New Discovery In Toodoggone
A high grade gold and silver discovery was made by Energex Minerals (TSE) on its JD property (eight miles east of the Al project), part of the company’s wholly-owned Toodoggone project in north-centra…
News
New reserves for Cathedral
A new reserve estimate has been prepared for the AT zone at Cathedral Gold Corp.’s (TSE) Porcher Island property 35 miles south of Prince Rupert, B.C. The latest estimate is based on 78 holes represen…
Questions raised over changes to Crown land-use legislation
Initial concerns raised by the Prospectors and Developers Association of Canada (PDAC) over amendments to Ontario’s Public Lands Act (Bill 137) have abated somewhat, the association’s managing directo…
Newhawk drill hole really high grade
A spectacular drill hole has been reported from the UTC zone at Newhawk Gold Mines (TSE) Sulphurets property north of Stewart, B.C. The zone was discovered earlier this year during a deep test in the …
Doron plans more drilling for Caribou Creek project
A winter diamond drill program is being organized by Doron Explorations (VSE) to continue testing a high grade gold-bearing quartz vein discovered in a recent exploration program on its Caribou Creek …
Spirit Lake contemplates next target at Jacob Twp.
After releasing some of the latest results from its Jacobson Twp. gold property near Wawa, Ont., Spirit Lake Explorations (ME) is in the process of deciding where to begin the next phase of drilling o…
News-in-Brief
NovaGold Resources (TSE) reports $202,242 in cash as at Aug 31. The company withdrew a public issue earlier this year due to “adverse market conditions.” The company is seeking joint venture arrangem…
Calpine cuts 96 ft of 0.7 oz gold
A significant new gold discovery has been made north of Stewart, B.C., by Calpine Resources (VSE), an affiliate of Vancouver-based Prime Capital. The property is 100%-owned by Consolidated Stikine S…
Weak U.S. dollar continues to hit Denison bottom line
While Denison Mines (TSE) plans to increase its uranium output to meet demand in the 1990s the company continues to suffer the effects of a weak in the United States dollar and a further drop in world…
Teck to develop Ajax orebody
Teck Corp. (TSE) has announced plans to develop its Ajax copper-gold deposit near Kamloops, B.C., about six miles from its Afton mill. Theproperty is held by Afton Operating Corp. a 73%-owned subsidia…
Preliminary Ore Reserve Released For Bellavista Project
Results of a preliminary ore reserve and open pit design study undertaken on the Bellavista gold project in Costa Rica were recently released by project operator, Rayrock Yellowknife Resources (TSE). …
Echo Bay To Develop Doc Property in Sulphurets Camp
A major work program under the direction of Echo Bay Mines (TSE) is under way at the Doc property near Stewart, B.C. Earlier this month, the major mining company was granted an option to earn a 50% wo…