News


Bitech funded for exploration work

A $125,000 working capital loan has been arranged by Bitech Energy Resources. The loan was provided by D.C.C. Equities. Exploration funding for the year will come from two placements of flow-through s…


Yukon Chamber mining school

The British Columbia and Yukon Chamber of Mines will hold its 69th annual prospecting and mining school in Vancouver again this year. Classes begin Tuesday, Sept 15, and run Tuesday and Thursday eveni…



Canamax results encourage south of Kremzar project

Drilling by Canamax Resources on its large land holdings adjacent to the company’s developing Kremzar gold mine, is yielding strong results. The Kremzar mine and surrounding properties are located nea…


Agnico earnings are up sharply

A sharp improvement in the second quarter operations of Agnico- Eagle Mines has resulted in a 3- fold increase in this company’s half year net to $5.1 million or 37 cents per share, compared to $1.5 …


Hudson Bay disappointed At Metalore’s Brookbank

Deep drilling completed by Hudson Bay Gold has produced disappointing results from Metalore Resources’ Brookbank gold property near Beardmore, Ont. Ontex Resources holds a 10% net profits royalty on t…


Deal with Amoco Canada said good for Placer Dome

From a Placer Dome investor or potential investor point of view, at least two good things could happen as the result of a deal struck between the newly-formed mining giant and Amoco Canada Petroleum, …



Meston acquires royalty interests

An agreement has been reached for the purchase by Meston Lake Resources of the royalty interests of the Societe de developpement de la Baie James on the Meston Lake properties in Quebec’s Chibougamau …


Editorial That gold perfume again

Remember the little company in Ajax, Ontario, that produces a very expensive brand of perfume claimed to contain actual flecks of gold? We’ve commented on it before in this space, because (not surpris…



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