Two new gold zones have been encountered by Storimin Exploration on its joint venture with Tandem Resources at Moss Lake, 70 miles west of Thunder Bay in northwestern Ontario. Thirty holes totalling 1…
A stock dividend has been declared by the board of directors of SherrGold Inc. Equivalent to 10.5 cents per share, the dividend will be payable on common shares of SherrGold based on a price per shar…
Overburden drilling funded by Vior Inc. on a property held jointly by Inco Ltd., the operator, and Cambior in northwestern Quebec’s Douay Twp., indicated three areas of anomalous heavy mineral concent…
A total of 36 reverse circulation drill holes has been completed by Sudbury Contact Mines in the Kirkland-Larder Lake area of Ontario. The program was to locate anomalous gold areas and define targets…
Nexus Resource Corp. has been granted an option by Westmin Resources to earn a 50% interest in its Debbie property located six miles east of Port Alberni on Vancouver Island. The property, which consi…
Baroque Resources has completed an option agreement with Homestake Mineral Development giving the company the right to earn a 51% interest in Homestake’s Miminiska antimony deposit. Located west of Fo…
THE BANFF CENTRE SCHOOL OF MANAGEMTENT- Fleicity N. Edwards named manager of Resource Management Programs.
Construction of a mobile biotankleach demonstration plant has been approved by the board of Giant Bay Resources. The company says advanced negotiations are under way with several mining companies whic…
With a profit boost of 44%, Teck Corp. has emerged from the year ending Sept 30 with a net income of $23.3 million or 42 cents per share. However, with extraordinary items net income increases to $24…
An agreement has been signed between Jilbey Industries and Bay Resources and Services. The deal gives Bay the right to earn a 75% interest in Jilbey’s gold prospect in Duverny Twp., Que. Located near …
An additional 1,007 claims have been staked by Silver Hart Resources off the northeast and southeast boundaries of its Hart silver project in the Yukon, reports President Alvin Harter. The company now…
Exploration work by partners Lacana Mining Corp. and Stroud Resource s has enabled the companies to calculate a reserve figure for their Leckie gold property. Located north of Temagami, Ont., the Leck…
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