News

Hidden Lake Gold acquires large property in N.W.T.

An option to earn a 51% interest in the 40,000-acre Camsell Lake property located 115 miles northeast of Yellowknife, N.W.T., has been obtained by Hidden Lake Gold Mines (VSE) from a private claim own…


Clarification (October 24, 1988)

The Denison-Potacan Potash Company, a partnership of Denison Mines (TSE) and Potash Company of Canada, has been as thorough in its implementation of rock mechanics engineering at its Sussex, N.B., pot…




Skylark, BP hit sulphides while drilling CM property

Vancouver-based Skylark Resources (VSE) and partner BP Resources Canada (TSE) have hit on a 78-ft intersection of massive and stringer sulphides at the CM claim project north of Kamloops, B.C. The joi…


Sutton drilling at Creede silver property

A deep drilling program is under way on Sutton Resources’ (VSE) Creede silver property located in Colorado. The program consists of two holes, both about 2,000 ft in length, and is designed to test th…



Northgate’s cash puts Colomac on fast track

Northgate Exploration (TSE) has agreed to provide the remaining financing needed to get the $135- million Colomac gold project into production. The cash-rich company will inject $8 million directly in…


Minnova/Rea Gold Get Approvals For B.C. Silver Mine

The British Columbia government has approved the Stage I permit for the construction and building of mine facilities on the Samatosum silver project located near Adams Lake, B.C. Minnova Inc. (TSE) ho…


Ketza River gets best results yet

The Ketza River gold mine enjoyed its best operating month yet since starting operations last summer. Operated by Canamax Resources (TSE) and held equally with Pacific Trans-Ocean Resources (TSE), the…


Euro-Nevada obtains Castle Mtn. royalty

Toronto-based Euro-Nevada Mining (TSE) has reached an agreement to buy a 4% net smelter return royalty interest in 540 acres of land on Viceroy Resources’ (TSE) Castle Mountain gold property. Located …


Steel demand gaining in strength

Consumption of crude steel in the non-Communist world is expected to rise by 6% this year over 1987 levels, to 478 million tonnes, delegates to the 22nd annual conference of the International Iron and…


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