News


Legal actions abound at Hemlo gold camp

The Hemlo camp located along the northern shore of Lake Superior in northern Ontario is probably as well known today for the legal squabbles it has engendered as it is for the gold it contains. Supp…


Newfields Expands Presence in Eastern Canada

Already well established in the Kirkland Lake camp of Ont., Newfields Minerals (TSE), recently added two gold projects in Eastern Canada to its property portfolio. That’s in addition to a deal made ea…


Drilling continues at Joubi prospect

Encouraging initial underground drilling results have been reported by operator Western Quebec Mines (ME) from the Joubi gold project in the Val d’Or area of northwestern Quebec. Western Quebec is inv…


Jonpol annual meeting

A little more than a year after drilling its discovery hole on the Newfield property, Jonpol Explorations (TSE) has blocked out a drill- indicated reserve of 1.3 million tons grading 0.231 oz gold per…


Greenstone gets 100% of Millie Mack

Greenstone Resources (TSE) has entered into an agreement to acquire a 100% interest in the Millie Mack gold-silver property near Burton, B.C. The property covers a large tonnage low grade gold-silver …


ATLANTIC REPORT Coxheath Gold’s first gold pour

Coxheath Gold Holdings (TSE) of Bedford, N.S., made its first gold pour in late June at its Tangier, Halifax Cty., gold property and is now pouring 150 to 160 oz per week from the mill’s bulk test fee…


Sonora Gold Corp

An operating loss of $2 million was realized by Sonora Gold Corp.’s (TSE) Jamestown gold mine in California for the first half of this year. The project, which generated revenues of $19.3 million from…



FINANCING (September 05, 1988)

Fireball — gross proceeds rec $225,000. Hildon — gross proceeds rec $157,500. Pennilane — gross proceeds rec $105,000. Sukuma — 400,000 sold for gross $140,000. …



Magnacon shows-gold bearing veins

Surface exploration of the east Magnacon property, located west of Wawa, Ont., has unearthed several rich gold showings, partners Flanagan McAdam Resources (TSE), Muscocho Exlorations (TSE) and Windar…


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