By September of this year, Eastmaque Gold Mines (TSE) is expecting to pour the first gold from its new American Girl Canyon open pit mine in California. The heap leach operation is part of the company…
Mishibishu Resources (VSE) has negotiated a flow-through private placement to fund exploration on the 107-claim Loon Lake property under option from Granges Exploration (TSE). The Loon Lake property i…
A major drill program should begin this June on McNickel Inc.’s (COATS) Lac St. Jean copper-nickel property in Quebec. McNickel, currently in the throes of filing a preliminary prospectus, is not in a…
Striking workers are back on the job at the Lawyers gold-silver mine in the Toodoggone district of northern British Columbia. An agreement in principle was reached April 17 between Cheni Gold Mines (T…
The 23.95% interest in the Musselwhite gold project that Esso Minerals Canada had for sale has been purchased by its joint venture partners: Placer Dome (TSE), Inco Ltd. (TSE) and Corona Corp. (TSE). …
Few North American mining operations produce gold as cheaply as the Sleeper mine in northern Nevada where 1988 cash costs were $103(US) per oz including silver credits. For mine owner Amax Gold (NYSE)…
The 1989 exploration and development program by Suntac Minerals Corp. (VSE) is under way on the Polaris- Taku mine project with the first three surface holes returning impressive gold values. Last fal…
A Montreal businessman has hired an investment firm to help champion the rights of Dumagami Mines’ (TSE) minority shareholders should the company merge with Agnico-Eagle Mines (TSE). Jacques Forget en…
Drill results are not encouraging from USMX Inc.’s (NASDAQ) Goldbanks Hill propery in Pershing Cty., Nev. The first 11 of 21 holes on the property failed to intersect significant mineralization, the c…
Antelope Resources (VSE) will spend $1 million or more on its Rossland, B.C., gold property this year. The project is a joint venture with Bryndon Ventures (ASE). To date, over 40,000 ft of drilling h…
Two drill rigs continue to test a gold zone on Young-Shannon Gold Mines’ Chester Twp., property situated 110 km southwest of Timmins, Ont. President Bruce Young says 50 diamond drill holes totalling 2…
Despite concerns over a cooling North American economy, a number of Alberta issues made significant progress during trading this week. They include the Baloil Resources’ issue which distinguished itse…
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