1988

A new copper, zinc and silver zone has been discovered in Quebec’s Casa Berardi area, Golden Briar Mines (ME) reports. The discovery is located in an optioned 18-claim area adjoining the southern boun…

The recent amalgamation of the Royex group of companies under a new entity called Corona Corp. has been a major talking point in mining and investment circles. Coming, as it did, in the wake of a cont…

Metall Mining (TSE) benefited from strong metal prices in the last quarter of 1987 to post net income of $17.3 million or 46 cents per share for the nine months ended Dec 31. That includes extraordina…

A $2-million surface drilling program is planned this year by Dolphin Explorations (VSE) for its Cape Ray gold property in southwest Newfoundland. Planned by the company, which is 44% owned by Interna…

Looking ahead to the 1990s, some Canadian mines may very well be driving drifts, crosscuts and raises with a technology completely different from anything in use today. While drilling and blasting hav…

Exploration work completed by partners Quinterra Resources (TSE) and Pure Gold Resources (TSE) on the Central Patricia property near Pickle Lake, Ont., has returned strong gold values from the Springe…

Last year marked a turning point for Cassiar Mining (TSE) which reported net earnings of $3.7 million and announced plans to develop the McDame asbestos deposit near its existing open pit mining opera…

Barron Hunter Hargrave — J. Hargrave sold 35,000 to hold 4,777,200. Black Hawk — S. Dattels sold 725,000 to hold nil. Canacord — L. McCarthy sold 40,500 to hold 171,200. Canamax — Amax Gold (Can) …

I don’t know how often I’ve heard this, but it’s certainly been often enough I and in so many different contexts that for a time I came to consider it only a comfortable cliche — one of those sayings…

Several more high grade drill intersections have been reported from Newhawk Gold Mines’ (VSE) Sulphurets property north of Stewart, B.C. Sectional drilling was recently completed on eight new sections…

When an announcement that a crosscut has encountered a 52-ft orebody, assaying $11 in gold, fails to stir prices of gold mining shares, traders and the public may be excused for wondering, What’s wron…

The directors of Euro-Nevada Mining (TSE) have approved an $8- million(US) placement of 6 1/2% exchangeable debentures of its wholly- owned subsidiary, Euro-Nevada Mining Corp. Inc. to European invest…