News

Good assay results at Pan East/Gunnar joint ventre

Some very encouraging assay results were received this week from two holes put down by joint venture partners Pan East Resources (ASE), Petroment Resources (TSE) and Gunnar Gold Inc. (TSE) on the Fift…


Maufort plans bulk sample

Construction of a ramp and extraction of a bulk sample of 30,000 tons is planned by Maufort Resources (ME) at the company’s Tiblemont property in northwestern Quebec. The company reports encouraging r…


Amalgamation spurs Placer growth

Three new mines now under development will increase Placer Dome’s (TSE) gold production 40% to more than one million oz a year, President John Walton notes in the annual report. Much has been achieved…


Half-dollar on way out

The 50-cent piece, not the most visible of Canadian coins and no longer the silver beauty it originally was, may soon disappear, according to the Royal Canadian Mint. Composed of 92.5% silver and 7.5%…


Saskatchewan says yes to Mahogany/Royex venture

The Saskatchewan government has given final approval to the Jolu gold project paving the way for the property to start producing gold before the end of 1988. The project, a joint of Mahogany Minerals …


Nevada Goldfields shows net profit

For the quarter ending March 5, Nevada Goldfields (TSE) reports net profits of $329,897 on sales of $3,869,873. The company sold 8,441 oz gold and 17,581 oz silver from its Aurora and Kingston mines i…


Queenston/Barrick get good results at Pandora bet

Partners American Barrick Resources (TSE) and Queenston Gold Mines (TSE) have received more encouraging drill results at the Pandora mine property at Cadillac Twp., Barrick said recently. Barrick says…


La Fosse drilling Blue Lake project

Diamond drilling began recently at the southeast section of La Fosse Platinum’s (TSE) Blue Lake sulphide deposit north of Schefferville, Que., The Northern Miner has learned. So far, the company has p…



Esperanza sets October start for Tillicum mine

There is a busy 6-month period ahead for those involved with Esperanza Explorations’ (VSE) Tillicum Mountain gold project located near Burton, B.C. Start-up of a 100-ton-per-day mill is slated for Oct…


Editorial Making use of the land

It’s not likely that conflicts over land-use policy will ever be resolved. The debate about how strict regulations should be governing extraction of natural resources on public land will always be in …


Alberta Stock Exchange Baslen leads again

For the third week in succession, investors placed their bets on International Baslen Enterprises’ 3,000- acre gold property in the heart of Val d’Or Que. With established reserves in place and explor…


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