Amidst the plethora of new up-and-coming heap leach situations, Hycroft Resources and Development Corp. appears to have been overlooked. Considering the production and earnings projected for 1988, its…
Power Exploration has obtained some encouraging gold assays on properties adjacent to two of northwestern Ontario’s significant recent gold discoveries. In the Pickle Lake area two new gold zones have…
Comaplex Resources International reports reductions in sales, cash flow and net profits for the first nine months of 1986 compared with the same period in 1985. Although revenue from the minerals divi…
McAdam Resources has invited Tashota Nipigon Mines and Quinteko Resources to each earn a 25% interest in McAdam’s right to earn a 100% interest in the McWatters gold property in northwestern Quebec. B…
A joint venture proposal, made by Placer Development, has been accepted by Golden Star Resources, the company says. Golden Star controls the Omai gold deposit in Guyana, South America. The Placer deal…
Further funding has been arranged by Teeshin Resources for exploration work at its Dome Mountain gold-silver project near Smithers, B.C., reports its president, Stafford Kelley. The company has a comm…
A joint venture agreement to explore and develop 4,396 acres in Maizerets Twp., in northwestern Quebec has been entered by Imco Resources and Sigma Mines (Quebec). Under the terms of the agreement, Si…
Gold-bearing mineralization has been discovered in two anomaly- testing diamond drill holes located 4,500 ft west of a gold zone being developed at the Granges Exploration and MacMillan Energy Corp.’s…
Spirit Lake Explorations has raised $100,000 through the private placement of 58,825 shares at a price of $1.70 per share. There are warrants with this stock to purchase an equal number of shares at $…
Torene Gold Exploration plans another 10,000 ft of drilling on its Harrington Cove gold property in Nova Scotia, following results of an initial 3,000-ft program that returned six intersections in fou…
Mining in the NWT should continue to chart a steady course through 1987, says David Nutter, general manager of the Northwest Territories Chamber of Commerce. And, he says, gold will largely be respons…
Next week’s issue will include complete range tables of all 1986 trading in the shares of mining companies listed on the Toronto, Vancouver, Montreal and Alberta stock exchanges, together with high-lo…
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