News

Moneta Porcupine active at Michaud

Additional drill results have been received by Moneta Porcupine Mines from the company’s Michaud Twp., Ont., property. Located east of Timmins, the property has been the site of drilling since July. S…


Bioleaching gold process considered an alternative

A bioleaching process developed by Giant Bay Resources for treating refractory gold ores can be considered an “attractive alternative” to roasting or pressure oxidation as process alternatives for the…


Argentex concludes exploration deals

An agreement has been reached between Argentex Resources and Lenora Explorations whereby Argentex can earn a 49% interest in Lenora’s 5-claim property in Black Twp., in the district of Timiskaming, On…


Obituary Harry Bell

Harry Bell, a long-time mine recorder for the Ontario government, has died at his home at Mine Centre, Ont., at the age of 71. Born in Toronto, Mr Bell moved to Mine Centre in 1936, where he was an as…


Noranda clicks at Tally Pond

Drilling at the Tally Pond-Duck Pond project in central Newfoundland continues to intersect encouraging base and precious metals values, Noranda Exploration reports. The property, located about 142 km…


Omni active exploring major Yukon gold find

The most significant gold discovery in the Yukon’s Wheaton River Valley in many years has been made by Vancouver-based Omni Resources. The importance of the find has been known for at least a year bec…


Trader results cut reserves at Tel project

Discouraging drill results at Trader Resources Tel deposit on Banks Island, B.C. has forced the company to reduce its reserve estimate by about half. Based on the results of a 71-hole diamond drill pr…


Exploration budget doubled at Cheni Gold’s B.C. bet

Site preparation at Cheni Gold Mines’ Lawyers property is on schedule and within budget, says Paul Girard, president. Road access into the Sturdee airstrip was scheduled for completion by the first we…


Better driving on refractory gold deposit in B. C.

At present gold prices it’s not surprising that companies are taking a second look at refractory mineral deposits. Twelve miles west of this Vancouver Island coastal community, one such company, Bette…


Glamis receives tailings permit

A permit to treat about 2.5 million tons of dump and stamp mill tailings, left over from the former operations at the Yellow Aster mine in California, has been received by Vancouver-based Glamis Gold….


Laurasia Resources

Laurasia Resources is making a rights offering to shareholders, under which each shareholder will receive one right for every share held. Each right will entitle the shareholder to subscribe for one u…


EDITORIAL Protectionism self-defeating

Wiser heads are appearing in the U.S., though they are seemingly not prevailing, concerning the issue of protectionism, a mood in that country that is seriously threatening the possibility of a free t…


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