Val d’Or, Bullion in new arrangement
Junior mining company Ressources Val d’Or (ME) plans to transfer its rights to 80% of the Vendome zinc project in the Val d’Or area of Quebec to private firm Bullion Monarch Canada Resources. The new …
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Timmins, built on mining, still experiencing growth – 25% of
The largest city in Canada with a geographic size of 1,240 square miles, Timmins, Ont., bills itself as a “world-class” mining camp with plans to retain that reputation. With a population of 47,000, s…
Seabrex proposes merger to develop copper deposit
Hoping to develop a high-grade copper deposit near Chibougamau, Que., Seabright Explorations (TSE) has entered into a letter of understanding with Corner Bay Resources. Seabrex plans to acquire the pr…
Mining the base, but Kirkland seeks diversification
Kirkland Lake is a traditional northern Ontario mining town now poised on the threshold of a major diversification to its economic base. The ambitious moves were necessitated, in part, by the serious …
Ortech Int’l workshop
Mississauga-based Ortech International will host a 2-day workshop on technology transfer, Nov. 19-20, at the Ramada Hotel, Airport West, Toronto, Ont. The focus is on emerging technologies for metal a…
Laverty drilling yields disappointing values
Narrow, localized zones carrying little gold appear to be the source of the strongly anomalous humus samples collected on the Laverty Red Lake Resources (COATS) claim group near Red lake, Ont. A 4-hol…
Golden Patricia mine about to embark on development and expansion
Considered one of the most promising new mines in Canada, the Golden Patricia mine, 45 miles west of Pickle Lake in Northwestern Ontario, is about to enter a new era of development and expansion. Don …
Golden Rule, Manson Creek plan buybacks
Share buyback plans were announced recently by Calgary-based Golden Rule Resources (TSE) and its 58% owned subsidiary Manson Creek Resources (TSE). Golden Rule says it intends to acquire up to 1,052,0…
Cheni to spend $7.5 million for feasibility on J&L deposit
As part of an effort to acquire new projects, Cheni Gold Mines (TSE) announced plans to spend $7.5 million to bring the J&L polymetallic deposit near Revelstoke, B.C., to feasibility in return for a 6…
Morrison to fund Vezza-Douay work
Calgary-based Morrison Minerals (TSE) has teamed up with Total Energold (TSE) to participate in an exploration joint venture on 336 claims in the Casa Berardi gold belt of northwestern Quebec. A recen…
Blue Falcon, Micron in Moapa option deal
A letter of intent to enter into an option agreement with Blue Falcon Mines has been signed by Micron Metals Canada (ASE) and its joint venture partners in the Moapa Valley prospect in Nevada. The agr…
Ontario accounts for 37% of Canada’s mineral output
Ontario ranks first in terms of annual provincial mineral production value, accounting for about 37% of Canadian production, Ontario Mining Association statistics reveal. Some 90% of Ontario’s metals …