Murgor Resources Inc

China Reaching For Canadian Resources

The financial crisis may have dried up capital for many mining companies in the West but not in China, where cash-rich companies are taking advantage of the credit crunch and going on shopping sprees.

Drilling on Vamp Lake at Murgor Resources' Hudvam copper-gold-zinc-silver deposit in Flin Flon, Man. Inset, in one of the three drills at the Hudvam property (from left): Geologist Jaysen Johnson; president & CEO Andr Tessier; VP of exploration Jean-Philippe Desrochers; and geologist Ben Batson.

Murgor boasts strong grades at Hudvam

Strong gold grades drove Murgor Resources (MGR-V, MGRRF-O) shares 48% higher on April 22 after the company released results from its Hudvam copper-gold-zinc-silver deposit in Flin Flon, Man.

BY SUSAN KIRWINMetanor Resources' Bachelor Lake mill.

Gold production in sight for Metanor

A tailings permit is the only thing that Metanor Resources (MTO-V, MEAOF-O) needs before starting up the Bachelor Lake mill in Desmaraisville, Que., despite an economic assessment released on Oct. 30 …

BY SUSAN KIRWINAnyone lose a button? From left: Yves Gagnon, Serge Roy and Ghislain Morin hold the last 6 oz. of gold poured at the Bachelor Lake mill in 1989. The mill is currently undergoing a $3-million facelift and will be ready to take ore from the Barry Lake open-pit deposit by mid-August.

Metanor brings back Bachelor Lake

SITE VISIT Desmaraisville, Que. — As Yves Gagnon sloshes along the water-filled locomotive tracks of the past-producing Bachelor Lake gold mine here, he pulls something…

Murgor sizes up Hudvam, Fon

Montreal-based Murgor Resources (MUG-V, MUGRF-O) has received preliminary resource figures for the Hudvam and Fon massive-sulphide deposits near Flin Flon, Man., from its consultants.

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