News

U of T opens new centre for earth sciences research

The University of Toronto’s new $57-million Earth Sciences Centre, officially opened by Ontario Premier David Peterson Oct 16, will house one of the largest research facilities on the university’s cam…


Hycroft reports record gold production

Operating improvements at the Crofoot-Lewis open pit mining operations in Nevada have boosted quarterly gold production to a record high for Hycroft Resources & Development. Hycroft, a 59%-owned subsi…


Obituary – Viateur Audet

Viateur Audet, a well-known prospector from Val d’Or, Que., died Oct 2. He was 54. Born in St. Mathieu, Que., on Jan 9, 1935, Audet was a prospector for 40 years. He worked all across Canada but most …



Output improving at Magino mine

Operations at the Magino gold mine of McNellen Resources (TSE) and Muscocho Explorations (TSE) are slowly picking up, the companies report. The mine, situated in the Wawa area of northern Ontario, tur…


Brex to acquire graphite property

An option agreement has been signed by Exploration Brex (ME) to allow it to acquire a 100% interest in a graphite property in Preston Twp., about 12 miles from Mont- Laurier, north of Montreal. Brex r…


New Earth Scienes Centre opened at U of T campus

A new $55.5-million Earth Sciences Centre was officially opened on the main campus of the University of Toronto in Ontario recently. At the centre’s 400-seat lecture auditorium, Ken Babcock, assistant…


Dundee-Palliser to drill near VSM zinc discovery

Toronto-based Dundee-Palliser Resources (TSE) is preparing to start a $300,000 exploration on a group of 142 claims adjoining VSM Exploration’s (ME) zinc project in northwestern Ontario. So far at Gre…


Noranda can earn 50% of Soledad

An agreement in principle has been reached between Golden Queen Mining (VSE) and Noranda Exploration which would see the latter company spend $5 million (US) on Golden Queen’s Soledad Mountain propert…


Project pipleine’ key to growth

A mere six years ago, three of the gold mining companies represented at the Goldman, Sachs mining seminar here did not exist. That point, made during a panel discussion by Ned Goodman, chairman and f…


Dolly Varden drilling confirms base metal potential

Results from a series of new drill holes on the Dolly Varden properties near Stewart, B.C., has Dolly Varden Minerals (VSE) planning a substantial drill program to further test the property’s potentia…


Granges to close Tartan Lake

Citing weak gold prices as the primary reason for the decision, Granges Inc. (TSE) announced it will suspend operations at the troubled Tartan Lake gold mine in Manitoba. The company said operating co…


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