1987

Dolphin driving a decline at Cape Ray gold project

A $4-million exploration program is being undertaken this year by Vancouver-based Dolphin Explorations at its Cape Ray gold project in southwest Newfoundland which includes the driving of a decline on…


New leach pad ups production for Grandview

Gold production at Grandview Resources’ Carson Hill mine in California has increased substantially with the commissioning of the No 2 leach pad. August production was 3,144 oz which compares to 2,332 …


Northair completing exploration on Willa

Northair Mines says the $2.1-million exploration program at its Willa property in southeastern B.C. is now over 60% completed. The 1,100-ft underground decline has reached the lower portion of the Wes…


East zone on Mooseland bet better than west, Acadia

The eastern zone of Acadia Mineral Ventures’ Mooseland property in Nova Scotia is shaping up to be very interesting. Based on the most recent drill results, the zone is beginning to show better contin…


Northway, Aur are partners at Bargold

Northway Explorations has entered into an agreement with Aur Resources on the 20-claim Bargold property in Barraute Twp., Que. Northway can earn a 40% interest by spending $2 million on exploration ov…


INVESTNEBT COMMENT Coxheath overlooked, report says

For investors looking around for a junior gold play with plenty of growth potential, Kleinwort Grieveson Securities Ltd. of London, England is recommending Coxheath Gold Holdings as a buy. While Seabr…


Nuinsco’s Cameron Lake ready for phase 2 ramp

We may be headed towards the cold months, but Toronto-based Nuinsco Resources is still in hot pursuit of hidden gold reserves. Just one week after announcing drill results from its Aldermac property i…


Newmont pushed to wall by gold-hungry Pickens

Analysts predicting that Newmont Mining Corp. would be pushed to the wall in its effort to stop Texas oilman T. Boone Pickens from taking control of the New York company, were proved correct this week…


Gold production on line for Mascot

Gold production during August at Mascot Gold Mines’ Hedley operation was 8,920 oz and September output is projected to be 10,000 oz, says the company. The mill is operating at design capacity of 2,700…


Westmin, Colony boost reserves at Blue Moon bet

Reserves at Westmin Resources’ Blue Moon project in California have increased by about one-third following a drill program. They now stand at 4.1 million tons (probable and inferred) grading 0.06 oz g…


Honcho exploring gold play at Timmins

Vancouver-listed Honcho Gold Mines is taking on an interesting gold bet in the bustling Timmins area. It’s a 22-claim block in Bristol Twp. acquired from well-known local prospector R. E. Allerston, P…


Windflower extends zone on B.C. Goldfinch prospect

Drilling has extended the high grade East zone at Windflower Mining’s Goldfinch property near Revelstoke, B.C. The property falls under an option agreement with Granges Exploration, the operator for t…


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