Murgold, Chesbar pleased with test
Testing of 10,856 tons of stockpiled material from the Chester Twp. gold project southwest of Timmins, Ont., confirmed the material is amenable to gold recovery by gravity flotation methods, Murgold R…
1989
Gold Standard, Big Pony exploring for gold in Uruguay
Although Uruguay has never witnessed significant, sustained gold exploration in the past, the small South American country is experiencing somewhat of a gold boom led by companies such as Bond Interna…
REDSTONE NICKEL
The first load of ore came up from underground just this spring. But already, the Redstone nickel operation near Timmins, Ont., has shipped a million lb of nickel in concentrate to the Sherritt Gordon…
Thermal Sept 20
A partnership between Western Copper Holdings, a wholly owned affiliate of Teck Corp. (TSE) and Thermal Exploration (ASE), has been organized to examine the mine-making potential of the Williams Creek…
Inco reports Snow Lake reserves
A new reserve calculation has been completed by Inco Gold, a wholly-owned affiliate of Inco Ltd. (TSE) for the former producing Snow Lake gold mine in Manitoba. Held under option from High River Gold …
Int’l Coast completes study on Polish project
Although risk factors concerning the political environment were n’t taken into account, International Coast Minerals (VSE) has received a positive pre-feasibility study by Wright Engineers for its pro…
Placer Dome to explore Wheaton River
Although still subject to shareholder and regulatory approvals, Placer Dome (TSE) has secured an agreement allowing it to explore and develop a large land package held by Skukum Gold (VSE) in the Whea…
Coleraine gets grant
Ressources Minieres Coleraine (ME) has received a $100,000 grant from the Quebec and federal governments. The money will fund a portion of a first-phase evaluation of the company’s ferrochrome project…
Suggestion Box MORE ON GEOSTATS
About 80% of the exploration budget of mining companies is devoted to the search for gold deposits. Over a 10-year period, this exploration effort has resulted in the discovery of gold mines with a va…
Forbex hoping to raise funds
A preliminary prospectus has been filed by Ressources Minieres Forbex (ME) with the Quebec Securities Commission for an offering of common shares, flow-through shares and warrants worth up to $1.625 m…
Noranda’s Geco seeks prospecting rush
Noranda Inc. (TSE) could use a little help from junior exploration companies in finding a new base metal deposit in the Manitouwadge area, and new geophysical surveys could provide the incentive to at…
Golden Zone in deal with Placer Dome U.S.
Anchorage-based Golden Zone Resources (VSE) has signed a letter of intent granting a U.S. subsidiary of Placer Dome (TSE) an option to earn a 60% interest in its 100%- owned Golden zone property in Al…