A drilling program will begin shortly on the South Block A and B claim groups in the Voisey Bay area of Labrador.Partners Dragoon Resources (VSE) and Consolidated Brenzac Development (VSE) are earning…
A feasibility study has been completed on one of 25 prospective gold deposits found on Greenstone Resources’ (TSE) 75%-owned La Libertad concession in Nicaragua.The study concluded the Mojon deposit, …
The Canadian Space Agency’s Radarsat satellite was successfully launched from Vandenberg Air Force Base in California on Nov. 4.Unlike standard earth observation satellites, which have sensors that pr…
Joint-venture partners International CanAlaska Resources (VSE) and All North Resources (VSE) completed an initial phase of four drill holes at the Konrad property in the Voisey Bay region of Labrador….
The Central Selling Organization will be increasing its prices for rough gem diamonds of 2 carats and larger by an average of 5%, with the increase to take effect with the sight beginning Nov. 28, 199…
A flow-through financing completed by Eastmain Resources (CDN) has netted the company $315,000. The funds will be used for diamond drilling at the Kidd and Akweskwa projects in the Timmins, Ont., area…
New York-listed Cyprus Amax Minerals would have turned in its highest third-quarter earnings ever, were it not for one complication: During the 3-month period, the company announced it would take pret…
Junior gold producer Silverado Mines (NASDAQ) is entering the final stage of drilling before placing the Ester Dome project into full production.The company previously operated the Grant gold mine on …
The Castle Mountain open-pit, heap-leach mine in San Bernardino Cty., Calif., continues to spin profits for 75% owner Viceroy Resources (TSE).Earnings for the six months ended Sept. 30 totaled $2.9 mi…
Drilling of geophysical anomalies discovered in airborne surveys at the OBC property of Band-Ore Resources (CDN) and First Western Minerals (VSE) has intersected disseminated to semi-massive sulphide …
A new zone of copper-cobalt mineralization has been discovered by Canmine Resources (ASE) on a northwestern Ontario property it holds under option from Falconbridge (TSE).The property, at Werner Lake,…
Two investment houses have rated Royal Oak Mines (TSE) as a “buy,” based on the company’s recent acquisitions and the settlement the company has reached with the government of British Columbia for com…
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