More holes ‘click’ for North American, Dundee
Diamond drilling continues to meet with encouragement on the Casa Berardi joint venture gold property of North American Rare Metals and Dundee-Palliser Resources in Vezza Twp., 25 miles south of Matag…
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Underground program in the cards for alevon
Some high grade gold values have been encountered in an underground drifting program at Levon Resources’ Congress property near Goldbridge, B. C. Assays from a 36-ft section in the Howard vein structu…
Lawsuit still hovers Lac’s drilling delivers at Doyon
The results are in on the second hole of the deep drilling program at the Doyon mine and they carry important tonnage implications for this northwestern Quebec gold mine. Joint venture partners Lac M…
Platinova/ Cominco in U.S. gold play
Platinova Resources, a private company which is a wholly-owned subsidiary of Toronto-listed Black Hawk Mining has entered into an agreement with Cominco American, a wholly-owned subsidiary of Cominco …
Missanabie area could host half a dozen producers
Gold exploration areas in Ontario that have been known for years keep coming up with surprises and the potential for more and better mines. Hemlo was worked over pretty well before International Coron…
Potash of America takes $3.9m. loss
A 1986 net loss of $3.9 million, or 64 cents a share, is reported by Potash Co. of America, compared with restated net earnings, before extraordinary charge, of $3.4 million, or 4 cents a share, in t…
Black Swan Gold confirms tonnage at Australian bets
Recent drilling has confirmed the tonnage and grade of three gold deposits at Black Swan Gold Mines’ Gabanintha project in Western Australia. In addition, the drill program delineated approximately 16…
Government is the enemy
Your recent edition which contained two editorials, one attacking government, (justifiably), for wasting billions of dollars, and one praising government for creating certain educational centres, is a…
Noranda Expl. concludes option with Beaver
Even major companies like Noranda are starting to recognize the profit potential in small U.S.-based heap leach producers. Noranda Exploration recently concluded an option agreement with Beaver Resour…
Bruneau interest in Montclerg prospect
Bruneau Mining Corp says it has an agreement in principle with Montclerg Resources, for Bruneau to earn a 60% interest in Montclerg’s gold property in Walker and Clergue twps., near Timmins, Ont. Brun…
PDA service awards for Laurin, Seigel
Distinguished service awards are being awarded this year to Dr. Andre F. Laurin, assistant deputy minister of Quebec’s energy and resources ministry, and Dr. Harold O. Seigel, president of Scintrex Lt…
Pezim out; Corona carries on
With or without Murray Pezim on its executive committee, and notwithstanding a legal challenge by Mr Pezim, International Corona should continue showing good results in its gold-mining activities, two…