Montreal-based Messeguay Mines has pulled a hot intersection from its wholly-owned Launay/ Privat property where a new zone is being explored, the company said recently. Weighing in at 64 ft grading 0…
Equipped with a reorganized board of directors and $2.1 million in equity capital, Nor-Quest Resources has outlined its short-term strategy after a preliminary review of operations. After producing 46…
A production shortfall at Camindex Mines’ Valdez Creek placer gold mine in Alaska, continues to cause financial headaches for the Toronto-based company. In 1986, ground water flow problems disrupted a…
A deal to get surplus power from B.C. Hydro at a discount price will enable Brenda Mines to extend the life of its open pit copper/molybdenum mine near Peachland, B.C., for an extra year, it has been …
A proposed offer to boost its interest in Louvem Mines to about 90%, through the purchase of up to 4.8 million common shares of the gold producer, is going ahead, St. Genevieve Resources has announced…
A production decision at Vedron Ltd.’s Timmins gold project in northern Ontario has been put off until at least July, President Leon La Prairie told shareholders at the annual meeting. While the compa…
The volume leader amongst resource issues on coats was Tarzan Gold. The issue traded through more than 180,000 shares this week to add 25 cents to $1.50. Tarzan holds varying interests in a large por…
Interested in something really different? A little foray into one or two of the mining areas of Great Britain of two millennia ago might prove engrossing to a minerals man who has seen all the usual t…
Lacana Mining has confirmed its commitment to fund the balance of a $500,000 work program started last year on Huntington Resources’ Brett claims near Vernon, B.C. Approximately $360,000 was spent the…
Funds raised in a rights offering will be used by Killick Gold for a drilling program on its 18,000-acre Adams Plateau claim group near Kamloops, B.C. The company is seeking $118,000 by offering each …
Glen Auden Resources has signed an option deal with Ventex Energy Ltd., giving the former company the right to acquire a 50% interest in a 156-claim property near Atikokan, Ont. Glen Auden can earn th…
After losing Northfield Capital Corp. in the Oct 19 market debacle, Queenston Gold Mines has found a new partner to assist in developing the promising Kirkland West gold property, near Kirkland Lake, …
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