A $10-million feasibility study to be completed next year will be used by International Corona (TSE) as a bankable document to continue development of the Eskay Creek project, now estimated to contain…
Although 1991 was not a particularly good year on the financial front, Westmin Resources (TSE) enjoyed an extraordinarily successful year exploring its Myra Falls mine property near Campbell River, B….
Extensions of zone A at the Courville gold property northeast of Val d’Or, Que., may have a lower grade than that found in the centre of the zone, Cache Explorations (ME) says. A summer drilling progr…
Having completed the purchase of the Bell Creek mine and mill at Timmins, Ont., from Canamax Resources (TSE), Falconbridge Gold (TSE) says it intends to reopen the mill early in 1992 to process ore fr…
A second phase of drilling is scheduled to begin shortly on the Figuery project near Amos, Que. Mountain Beaver Resources (CDN) has an option to earn a 50% interest in the prospect by spending $4 mill…
Week’s Price (US) Change Gold* $357.50 – $10.20 Silver* $ 3.89 – $0.12 Platinum* $348.75 – $19.35 Nickel** $ 3.24 + $0.01 Lead** $ 0.24 $0.00 Copper $ 0.98 – $0.02 Zinc $ 0.52 – $0.02 Courtesy of Scot…
The outlook for resource issues on the VSE shifted from bad to worse during the week ended Dec. 17, with the resource index dropping by more than 40 points to 444.4. The composite index fared better, …
The Dome Mountain gold mine near Smithers, B.C., recently completed deliveries of 5,600 tons of ore. Timmins Nickel (TSE) is earning a 60% interest in the mine from Habsburg Resources (VSE) by bringin…
Two juniors, Freewest Resources (TSE) and Ressources Minieres Canaco (ME), are planning lawsuits seeking a total of $5.9 million in damages against Forbex Mining Resources (ME) over disputed claims cl…
Geoscientists from around the globe caught a once-in-a-lifetime glimpse of the world’s deepest diamond drill hole when they visited the Kola project in the Soviet Union recently. The drill site, 40 km…
The creation of a new territory in Canada’s north is a step closer to reality. The federal government in Ottawa and the Tungavik Federation of Nunavut in the Northwest Territories recently reached agr…
An offering memorandum has been filed with the Quebec Securities Commission for distribution within the province of a maximum of 325 units worth $1,000 each, Golden Tag Resources (VSE) says. Each unit…
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