News


Write Wilson – help save flow through

What would happen to you, your family and your business should Finance Minister Michael Wilson decide to cancel flow- through financing? As Minister of State (Forestry & Mines) Gerald Merrithew told T…


Holmer drilling at Tashota bet

Drilling is under way on Alberta- listed Homer Gold Mines’ 100%- owned Tashota property north of Geraldton, Ont., reports President K. Sethu Raman. The first drill hole tested anomaly No 16 with a kno…


Cane Corporation in joint venture

Cane Corp. reports it has a joint venture agreement with Cominco Ltd. to test several geophysical conductors in the Grassberry River area of Saskatchewan. Cane says it can earn a 40% beneficial intere…


ENVIRONMENTAL AWARD for Mine Doyon

La Mine Doyon in northwestern Quebec recently won an award for environmental protection at the eighth annual Mercuriades competition in Montreal. Organized by the Quebec Chamber of Commerce, the Mercu…


Funds committed

Perrex Resources says it expects to spend most of its exploration funds — $2 million this year and $1 million in 1988 — in the Harker Holloway gold camp area in northeastern Ontario, on its property…


Golden Reward fight could be ended soon

An agreement in principle has been reached between the various parties involved in an ownership dispute over the Golden Reward gold project in South Dakota. Coin Lake Gold Mines says that all the part…



Lakeshore program

Geochemical sampling has been completed on Lakeshore Minerals’ property in Maricopa Cty., Ariz. The work has identified several zones of anomalous gold values associated with arsenic and antimony. Du…



$4.5 million programs in Massive group plan

Massive Resources and associated Master Resources, and Sands Minerals have adjacent claims in the Favourable Lake, Pickle Lake and Pangis-Batchawana areas of Ontario. Recently, Massive acquired an opt…


Eider bulk sampling

A bulk sampling program is under way on Eider Mining Resources’ Lac Rose gold property. Located in Quevillon Twp., Que., the Lac Rose property is being examined by an underground exploration program. …


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