News

Drilling extends Goldstream orebody

Drilling at the Goldstream mine near Revelstoke, B.C., is extending the deposit down-plunge below the 350-metre level. Joint-venture partners Goldnev Resources (VSE) and Bethlehem Resources (TSE) repo…


Drills turning at Lewis Ponds

Toronto-listed Tri Origin Exploration has completed two drill holes and four wedged holes on its Lewis Ponds property in New South Wales, Australia. Hole 32, north of the deposit, intersected a 41-met…


Minefinders encouraged at Dolores

VSE-listed Minefinders is encouraged by results from geological mapping, prospecting and sampling at its Dolores gold-silver property in northern Mexico. The property is in the Madera mining district,…


India’s gold jewellers adapt to changing trends

Indian gold jewellers are trying to adapt to changing trends which have turned jewelry from a traditional middle-class hedge against inflation into a fashion accessory. They are getting help from the …


Cominco Res. advances garnet project

The remnants of a gold-dredging operation that ceased production about 70 years ago are providing Cominco Resources International (TSE) with the makings of a new mining operation. The company is worki…






Noranda testing recovery plant for magnesium

Further testing of a process to recover magnesium from asbestos tailings in the Thetford Mines area of Quebec will be pursued by Noranda Minerals. Construction of a $25-million pilot plant will start …


Sutton acquires Tanzanian prospect

Under an agreement with the Tanzanian government, Sutton Resources (VSE) has gained an 85% net interest in the Bulyanhulu gold deposit about 40 miles south of Lake Victoria. Under the agreement, Sutto…


Fosters options claims in New Brunswick

By spending $75,000 on exploration this year and $750,000 over five years, Fosters Resources (ASE) can earn a half interest in 130 claims in New Brunswick. Exploration of the 5,200-acre property will …


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