A drill program by Aber Resources (VSE) is under way on the Victory Lake base metal prospect 40 miles east of Yellowknife, NWT. President Grenville Thomas said the objective is to prove up further dep…
Trading volumes were higher and the market direction definitely positive for the week ended Dec 12. The general market portfolio index jumped 31.4 points during the report period and the mining and mi…
The more open attitude toward foreign investment in the Soviet Union provides some interesting opportunities, and where there are opportunities, you’ll find Canadian mining companies. One of Canada’s …
A drilling program has been completed on the Refugio gold-copper porphyry deposit 50% owned by Bema Gold (TSE). Bema is earning the 50% interest in the property from Cia Minera Refugio by funding expl…
Placer Dome (TSE) plans to begin a $500,000 exploration program in January on two properties held under option from Currie Rose Resources (VSE) in Saskatchewan. The mapping and drilling program will f…
Old wounds do not appear to heal easily. After a short truce, under which a new joint venture agreement was signed, Teeshin Resources (VSE) and Canadian-United Minerals (VSE) have rekindled a fight wh…
Exploration work has been discontinued at the Leitch gold mine project near Geraldton, Ont., San Paulo Explorations (ASE) says. Held under joint venture from Teck Corp. (TSE), the exploration effort w…
John Walton, former Placer Dome president, joined officials of International Coast Minerals (VSE) on a visit to Poland to confirm the status of a proposed joint venture tailings project. Walton is a m…
Privately owned Maritime company Newfoundland Goldbar Resources agreed recently to earn a 40.1% stake in Varna Gold’s (ASE) Glover Island gold claims in central Newfoundland. Goldbar will act as opera…
The Ontario Securities Commission has issued a notice of hearing to Terence Coughlan to appear before the commission Jan 22. The notice refers to allegations that Coughlan, as president of Seabright R…
A reverse circulation drill program by Teck Corp. (TSE) is planned for the Iron Mask copper-gold project 20 km west of Kamloops, B.C. As operator, Teck can earn a 50% joint venture interest in the 4,5…
A $1.7-million exploration program has been recommended for Mono Gold Mines’ (VSE) Bannockburn gold project, in Madoc Twp., north of Belleville, Ont. The Vancouver-based company has been exploring the…
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