Golden Rock Explorations has put three drill rigs to work on its Chibougamau property in northwestern Quebec following a financing that raised more than $2 million. The company says six holes have cut…
Development work is continuing on the Wood Mountain kaolin property in Saskatchewan, operator Ekaton Industries says. A laboratory facility has been built on site which is evaluating the silica potent…
The first reconnaissance drill hole on the Clavos property held by partners Canamax Resources (66.66%) and Bruneau Mining Corp. (33.33%) has cut a 16.4-ft section grading 0.3 oz gold per ton. The Clav…
A lawyer who became a top mining executive playing a key role in the growth of Northgate Exploration into a senior international mining company, George T. Smith, died in Toronto on Jan 29 at the age o…
Since metal prices collapsed in the early 1980s, North American producers have had a propensity for whining about “unfair” competition from state-owned mining companies in Third World countries. The N…
A drill program is under way on a base metals property held under option by Mercator Resource Corp. The company is putting down two holes on the Sentinel Mountain property held under option from Texas…
Revenue from the milling of the bulk sample from the Mobrun property near Rouyn, Que., has boosted third quarter financial results for Audrey Resources. For the nine months ended Dec 31, revenue total…
The first results are out on the diamond drilling program on the South American platinum bet controlled by a Consolidated TVX Mining Corp. company called CNM. Though TVX President Ian W. Telfer says a…
Two additional gold-bearing zones have been discovered in the current diamond drilling program on Parquet Resources’ 2,000-acre gold property in Courville Twp., in the Val d’Or area of Quebec. The H z…
Hole 73 drilled on Vior Mining Exploration’s Ligneris Twp. property in northwestern Quebec has returned 40 ft grading 0.35 oz gold per ton says President Claude St. Jacques. Other economic values were…
Falconbridge Ltd. says it will raise $13.2 million in flow-through funds to finance Canadian exploration expenditures on the company’s properties this year. Falconbridge says it has an agreement with …
Chances are good that most of the Thompson committee’s proposals for a new securities policy for resource financing in Ontario will be approved, according to the general counsel for the Ontario Securi…
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