Drilling on Flanagan McAdam Resources’ Gwillim Lake property in the Chibougamau area of northwestern Quebec has intersected significant gold values, the company says. The latest hole, No 86-4, returne…
Gold production at an estimated rate of 15,000 oz a year could begin as early as next year in the Geraldton-Beardmore area of northern Ontario. A private company, Norben Gold Resources of Peterborough…
A joint venture agreement has been signed between Falconbridge Ltd. and Beaufield Resources which gives the latter company the right to earn a 25% stake in 897 claims owned by Falconbridge. Located 30…
The Golden Giant gold mine in Ontario’s Hemlo gold camp continues to produce at levels exceeding predictions, reports Golden Sceptre Resources . The first mine in the famed camp to produce gold, pour…
Drilling is scheduled to start this month by operator Bresea Resourc es and 50/50 joint venture partner Ayrex Resources on their 324-claim Casa Berardi property. Located in Desmazures and Cavalier twp…
During the next two to three years Lacana Mining Corp. hopes to more than double gold production from the current 60,000 oz per year to more than 120,000 oz per year, Dr William H. Gross, chairman and…
A new zone is shaping up in the central part of the Goldstack Resour ces’ Dubuisson Twp. property, reports President Herve Drolet. Located about seven miles west of Val d’Or Que., the property contain…
Almost everybody wants higher gold prices, but to profit from them you need a producing mine — or at least one that is ready to start up. The Stibnite mine 93 miles northeast of here fits into the la…
U.S. gold production may approach the 3-million-oz mark in 1986, according to a study from the Metals Economics Group of Boulder, Colo. Production in 1985 is estimated at 2.1 million oz, with average …
Canada’s energy security was a key item on the agenda at a meeting of energy and mines ministers last week in Banff. Alberta’s Energy Minister Dr. Neil Webber predicted that if oil and gas prices don’…
Which major Canadian gold producer has the highest grade tailings dump? The answer was very to FreeGold Recovery which has been treating tailings at Campbell Red Lake’s Balmertown operation with a mob…
For the first quarter of 1986 domestic industrial silver consumption in the U.S. was 30.8 million oz — three million oz lower than a year ago or down 1%, the U.S. Bureau of Mines reports. Usage, howe…
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.