News

Ottawa changes 1947 Act affecting Hudson Bay M/S

Amendments have been made to a 40-year-old federal Act governing health and safety rules affecting the operations of Hudson Bay Mining and Smelting in the Flin Flon mineral area of Manitoba and Saskat…


Lively intersection by San Paulo at Leitch mine

A discovery that could well prove important has been made by San Paulo Explorations in an exploratory drill hole in a program it has recently started on the Leitch mine property at Beardmore in northw…


Christmas Cheer absent amongst market traders

There was little seasonal cheer for the majority of the resource issues on The Toronto Stock Exchange this week. Sloppy, directionless trading and continuing nervousness following the Oct 19th de…


Musto plans to reopen Apex mine

VANCOUVER — Working to redress the problems which forced the September closure of its Apex mine near St. George, Utah, Musto Explorations hopes to reopen the gallium and germanium-producing plants in…



Eastmaque begins tailings operation

The first tailings have been pumped by Eastmaque Gold Mines to the mill at Kirkland Lake, Ont., the company reports. Although ice cover over Kirkland Lake was having a detrimental affect on dredging o…


Houston expects production decision by late spring

VANCOUVER — A production decision is expected by late spring on the Silver Queen polymetallic property near Houston, B.C., owned 60% by Houston Metals Corp. and 40% by New Nadina Exploration. A feasi…


Beaufield, Falconbridge gold discovery at Rouleau

An important-looking gold discovery has been made by partners Beaufield Resources (49%) and Falconbridge Ltd. (51%) in the Macho- Rouleau area 140 km northeast of Senneterre, Que. Drilling by Falconbr…


Encouraging gold assays from Pacquet

Significant gold assays are coming in from the Pacquet property on Newfoundland’s Baie Verte Peninsula where International Impala Resources and Noranda Exploration Co. have a joint venture program. Th…


Tusk Goudreau option

Tusk Minerals has acquired an option to earn a 50% interest in 21 claims northeast of Wawa, Ont. Located in the Goudreau-Missanabie area, the claims are located seven miles east of the Magino and Krem…


Corona gold loan

A gold loan of 106,000 oz has allowed International Corona Resources to pay off its share (50%) of the financing for the producing David Bell gold mine at Hemlo in northern Ontario. Corona sold the go…


Pioneer Metals commissions mill

VANCOUVER — Following an amazingly short construction period of 35 weeks, Pioneer Metals is commissioning the mill at its Puffy Lake gold project in northwestern Manitoba. As anticipated, the first d…


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