London-based Bond International Gold (TSE), also known as BIG, has become a little smaller. After recently selling a portion of its Australian mining interests near Kalgoorlie’s “Golden Mile” area, BI…
The headframe is typical of the next stage in the evolution of mine headframes: it is completely enclosed. Enclosed headframes are also called shafthouses. The shafthouse keeps out the frost and the …
Ontario’s Ministry of Northern Development and Mines has approved 101 grants totalling $6.27 million for programs completed under the Ontario Minera l Explorat ion Program (OMEP) between April and Jun…
Crown Butte recently said that it had elected not to proceed with the previously announced public financing. Instead it arranged a private placement in the am ount of $2,150,000 consisting of special …
Tundra Gold Mines (VSE) is conducting exploration programs on its Kirkland Lake area properties in Ontario. On the Shamrock property, two miles no rth of the K irkland Lake main break, an important go…
NovaGold Resources (TSE) has staked 16 claims near Benjamin River and optioned 12 claims near Nash Creek. Both properties are about 60 km northwest of Bathurs t, N.B. On the Benjamin River property,…
A 5,000-ft diamond drilling program is scheduled to get under way this month on Bitech Corp.’s (ASE) Betts Cove property on the Baie Verte Peninsula in Newfou ndland. Situated about two miles southwe…
Corona Corp. (TSE) has dropped its option on Claude Resources’ (TSE) Sturgeon Lake diamond property near Prince Albert, Sask. The termination of the option ag reement, which Claude says was unexpected…
Perrex Resources (ASE) has signed a letter of intent with NIM and Co, a flow-through fund, for a $500,000 private placement of Perrex shares. T he money will b e used to fund exploration on Perrex’s I…
Assay results were released by McNellen Resources (VSE) for the first three holes drilled on its Mount Foley copper-silver-gold project east of C hilliwack, B.C. The first hole returned 15.2 ft of 0….
The depressed environment for raising exploration funds for junior companies is being blamed by Eastmain Resources (TSE) for its inability to contri bute to th e 1989 exploration program conducted by …
New York-based DRX Inc. is teaming up with Toronto gold producer LAC Minerals (TSE) to explore DRX’s Midas property on the Carlin Trend in Nevada. The 283-claim property lies in the northwestern end o…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.