholly-owned subsidiary Bankeno Resources has been approved by the board of directors of each company. The two companies are continuing as one amalgamated bu…
A second drill has been added on the optioned New Senator property near Rouyn, Que., by Alotta Resources. So far, approximately 4,500 ft of a planned 20,000-ft drill program has been completed. Assays…
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