News

Work under way on Troymin bets

Field work is under way at several of Troymin Resources’ properties, including its Babine Lake Silver prospect in B.C., its gold prospect at Tabor Lake near Dryden, Ont. and at a newly optioned gold b…


Quebec flow-through cut causes mixed reactions

The Quebec government has announced it will be reducing the deduction for investments in mineral exploration through flow- through shares. So far the move to reduce the current 166.6% deduction for in…



Aunore drills Elder

Additional surface diamond drilling is being performed by Aunore Resources and partner Nova Beaucage Mines on their joint ventured Elder mine property near Rouyn, Que. The work is designed to test f…


Teck/Tundra considering underground exploration

The first underground drill hole, completed from the 1,800-ft level of the shutdown Lamaque gold mine near Val d’Or, Que., has intersected encouraging gold mineralization, partners Teck Corp. and Tund…



Bachelor Lake improves grade

Above-average grades are being cited as the main reason behind the improved gold production at the Bachelor Lake Gold Mines property near Demaraisville, Que. For the third quarter ended Sept 30, the m…


Letters to the Editor Raise red alarm flag

We read with interest the continuing debate by the Ontario Securities Commission and the Thompson Committee regarding the commissions paid on financings raised by the “broker-dealers.” Disregarding th…


Editorial Don’t move the OGS

The following is extracted from a letter from Professor C. Jay Hodgson, professor of mineral deposits geology, Queen’s University, Kingston, to Premier David Peterson, acting minister, Ontario ministr…


Letters to the Editor Golden Giant

I am disappointed that, in the Dec 8 issue of your newspaper, the Golden Giant mine (at Hemlo) did not at least get honorable mention in the leagues of big Canadian gold producers. Production here was…


Dolphin to spend $3m. on gold bet

About $3 million will be spent next year on exploration in Newfoundland by Dolphin Explorations which is closely associated with the International Corona group of companies. The majority of the funds …


Gold output tumbles at Galactic project

The production shortfall at Galactic Resources’ Summitville gold project in Colorado is having significant impact on the company’s share price. Galactic recently reported that November production was …


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