News

Cusac, a gold producer at Table Mtn.

I have been reading your newspaper for a year now and find it interesting and informative. The main reason for my subscription is to follow my favorite company, Cusac Industries. Every week I turn str…



Dolphin driving a decline at Cape Ray gold project

A $4-million exploration program is being undertaken this year by Vancouver-based Dolphin Explorations at its Cape Ray gold project in southwest Newfoundland which includes the driving of a decline on…


Coniagas Group releases 1987 first half results

The companies which form the Toronto-based Coniagas Group have just released results for the six months ended June 30, 1987. Quebec Sturgeon River Mines reported a loss for the period of $119,184 or 1…


New leach pad ups production for Grandview

Gold production at Grandview Resources’ Carson Hill mine in California has increased substantially with the commissioning of the No 2 leach pad. August production was 3,144 oz which compares to 2,332 …


Northair completing exploration on Willa

Northair Mines says the $2.1-million exploration program at its Willa property in southeastern B.C. is now over 60% completed. The 1,100-ft underground decline has reached the lower portion of the Wes…


Northway, Aur are partners at Bargold

Northway Explorations has entered into an agreement with Aur Resources on the 20-claim Bargold property in Barraute Twp., Que. Northway can earn a 40% interest by spending $2 million on exploration ov…


Nuinsco’s Cameron Lake ready for phase 2 ramp

We may be headed towards the cold months, but Toronto-based Nuinsco Resources is still in hot pursuit of hidden gold reserves. Just one week after announcing drill results from its Aldermac property i…


Westmin, Colony boost reserves at Blue Moon bet

Reserves at Westmin Resources’ Blue Moon project in California have increased by about one-third following a drill program. They now stand at 4.1 million tons (probable and inferred) grading 0.06 oz g…


Rogi-Aur Res. intersect gold at Val d’Or bet

Ore grade gold mineralization has been intersected in three of five holes drilled to date on the Annamaque-Faraday property at Val d’Or, Que., Rogi Exploration reports. Rogi is involved in a joint ven…


Bar in the picture on Nevada gold mine

The recent high grade gold discovery at the Buckhorn mine (N.M., Sept 21/87) in Nevada has tended to focus on two companies: Cominco Resources International and Equinox Resources. But Vancouver-based …


Que West refinances

A refinancing and capital reorganization program is in progress for Que West Resources. The company says it has an agreement with Cancapital Corp. and S.C. Equities, whereby these companies have acqui…


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