News

Orofino Resources has acquired an option to earn an 80% interest in a 25-claim property near Mine Centre, Ont. In order to earn its interest, Orofino must spend $300,000 by Dec 31, 1989. A surface exp…

Wednesday close, Oct 22 The golds were back in the driver’s seat today and helped transport th e widely followed composite 300 up 5.07 pt to a close of 3,021.60. The gold and silver index was up 42.2…

At last week’s hearing into the Thompson Committee report on junior resource financing, the catchphrase on many people’s lips was `dealer compensation.’ Members of the province’s mining and investment…

Noranda Exploration is drilling a precious metal property in west-central B.C. under an option agreement with Atna Resources. The program is designed to give a cross-section of an existing mineralized…

Drilling has confirmed the presence of gold in several shallow deposits at Better Resources’ Mt. Washington project just west of Comox on Vancouver Island. Two drill rigs are now operating on the prop…

A diamond drill program is planned on Peralto Resources Corp.’s project located in Quebec’s Casa Berardi area as soon as possible after freeze-up, reports President Anthony L. Agostino. The property, …

It’s been a rough ride for lead producers for the past few years but, while fundamental problems still abound, some peculiarities in the world’s lead markets have developed recently that indicate a ch…

It looks like a go for the Dona Lake gold project of Dome Mines and Campbell Red Lake Mines in the Pickle Lake area of northwestern Ontario. Dome President Henry Brehaut tells The Northern Miner he is…

For yet another year, the news is not good for British Columbia’s mining industry — the second largest industry in the province. The annual Price Waterhouse report, a detailed statistical analysis of…

The American Eagle swooped onto the market this week and landed squarely at the front of those challenging for supremacy among gold coin marketers. The Eagle, the first U.S. gold bullion coin to be mi…

R.W.S. (Bob) Kirkland, a pioneer geologist during the development of the Quebec-Labrador iron ranges, died recently in Calgary. Born and raised in Wilkie, Sask., he graduated with a B.Sc degree in geo…

Currie Rose Resources says Placer Development has started a 5-hole, 750-m drilling program on its 10,000-acre property at Laonil Lake in northern Saskatchewan. Currie’s property surrounds the 600-acre…