News


Hudson Bay drops option on Metalore’s Brookbank

Hudson Bay Gold has terminated its option agreement with Metalore Resources which was signed more than 1 1/2/ years ago. The deal, which committed Hudson Bay to sinking a 1,800-ft shaft on Metalore’s …


EDITORIAL Hewers of Wood

For a long time, Canadians have been known, almost universally, as hewers of wood and drawers of water, a phrase which encompasses our supposed economic dependence on our natural resources — includin…



Placer, MSV expect mining decision by May

Following the completion of a $2.1-million underground exploration program on the Eastmain project, partners Placer Dome Inc and MSV Resources are expected to reach a production decison by May. Locate…


Computer Forum MICROCHIPS AND MINERALS

Mining in Canada is changing. And fast. For years “mining,” to the average Canadian, conjured up images of grizzled prospectors pounding on rocks somewhere in the vast north, searching for a mineral d…


Cominco going underground soon

Underground exploration at the snip gold project in northwestern British Columbia should begin sometime in February, says Cominco Ltd., the operator. Delaware Resources will fund the $4.5-million prog…


Vior and Sigma near completion of Ligneris deal

An option agreement under which Sigma Mines (Quebec) may acquire a 50% interest in the Ligneris gold property of Vior Inc. is nearing completion, Vior reports. The two companies signed the option agre…


Drilling begins at Garrison bet

Drilling by Proteus Resources has commenced on a 106-claim group property in Garrison and Thackeray twps. in northern Ontario, the Toronto-based company reports. Lac Minerals, which may earn a 50% int…


Gordex expansion nears completion

After ironing out some wrinkles in the system, Gordex Minerals says it is close to completing an expansion program at Canada’s first primary heap leach project. Located at Cape Spencer northeast of Sa…


Onitap’s Goldboro optioned to Orex

Ressources Orex has completed an option agreement giving the company the right to acquire a 50% interest in the Goldboro gold property by spending $6 million and completing a feasibility study. Locate…



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