Sirios reports v.g. at Aquilon
Partners Sirios Resources (SOI-M) and Soquem have uncovered more high-grade gold at their Aquilon property in the James Bay region of Quebec.Grab samples from trenches and outcrops ran up to 295 grams…
News
Celtic expands portfolio in Newfoundland
Alberta-based Celtic Minerals (CME-V) is acquiring the Great Burnt Lake and Victoria Mine base metal properties in central Newfoundland.Great Burnt Lake is contiguous with the junior’s South Pond prop…
Lyon Lake seeks permit for Crucitas
Montreal-based Lyon Lake Mines (LLL-M) has applied for an exploitation permit for its Crucitas gold deposit in northern Costa Rica.The application includes a feasibility study that envisages the minin…
Output, revenue down for Nelson
Junior Nelson Gold (NLG-T) has slipped into the red as a result of declining production from its operations in Tajikistan.For the nine months ended Sept. 30, Nelson posted a loss of US$1.4 million (or…
Resurrection in store for Royal Oak
Better small than nothing at allIn exchange for shares, creditors of Royal Oak Mines have agreed to restructure, rename and seek a new public listing for the defunct company. Only non-voting shares of…
Billiton widens search for metals
Strong showings of polymetallic mineralization have prompted London-based Billiton to ink a deal with Altius Minerals (ALS-V) on that company’s Taylor Brook property in western Newfoundland.Billiton w…
IOCC founded, plans to raise millions for Quebec mines
The newly formed Iron Ore Company of Canada vows to raise $160 million to develop the infrastructure needed to mine the vast ore fields of northern Quebec and Labrador. As part of the deal between the…
Porcupine camp active after post-war doldrums
Mining companies at the Porcupine gold camp in Ontario are gaining the upper hand on production rates, which dwindled during the war. New discoveries at operating mines, the return of the workforce fr…
Asleep at the switch
In the early 1990s, he devoted his energies to stopping development of diamond deposits in Canada’s Northwest Territories, thankfully without success. Now John Turner has warned the world that Canada …
No Headline (December 20, 1999)
PEOPLE (December 20, 1999)
Crown Butte — Karl Elers appointed president.Dayton — Scott Brunsdon appointed senior vp and CFO.DiamondWorks — Robert Rainey appointed acting president and CEO; John Firth appointed d…
Expatriate tests gold camp
Equal partners Expatriate Resources (EXR-V) and Nordac Resources (NRQ-V) are encouraged by the results of a grassroots gold exploration program on the Armenius and Eureka properties in the Yukon.Combi…