Bakra Res. makes Sannorm estimate
Vancouver-based Bakra Resources (VSE) has made an initial reserve estimate for the A zone at its Sannorm gold property near Rice Lake, Man. Bakra is earning a 50% stake in the 1,500-acre property from…
News
Skyline drilling to expand reserves
Based on results from an underground drilling program that began last fall, Skyline Gold Corp. (TSE) expects to prepare an updated reserve report at the end of April. The company is operator and 100%-…
Pegasus options Comet mine
U.S. gold producer Pegasus Gold Corp. (TSE) has signed a letter of intent to option the Comet mine property in Montana held by High River Gold Mines (VSE). Located just six miles from Pegasus’ Montana…
Black Swan plans Nevada program
An 8,000 ft drill program is planned this spring by Black Swan Gold Mines (TSE) on its Barrel Springs prospect in Pershing Cty., Nev. The property is held under option from Pershing Gold (SSE). The pr…
Sheridan buys more New Golden Sceptre
Mining entrepreneur J. Patrick Sheridan has filed notice with the Toronto Stock Exchange of his intention to acquire up to 915,763 additional shares of New Golden Sceptre Minerals (TSE) on the open ma…
Chinese get close look at Canadian mining
Canada’s gold industry may not be all that old when compared with China’s, but it appears Canadians may be in a position to teach a mining trick or two to the Oriental nation. A small delegation of Ch…
Corona sues to halt bid by Goldcorp
A lawsuit has been launched by Corona Corp. (TSE) in the Supreme Court of Ontario dealing with the takeover battle for associated companies Dickenson Mines (TSE) and Kam-Kotia Mines (TSE). The legal a…
People (April 10, 1989)
URANIUM RESOURCES — Joe H. Card appointed vice-president marketing; Kelly L. Biddle appointed vice-president, plant manager.
Juneau conference
The mineral potential of southeast Alaska, western British Columbia and the Yukon Territory will be addressed at “Conference Juneau,” a symposium being held April 19-22 in Juneau, Alaska. Two full day…
Chesbar, Murgold into test milling
Test milling of material from the Chester Twp. gold property of Chesbar Resources (TSE) and Murgold Resources (TSE) near Gogama, Ont., is under way. The companies — Chesbar has a 60% interest and Mur…
Minnova, Laramide plan work on Lara
A major exploration program is planned this year on the Lara deposit of Minnova Inc. (TSE) and Laramide Resources (TSE on southern Vancouver Island. The Lara massive sulphide deposit has drill- indica…
Val d’Or, Abcourt deal
An agreement between Val d’Or Resources (ME) and Abcourt Mines (ME) concerning the Vendome zinc-gold deposit has been renegotiated. Located near Val d’Or, Que., the Vendome deposit hosts reserves of 3…