A $2-million 15,000-m drill program is being proposed by partners Inco Gold and Golden Knight Resources for their jointly held Golden Pond property in Quebec’s Casa Berardi area. The program will test…
Drilling will continue on the Ludgate Zone in Michaud Twp., near Matheson, Ont. Coats-listed Garrison Creek Consolidated Mines, which holds a 40% interest in the ground, is the operator. But the progr…
Tanqueray Resources has expanded its exploration activites during the past quarter, the company says. In the N.W.T., Tanqueray has acquired an option to earn a 47.5% interest in a 15,000-acre property…
The latest drilling campaign of J.A.G Mines is under way on the Malartic property in northwestern Quebec and core logging has already indicated interesting results, the company reports. A new gold zon…
Breakwater Resources plans to raise $2 million via a private placement of flow-through common shares. The issue will be handled by Canarim Investment Corp. The proceeds of the issue will fund explorat…
In the Nov 9, 1987, issue of The Northern Miner American Barrick Resources’ net income for the first nine months of 1987 was incorrectly stated. The company recorded net earnings of $17.7 million or 3…
A total of 35,000 ft of surface diamond drilling has been completed this year by Newhawk Gold Mines on its Sulphurets project north of Stewart, B.C. The company recently obtained approval to increase …
From the rear seat of a helicopter it looks more like the backdrop to a spaghetti western than the site of North America’s latest gold rush. As the visitor hovers over the open pit mines along the Car…
Pending the successful completion of an expanded underground evaluation of the Theresa mine property, equal partners Duration Mines and Locator Explorations could be in the gold mining business by the…
Glen Auden Resources has reached agreement for a $250,000 flow- through financing which will enable the company to carry out an expanded drilling program on its Detour, La Peltrie properties in Ontari…
Partners Westmin Resources and Canacord Resources say they are currently re-estimating geological and mineable reserves at the Big Missouri property near Stewart, B.C. Previous reserves at the propert…
Industrial mineral producer Hedman Resources, is getting into the grassroots gold exploration game. The company has completed a staking program which staked 560 claims in five blocks within McCool, Mi…
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