News

Results are now available from a recently-completed airborne geophysical survey covering an area of 6,000 square kilometres surrounding the city of Timmins, and conducted by Ontario’s ministry of nor…

A new royalty agreement has been signed by partners in the Buckhorn heap leach gold mine in Nevada. The agreement clarifies the recovery by Cominco Resources International (76% interest) and Equinox R…

Nevada geologists refer to it as the unknown factor in the business of mining gold reserves. In the wake of one thunderous splash, it can put a damper on even the most sophisticated mining plan, or at…

During a recent North American tour, a number of British analysts stopped in at Bryndon Ventures’ Rossland claims just south of Rossland B.C. While it isn’t known how long they spent at the property, …

Drilling by Conquest Yellowknife Resources on a property near the Renabie mine, has confirmed the presence of the Renabie shear zone on the claims. Located northeast of Wawa, Ont., the property adjoin…

A significant new gold discovery has been made by Asamera Minerals at its Cannon mine property near Wenatchee, Wash. Word of the find comes fresh on the heels of a takeover offer for Asamera Inc. by G…

A rally which moved the tse composite index to a post-Oct 19 high of more than 3,300 pts has stalled. During the past week, small advances offset by losses were the norm, suggesting a period of direct…

A 25-ton-per- day pilot mill has started bulk sampling at Bighorn Development’s and Wydmar Development’s Island Lake gold project in northern Manitoba. The mill is processing a 3,000-ton bulk sample, …

Shareholders of Lac Minerals are sure to be pleased by the company’s 1987 earnings of $38.7 million. But when those same shareholders gather April 14 for the company’s annual meeting, there is bound t…

A course on the design of natural support for underground mining excavations will be given May 12-24, in French, at the University of Quebec in Abitibi-Temiscaming, located at Noranda, Que. The 3-day …

Mill City Gold has started a surface exploration program on a 68-claim gold property adjacent to its McMillan gold mine prospect 57 miles west of Sudbury, Ont. The company can earn a 58% interest in t…

Tusk Minerals reports that a diamond drilling program, involving approximately 2,200 ft of drilling will commence as soon as possible on its Old Cabin gold prospect northeast of Wawa in Jacobsen Twp.,…