The Montana Tunnels project will be the first conventional mining operation for Pegasus Gold which has built a solid reputation for processing low grade gold ores by heap leach methods. Located about …
An option agreement has been completed by Gallagher Explorations giving the cimpany the right to earn a 45% interest in seven claims adjoining the Arthur White gold mine near Red Lake, Ont. Known as t…
A mineralized section more than 55 ft wide was intersected in hole 86-2 on Rambo Explorations’ Turgeon property in northwestern Quebec’s Massicotte Twp. The company says the hole confirms the extensio…
Precocious American Barrick Resources, already a darling of North American gold stock investors and not yet three years old, has boldly grabbed a substantial stake in Consolidated Gold Fields. Barri…
Taywin Resources has stripped and trenched a bonanza gold and silver discovery on Vancouver Island. Further exploration is planned including percussion and diamond drilling, says J. Donald Graham, pre…
Gold’s role as the currency of last resort is being enhanced by a growing trend among financial institutions to finance mine development through gold loans. Gold loans work this way. A bank lends a co…
Control of Consolidated Marcus Gold Mines will pass to a private investor, Wilanour Resources says. Wilanour, which has a 65.5% interest in Marcus, agreed to sell the interest for $40,000. Before sell…
Bill C23, tabled in the House of Commons on Nov 7, contains measures to implement the alternative minimum tax (AMT) announced in December, 1985. When this bill is passed, the AMT measures will become …
Regarding Harry Oakes, referred to in a page 1 story in the Dec 1 issue of The Northern Miner, titled Mining’s unique practices questioned at Lac appeal. He was not murdered in Bermuda. He was murdere…
Cambior has taken an option on Ressources Maufort’s Siscoe property in northwestern Quebec’s Val d’Or area. Cambior, which will act as operator on the project, can earn a 50% interest by completing tw…
Drilling on its Beaverdam property may be the reason behind the recent market activity in Alberta- listed Coxheath Gold Holdings Co. President Michael Riddell says gold-bearing zones have been interse…
Results from the first seven holes of a 29-hole drill program on Gordex Minerals’ Cape Spencer heap leach gold mine property in New Brunswick indicate good potential for increasing open pit ore reserv…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.