Mountain Lake buys into Valentine Lake
Mountain Lake Resources (MOA-V) is earning a half-interest in the Valentine Lake project in central Newfoundland.In return, the junior has agreed to spend $750,000 on exploration over four years, of w…
Mountain Lake Resources Inc
Noble Peak set to search for South African gems
Junior Noble Peak Resources (NPK-A) is preparing to start a program of infill drilling and bulk sampling in early April on a set of South African properties optioned from Mountain Lake Resources (MOA-…
EXPLORATION 1998 — Noranda continues drilling in northeastern Ontario
The exploration arm of Noranda (NOR-T) has resumed drilling at the Canagau project in northeastern Ontario to follow-up a hole that hit low-grade zinc-copper-silver mineralization.A minimum of 2,000 m…
Noble Peak buys into South African properties
Mountain Lake Resources (MOA-V) has agreed to deal a 50% option in a subsidiary to Toronto-based Noble Peak Resources (NPK-A).The chief assets of the subsidiary, South African-based Mountain Ash, are …
Gold, base metals remain exploration standbys in 1997
Metals exploration activity in Canada continued apace in 1997, and mineral hunters were just likely to be searching for base metals as for gold.Ontario’s Timmins camp drew explorers like bees to honey…
Discovery at Bathurst
Junior Mountain Lake Resources (MOA-V) has discovered lead-zinc mineralization on its Maliseet Mountain property in the Bathurst base metal camp of New Brunswick.Hole 2 intersected 15.9 metres averagi…
STOCK MARKETS — Depressed mining stocks point to sluggish VSE — Cross Lake, Mountain Lake among the few juniors to buck the trend
The Vancouver Stock Exchange composite index closed down 25.86 points, or 3.9%, to close at 631.35 for the report period ended Dec. 2. The mining index dropped 24.95 points, or 4.6%, to close at 515.3…
Mountain Lake tests zinc target
Zinc mineralization was intersected by Mountain Lake Resources (moa-v) while drill-testing the Malisect nickel-copper prospect in the Bathurst area of New Brunswick.The property is 25 km west of the H…
STOCK MARKETS — Vancouver’s mining index heads skyward — Solid drill results from several projects bolster western markets
The Vancouver Stock Exchange composite index gained 9.46 points over the report period ended Aug. 12 to close up 1.1% at 834.3, whereas the mining index finished 13.71 points higher at 753.93, for a g…
DIAMOND PAGE — Ashton to drill Mountain Ash
A drill program by Australian-based Ashton Mining will test the Mountain Ash diamond project in South Africa.The project is a joint venture held 51% by Ashton and 49% by Mountain Lake Resources (MOA-V…
BASE METALS SPECIAL — Mountain Lake options copper-gold project
The signing of a letter of intent sets the stage for Mountain Lake Resources (MOA-V) to acquire the Copper King property, some 18 miles west of Cheyenne, Wyo.The junior plans to form a joint venture w…
Corriente options Brazilian ground
A joint-venture agreement with Mountain Lake Resources (VSE) gives Corriente Resources (VSE) the right to earn a 51% interest in the 800-hectare Tesoureiro project in Brazil’s Minas Gerais state.The p…