Holmer revs up drills in Timmins
Spurred on by rallying gold prices, Holmer Gold Mines (HGM-V) has renewed drilling at its high-grade Timmins property in northern Ontario.Between 1996 and 1998, Holmer outlined five near-surface paral…
Kirkland Lake Gold Inc
Foxpoint fires up Macassa
Foxpoint Resources (FPR-V) has resumed gold production at the Macassa mill in Kirkland Lake, Ont.On a daily basis, the mill is running through 1,100 tons of tailings from the Lakeshore property. The t…
CDNX posts gains in active week
Vancouver — Canada’s junior exchange entered the Christmas season on a bullish note, posting gains on all indices during the week ended Dec. 4. The Canadian Venture Exchange composite index added 15….
QUERY — Aconic, Lomega both gone
Could you check to see whether the companies on the enclosed certificates, Aconic Mining Corporation and Lomega Explorations Limited, still exist, or whether they are under another company name? Anyth…
Phelps Dodge and Silver Century continue work at Stoke property — Silver C explores remaining Ontario and Quebec prospects
Operator Phelps Dodge (PD-N) and joint-venture partner Silver Century Explorations (SVC-A) have resumed drilling at their Stoke and Ascot copper properties northeast of Sherbrooke, Que.The current exp…
IBI to drill in Ontario’s north
An agreement with Teck (TEK-T) and Atapa Minerals (ATAP-C) allows International Business Investments (IBI-C) to earn a 36% interest in the Teri zone gold property in Ontario’s Kirkland Lake gold camp….
THE GLOBAL SEARCH FOR GOLD — Queenston looks where others did not in Kirkland Lake
Many Canadian exploration companies have gone to the ends of the earth for gold, bringing back tales that gave the market a taste for the exotic.Investors were less excited about companies like Queens…
Royalty sisters expand Snyder — Former Midas project ahead of budget
Once operational, by May of 1999, the Ken Snyder gold mine in Nevada is expected to yield 250,000 oz. annually at a cash operating cost of US$78 per gold-equivalent ounce.Equal owners Franco-Nevada Mi…
Drilling reinvigorates Kirkland Lake gold camp
Buoyed by results from the first two holes, Queenston Mining (QMI-T) and Franco-Nevada Mining (FN-T) have added a second drill to their Kirkland Lake gold project in northern Ontario.The 50-50 partner…
Queenston, Franco-Nevada acquire Inco ground near Kirkland Lake
A land package exceeding 100 sq. km in area has been assembled by Queenston Mining (TSE) and Franco-Nevada Mining (TSE) in the Kirkland Lake area of northeastern Ontario, and the two companies plan to…
Franco-Nevada to buy stake in Queenston
Royalty holder Franco-Nevada Mining (TSE) is making a substantial investment in Queenston Mining (TSE) and the prolific Kirkland Lake gold camp in northeastern Ontario.Franco-Nevada will subscribe for…