News


Golden Knight bid accepted in B.C.

A bid made by Golden Knight Resources (TSE) for a parcel of claims near Lindquist Lake in the Tweedsmuir recreational area has been accepted by the Ministry of Energy, Mines and Petroleum Resources in…


Alberta Stock Exchange Louisiana moves up

As the North American exploration season approaches its peak, there was plenty of action to consider on the Alberta Exchange this week. Louisiana Mining, which has been active lately, gained 43 cents …


New company to market chromium-nickel alloy

A joint venture has been set up to develop and market corrosion resistant chromium-nickel alloys worldwide. The venture, to be called International Corrosion Protection Company (ICPC), was formed by I…


Manitoba Minerals busy on 51 bets

After spending a record $4 million on exploration last year, Manitoba Mineral Resources (MMR) hopes soon to reach a decision regarding development of the Farley Lake gold deposit near Lynn Lake, Man. …


Esperanza raising funds for Tillicum

By way of a proposed flow-through private placement, Esperanza Explorations (VSE) is looking to raise between $300,000 to $500,000 for ongoing exploration of its mineral properties. The company plans …


Letters to the Editor Dome mine misplaced

I read with interest in today’s issue about the Dona Lake mine opening in Pickle Lake, Ont., Placer Dome’s third mine in the province. The article places the Dome mine in Schumacher and does not menti…


FINANCING (July 17, 1989)

Galico Res — gross proceeds rec $236,250. Goldhill Res — gross proceeds rec $392,000. Pars Res — gross proceeds rec $230,000. Arnica Res — gross proceeds rec $280,000. Brockton Res — gross procee…


Durga to buy mill

A letter of intent has been signed between Durga Resources (ASE) and a U.S. company giving Durga the right to buy a 100% interest in a 250-ton-per-day flotation mill in Nevada. The deal also includes …


Inel Resources to start $1-million program

A 3-phase program to include underground drilling and development is about to begin on the Inel gold property in northwestern British Columbia. Inel Resources (VSE) owns 50% of the property but can in…



Production milestone at Republic gold mine

One of the highest grade ore deposits ever discovered at Hecla Mining Company’s (NYSE) Republic gold mine in Washington State was found 24 hours before the mine was to shut down in 1984. Since that ti…


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