The Tonawanda property, 3.5 miles east of Cadillac, Que., is shaping up into an interesting gold play for joint venture partners Novamin and St. Joe Canada. A gold-bearing zone discovered by two earli…
An underground development program is planned at Omni Resources’ Skukum Creek gold-silver property this January. The property is adjacent to the AGIP-Erickson Mt. Skukum gold mine which started produc…
As a result of several agreements, this year is shaping up to be busy exploration-wise for Tandem Resources. This Montreal- and Vancouver- listed company has entered into an agreement with Q.M.E. 1987…
Golden Star Resources says a new zone of gold mineralization has been discovered on the company’s Omai property in Guyana, South America. The newly identified gold-bearing sector, the so-called wenot-…
An agreement should be completed within weeks that could see Placer Development and Edmonton-based Golden Star Resources develop a gold property in Guyana, South America. The mineral potential of this…
Sherritt Gordon Mines and Unocal Canada announce that they have entered into an agreement under which Unocal has acquired a 50% interest in Sherritt Fertilizer Co. Sherritt Fertilizer Co., a partnersh…
Shareholder approval has been received by Canadian Lencourt Mines for the acquisition of Explorco Properties, a private company holding mineral assets. Canadian Lencourt, which is operated and control…
A powerful price surge both north and south of the border has made it a banner week for investors. With a blockbuster gain of 104.59 pts over the reporting period, the widely followed composite 300 ha…
Gibraltar Mines has approved the filing of a preliminary prospectus for a common share issue which should raise about $5.8 million. Some 554,546 shares will be sold at a price of $8.25 each by the com…
With 422,200 shares changing hands during the week, La Societe d’Exploration Mazarin surged ahead to its highest level since being listed on the Montreal Exchange in 1986. Mazarin peaked at 80 cents …
Drilling should start this February on Roxwell Gold Mines’ MOS project 50 miles northwest of Yellowknife, N.W.T. The property falls under an option agreement with Canamax Resources. Canamax can earn a…
Interlake Development says no further drilling is planned on its Hemlo, Ont., property following drilling of hole IL-2Y to a depth of 6,163 ft. Hole IL-2Y intersected the Moose Lake formation from 4,6…
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