Good values found at Globex property
Globex Mining (ME) of Rouyn- Noranda recently announced some significant gold values at its Duquesne West property in Duparquet and Destor twps. in Quebec. While analyzing some old drill core the comp…
News
American Barrick reports 31% jump in net earnings
The 31% increase in net earnings for American Barrick Resources (TSE) in the first nine months “reflects strong growth in production, a substantial increase in operating income and a higher averaged r…
Canaustra Gold acquires China First shares
Canaustra Gold (VSE) has agreed to acquire 1.2 million shares of China First Capital (VSE) and will receive 600,000 share warrants exercisable for one year into common shares of China First at 80 per …
Latest results from War Eagle disappoint market
What had been touted as a major new gold discovery in southwestern Idaho appears to have fallen short of expectations. Indeed, investors greeted the latest results from War Eagle Mining (VSE) with a m…
Alberta Stock Exchange Scotia Prime a mover
An exploration program undertaken by Golconda Resources at its Morning Glory gold property in Idaho continues to hold the attention of Alberta investors. As news spread that Golconda is mobilizing a d…
Encouraging results from Kennedy River
The first three holes of a $1 million exploration program by International Coast Minerals (VSE) on its Kennedy River properties on Vancouver Island, B.C., have all intersected gold mineralization. The…
Orofino contemplates next move at remote Canuc bet
With all the results in now from a 10,000-ft drill program at the Canuc Resources (TSE) property in the Northwest Territories, Orofino Resources (TSE) is contemplating its next move. Orofino can earn …
Golden Tanager completes Pickle Lake area work
Surface exploration has been completed by Golden Tanager Resources (COATS) on its two Pickle Lake area gold properties. On the company’s 84-claim North Caribou property, located 166 km north of Pickle…
Graphite drawing an exploration crowd (November 21, 1988)
Yet another Canadian mining company has entered the search for graphite. Quebec-based junior Mazarin Inc. (TSE) plans to spend almost $1.1 million between now and next May exploring for graphite, as w…
Muscocho companies to convert loans into common shares
Loans worth a total of $23.5 million from Echo Bay Mines (TSE) will be converted into common shares, Muscocho Explorations (TSE), Flanagan McAdam Resources (TSE) and McNellen Resources (TSE) report. T…
Lead supply keeping pace with demand
It hasn’t been such a bad year for lead during these profitable times of higher prices for base-metal commodities, with the metal averaging about 29 (US) per lb on the London Metal Exchange so far thi…
Price stability seen for metals in short-term
Reasonable stability for base- metal prices is expected at least for the next few months, and possibly for the next year or two, says the chief executive officer of the Mining Association of Canada. G…