Explorco Properties, the wholly- owned subsidiary of Canadian Lencourt Mines has signed an agreement with St. Joe Canada Inc. to acquire a working interest in the Manitou Lake project in northwestern …
A total of 5,100 m of diamond drilling will be completed on the Central Patricia property held by Golden Shadow Resources. The work will be completed by Noramco Explorations, a private company control…
Total expenditures this year on its two major properties, the former McWatters gold mine near Rouyn, Que., and the Spud Valley gold property on Vancouver Island, B.C. will amount to approximately $7 m…
Optimism about Nova Scotia’s gold mining future was the keynote of the Nova Scotia Chamber of Mineral Resources’ fifth annual meeting, held recently in Halifax. A gold exploration update was featured,…
Northfield Minerals continued to add to last weeks gain, adding 20 cents to $1.10. The company along with partner Northern Ranger Oil and Gas, can earn a 30% stake in the Larder Lake, Ont., area prope…
Vancouver-listed Sands Mineral Corp. has raised $275,000 for exploration work in the Pangis-Batchawana and Favourable Lake areas of northern Ontario. About $150,000 has been budgeted for drilling on t…
Alberta-listed Royal Oak Resources has entered into a flow- through private placement agreement with CMP 1987 Resource Partnership and Company Ltd. for proceeds of $325,000. As qualifying expenditures…
For the fourth quarter of 1986, Malartic Hygrade Gold Mines realized net earnings of $448,784 or 13 cents per share compared to earnings of $338,977 or 10 cents per share during the same period of 1…
Aur Resources reports net earnings of $717,860 or 9 cents a share, for its fiscal year ended Sept 30, after provision for $700,000 in income taxes. This compares with a net loss of $159,450 in fiscal …
Grassroots exploration work has started on a 57-claim property in Sandra Twp, near Beardmore, Ont., held by coats-listed Portfield Industries Inc. The work is being funded by Bay Resources & Services …
Diamond drilling on the Ahbau Creek property by Gabriel Resources has encountered gold, silver and copper mineralization in a series of massive sulphide veins. Results from the first two holes cut 7.8…
I am writing in reply to your editorial Still Another Bad Move Out of Ottawa in your Jan 19 issue. You criticized the decision by the Export Development Corp. to finance the sale of a sulphuric acid p…
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