Yorbeau suspends mining at Astoria
In order to concentrate on minesite exploration, Yorbeau Resources (TSE) has suspended production at its Astoria gold mine near Rouyn-Noranda, Que.Initial results on the exploration program include an…
News
Inco options the Mag Lake property from Noble Peak
Midasco Gold, an affiliate of Noble Peak Resources (ASE) and Dejour Mines (TSE), has struck a deal with Inco (TSE) to explore the Mag Lake base metal property in the Northwest Territories.The nickel g…
STOCK MARKETS — Canadian projects fuel western markets
Even though junior companies have headed off to every corner of the world in search of new mineral discoveries, the most active issues on western markets continue to be those with properties surroundi…
Golden Shamrock buying into Tasmanian mine
An agreement to buy a 22% interest in an advanced gold project in Tasmania has been signed by Golden Shamrock Mines (TSE). The project, known as the Beaconsfield joint venture, is managed by Australia…
LABRADOR NEWS ROUNDUP — Fairstar to examine two zones
Geophysical results from Voisey Bay-area properties wholly owned by Fairstar Explorations (ME) show two anomalous zones on the company’s North block of claims near the Kingurutik River.The first zone …
Camnor and Gold Giant work Wilby
Two of five holes drilled in the Wilby zone on the Willoughby property near Stewart, B.C., have returned significant gold values.Vancouver-listed partners Camnor Resources and Gold Giant Minerals repo…
Picture brightens at Keystone gold project
Record pit and mill production has secured an operating profit for the Keystone gold project, near Lynn Lake, Man., operated by Granduc Mining (TSE) and 50%-owned by Black Hawk Mining (TSE).A new ball…
First Dynasty completes financing
The securities commissions of Ontario, British Columbia and Alberta have approved the distribution of just over 4 million shares and 4 million warrants to purchase common shares of First Dynasty Mines…
LABRADOR NEWS ROUNDUP — Dentonia searches for targets
Work on four claim blocks 40 km northwest of the Voisey Bay discovery in Labrador is continuing in an effort to outline drill targets.The claims, which comprise 21,600 hectares in total, are owned by …
LABRADOR NEWS ROUNDUP — Tasialuk Lake returns anomalies
Airborne magnetic and electromagnetic (EM) anomalies have been identified on the two Tasialuk Lake properties held by Consolidated Magna Ventures (VSE) and Econ Ventures (VSE) near Voisey Bay, Labrado…
Allegheny Mines completes drill program at Olcott
Drilling at the Olcott property of Allegheny Mines (ASE), 20 km east of Atikokan, Ont., is reported to be building potential for a gold resource.The company announced that 19 holes were drilled over t…
LABRADOR NEWS ROUNDUP — Noront Resources to share properties with Castle Rock
Vancouver-listed companies Noront Resources and Castle Rock Exploration have agreed to work together on several properties in the Voisey Bay area of Labrador.Noront will grant Castle Rock the right to…