Located near tidewater about 35 miles southwest of Prince Rupert, B.C., Cathedral Gold Corp.’s (TSE) 100%-owned Porcher Island gold project is rapidly moving towards the threshold of a production deci…
Vancouver- based Thurber Consultants Ltd. has been selected to lead a $75,000 study of potential resource road access into the remote Iskut River area in northwestern British Columbia. The study is to…
Assuming it goes through, the proposed acquisition by Homestake Mining (NYSE) of Esso Minerals Canadian exploration and development properties (N.M., Jan 30/89) would “represent a major re-alignment o…
Several prospective EM targets, the most important of which appears to coincide with the Creek shear zone, have been uncovered on the Uskik Lake property 130 km northeast of La Ronge, Sask., Vista Min…
A $40-million financing is being arranged by Campbell Resources (TSE). The cash will be used to fund the expansion of Campbell’s Joe Mann gold mine near Chibougamau, Que. Hosting reserves of 3.7 milli…
A 20-km access road, under construction at Dolphin Explorations’ (TSE) Cape Ray gold project in southwestern Newfoundland, is half completed, the company reports. Dolphin is building the road to reduc…
In his address at the recent 77th annual general meeting of the B.C. & Yukon Chamber of Mines, President Nicholas Carter warned the mining industry that it must assume a proactive rather than a reacti…
Milton Ward, president and chief operating officer of Freeport- McMoRan Inc., was recently elected as chairman of the board of the American Mining Congress (AMC) at the trade association’s annual meet…
GOLD TORCH RESOURCES — Douglas E. McRae appointed president succeeding Jesse Martinex who remains a director.
An agreement has been signed between Faith Mines (VSE) and Ojibway Resources (ME) whereby the former has an option to acquire a 70% interest in Ojibway’s Chaste property north of Amos, Que. The agreem…
Atlantic Goldfields continued to be a volume leader as more than 250,000 shares exchanged hands. A control block in the company, which was previously held by a principal of Waverley Mining Finance, a …
Recently acquiring a 51-claim property in Summers Twp. in northern Ontario was Golden Dragon Resources (VSE). The company says the property covers a 3 1/2- mile extension of the Empire fault zone west…
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