News

Skyline Gold goes it alone with $2 million program

Financially embattled Skyline Gold Corp. (TSE), which owns and operates the Johnny Mountain gold mine in the Iskut River region of British Columbia, has terminated discussions aimed at finding a purch…


Cross Lake adds to Lac St. Jean claims

Cross Lake Minerals (VSE) and its joint venture partners, Tarzan Gold (ASE) and Glen Auden Resources (TSE) have added an additional 42 claims to the 64 already optioned by them in the Lac St. Jean are…


Seabee project nearing mine status

Depending on the results of a final feasibility study, the next gold mine to go into production in northern Saskatchewan could well be the Seabee deposit 100% owned by Saskatoon-based Claude Resources…


Shaft sinking completed on Tundra project

Shaft sinking has been completed by partners Noranda Inc. (TSE), Hemlo Gold Mines (TSE) and Total Energold Corp. (TSE) on their Tundra gold project, 130 miles northeast of Yellowknife, N.W.T. Part of …




Glimmer, Noranda deal

Glimmer Resources (VSE) has optioned a gold prospect to Noranda Exploration, the exploration arm of Noranda Inc. (TSE). The 13-claim property is in Hislop and Beatty twps., Ont. Glimmer has also signe…


Minnova resumes drilling at Chu Chua

As part of a regional effort to secure additional feed for its 70%-owned Samatosum mill, Minnova Inc. (TSE) has resumed drilling on the Chu Chua volcanogenic massive sulphide deposit north of Kamloops…


Pioneer reports first-quarter loss

First-quarter financial results for Pioneer Metals Corp. (TSE) show a net loss of $330,000 or 2 cents a share compared with a loss of $46,000 for the period ended Mar 31, 1988. The company is expecti…


Bathurst anomaly of Sharpe Energy drawing interest

Sharpe Energy & Resources (VSE), formed some five years ago to investigate a geophysical base metal bet in New Brunswick, is not giving up in that province. Banking on geophysical findings within a fa…


Viceroy delays frustrating (June 12, 1989)

It’s been a long haul obtaining permits for Viceroy Resource Corp.’s (TSE) Castle Mountain project which was supposed to be in production over a year ago. California isn’t the easiest place to permit …



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