New staking practices, measures to avoid claim disputes and streamlined procedures for mine development are some of the changes to Ontario’s Mining Act proposed recently by Mines Minister Sean Conway….
A full color map covering one of the most active exploration areas in Canada is now available from Equity Preservation Corp., of Vancouver. Accompanying the 25×37 inch map is a handbook with ownership…
In order to earn a 50% interest in the Grasshopper project in the Tulameen area of B.C., Longreach Resources is carrying out a follow-up percussion drill program to test platinum values encountered in…
Production deficiencies at Corona Corp.’s (TSE) Nickel Plate mine near Hedley, B.C., are finally out in the open. Addressing a group of analysts in Montreal recently, President Peter Steen confirmed t…
When Cambior Inc. decides to pursue an acquisition target, it seems there is no holding back the major Quebec gold producer. Initially bidding $1.50 per share for between 30% and 60% of Nova- Cogesco …
An option agreement has been entered into by gold producer Corona Corp. (TSE) and Quebec junior Messeguay Mines (ME) whereby the former may earn up to a 70% interest in a portion of Messeguay’s Launay…
A preliminary underground drilling program at the Granada property in northwestern Quebec has been completed, Kewagama Gold Mines (Quebec) (ME) reports. A total of 3,288 ft of drilling was carried out…
With the Christmas season drawing near, market activity on the VSE has dropped off considerably. The expected seasonal decline and some tax-loss selling impacted on the VSE Index which was off 2.35 po…
Even in a listless market, investors will still respond to the sniff of a significant gold discovery. Bitech Energy has offered plenty of recent evidence that it is on the scent of something interesti…
An agreement concluded earlier this month between Rio Algom (TSE) and Teck Corp. (TSE) which would see Lornex Mining (VSE) discontinued as a public company is said to be facing opposition by at least …
Two private placements totalling $1 million have been completed by Aunore Resources (ME) with Middlefield Resource Fund 1988 Ltd. Partnership II. The company says proceeds from the placements (worth $…
Walter Guppy’s book “WetCoast Ventures” (N.M., Dec 5/88) can be ordered directly from him at Box 94, Tofino, B.C. VOR 2Z0. Or you can contact Guppy by phone (when he’s not out prospecting) at 604- 725…
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