It is probable that more diamond drilling will be done in Canada this year than ever before if the plans of a host of new mining companies materialize. This deduction is made after a preliminary surv…
Drilling has expanded the area of known mineralization at the Crone Hill property held by Quartz Mountain Gold Corp. Located in Oregon, near the Nevada border, the property was tested for extensions a…
Readers will have noticed by now that our popular “Odds ‘n’ Sods” column has moved — we expect more or less permanently — to the editorial page, where it enjoys a prominence we hope it deserves. We …
With production expected from at least three mines in 1987 and a huge working capital of $40 million available, Granges Exploration is looking for at least one other precious metals acquisition. Accor…
A proxy battle is shaping up for control of Canadian Premium Resource Corp., which now is controlled by Mahogany Minerals. A dissident shareholders’ group is soliciting proxies for a new management sl…
A dewatering program is under way at the Maylac property held by Royal Oak Resources. Located three miles north of Geraldton, Ont., the Maylac mine saw limited production in 1958 producing 1,520 tons …
The staff of the Canadian Mines Handbook is currently in the process of updating old maps and compiling new maps for the 1987-88 edition, scheduled for publication in July. To ensure accuracy, holders…
Underground drilling at Treminco Resources’ Tom property near Yellowknife, N.W.T., has intersected a previously unknown vein. An assay of 0.46 oz gold was reported over 8.4 ft from the new structure w…
An up-to-date information release by Bighorn Development Corp. paints an encouraging picture for the development of the company’s Island Lake gold project in northern Manitoba. Further rehabilitation …
It was a tough year for Denison Mines in 1986, perhaps the toughest ever, but judging by the bottom line the company met adversity head on and came out a winner. Drastically lower oil prices and ongoi…
Several issues improved during the week as gold continued to hang on to recent gains. Claude Resources was one of the best performers, adding 40 cents to $4.70 on good volume. A greenlight has finally…
Underground diamond drilling at Westmin Resources’ British Silbak property has confirmed and extended the high grade precious metals mineralization discovered earlier by surface drilling (N.M., Dec 15…
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