Cyprus resumes drilling at Kerr mine
Drilling has resumed at Deak Resource’s (TSE) Kerr mine property in Virginiatown, east of Kirkland Lake, Ont. Two underground drills are on site and a third, surface, drill will be added shortly. Proj…
Drilling has resumed at Deak Resource’s (TSE) Kerr mine property in Virginiatown, east of Kirkland Lake, Ont. Two underground drills are on site and a third, surface, drill will be added shortly. Proj…
Among the trends that can be traced through this mining year is a significant rise in the number of gold operations reopened and base metal mines suspended (see Table 1) as of July 1. With 16 openings…
The Sudbury, Ont., plant of Dyno Nobel has become the first explosives facility in North America to meet the ISO 9000 standard. The ISO 9000 quality control standards were developed by the Internation…
Drills are turning on the Cross Lake kimberlite target in the Northwest Territories, with at least five holes planned. Ashton Mining of Canada (TSE) is earning a 51% interest from Pure Gold Resources …
A private placement of several hundred thousand units of Republic Goldfields (VSE) has been completed. The placement has gross proceeds of US$1.6 million, with each unit priced at US$2.25. A unit cons…
Kingsvale Res. — 937,500 shs @ 75 cents. Penn-Gold Res. — 600,000 shs @ 46 cents. Wheaton River Minerals — 3,575,000 units issuable upon exercise of special wts, each unit consisting of one common …
Percussion drilling is expected to begin shortly on Bishop Resources International Exploration’s (CDN) Guadalupe gold property in northwestern Mexico. The program will focus on the Bentley Hill zone w…
Following trenching, sampling and assaying at its Cumaral gold project in northwestern Mexico, Aronos Multinational (CDN) says it has outlined sufficient tonnage and grade to warrant production. Amena…
Kaleeda Enterprises (ASE) has entered a 50-50 joint venture with mining consultants R.F. Fry & Associates (Pacific) to develop and operate three properties in northern Chile. Two of the projects are c…
With the Christmas doldrums fast approaching, western markets finished little-changed over the period ended Nov. 30. Although weak oil prices helped push gold down to the US$370-per-oz. level, the yel…
Antares Mining and Exploration (TSE) has gained access to the Long John Eight orebody at the Lady Lina gold property in Zimbabwe. Underground development is planned to evaluate and upgrade, to reserve…
Underwriters Sprott Securities and Levesque Beaubien Geoffrion will issue two million special warrants of Richmont Mines (TSE) to Canadian investors in December. Each warrant, priced at $4, will entit…
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