Goldpost works on underground ramp
A decline ramp on the Hislop west property held by Goldpost Resource s is expected to be completed by year-end, the company says. Located in Hislop Twp., southeast of Matheson, Ont., the property also…
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Drilling at Goldstrike significant: Franco Nevada
A preliminary drill program on the Goldstrike joint venture near Car lin Nev., points to the potential for mineralization at depths previously unexplored, reports Franco Nevada Mining Corp. President …
Acadia joins stock market with a fistfull of assets
“I don’t think I’ve seen a junior mining company come to market with such a package of properties.” That is how Dan Farrel, who has been with Merit Investment Corp. of Toronto for seven years, introdu…
Dejour awaits project moneys
It looks as if the Detour Lake mine is gearing up its new underground gold mine with production slated at 1,800 tonnes of ore per day by December, 1987. “Though the final approval has not been given, …
Toronto Stock Exchange Golds still bright as market moves higher
Wednesday close, Dec 3 The ownership of the Page- Williams Hemlo mine is now resting in the hands of the five judges who have spent the latter part of last month in the Ontario Court of Appeal listeni…
Pacific Trans optimistic that Ketza project is a go
A favorable production decision is expected on the Ketza River prope rty, says C.D. Stewart, President of Pacific Trans Ocean Resources, which holds a 50% interest in this Yukon gold project. As part …
Total Erickson reserves are boosted at Mount Skookum
Drilling on the Brandy and Lake zones has boosted reserves at Total Erickson Resources’ Mount Skukum gold property south of Whitehorse, Yukon. The drilling blocked out an additional 104,610 tons of pr…
MacLellan mine’s royalty should boost Agassiz’s profit
Agassiz Resources reports net earnings of $91,152 for the 3-month period ended Sept 30 on revenue of $3,555,529 compared with net earnings of $238,210 on revenue of $4,346,176 for the same period a ye…
Goldenbell going aheaed with Calif. gold mine
While financing is still waiting in the wings, Goldenbell Resources of Vancouver says it has made the decision to go into production with its Pine Tree gold project in Mariposa Cty., Calif. The compan…
Deep drilling by Noranda boosts potential of Ribago
Good drill results depth have increased the likelihood of going underground on the Ribago-Silidor project near Rouyn, Que., a joint venture of Noranda, Cambior and Cogesco Mining Resources. Cogesco is…
OMEP budget increases by $4 million
The Ontario government is throwing an additional $4 million into the Ontario Mineral Exploration Program (OMEP) for fiscal 1986-87, increasing the budget to $12 million from $8 million. Edward Solonyk…
Report from Calgary Savanna focus on Turner-Albright
Operating from the premise that mineral markets are cyclical in natu re, Savanna Resources has assembled an inventory of interests in 10 mineral properties in varying stages of development. The compan…