Ketza River gets best results yet
The Ketza River gold mine enjoyed its best operating month yet since starting operations last summer. Operated by Canamax Resources (TSE) and held equally with Pacific Trans-Ocean Resources (TSE), the…
News
INSIDER TRADES (October 24, 1988)
Anglo Canadian Mg — R. Stokes bought 23,000 (Aug-Sept) to hold 572,401. First Canadian Gold — J. Gill bought 400,000 (private) to hold 1,441,413. Mahogany — Goldsil Res bought 48,700, sold 83,500 (…
Skylark, BP hit sulphides while drilling CM property
Vancouver-based Skylark Resources (VSE) and partner BP Resources Canada (TSE) have hit on a 78-ft intersection of massive and stringer sulphides at the CM claim project north of Kamloops, B.C. The joi…
Sutton drilling at Creede silver property
A deep drilling program is under way on Sutton Resources’ (VSE) Creede silver property located in Colorado. The program consists of two holes, both about 2,000 ft in length, and is designed to test th…
Toronto Stock Exchange Little cheer on anniversary of Black Monday
Investors found little to celebrate today — the first anniversary of Black Monday. Although those wild and tumultuous days of mid- October are behind us, the uncertainty and damage wreaked by the mar…
Drill program for Nickel Plate mine
Golden North Resource Corp. (TSE), owned 42% by Corona Corp (TSE), appears to be spending substantial money in an effort to find new gold deposits in the area of Corona’s Nickel Plate mine near Hedley…
Warm weather allows Gold City Resources to up placer output
Production and gold grades are both up at the Indian River placer project, Gold City Resources (ASE) said recently. Located 35 miles southeast of Dawson City, Y.T., Indian River is a joint venture inv…
Judgment reserved in Lac/Corona case
Judgment was reserved by the Supreme Court of Canada in an appeal by LAC Minerals (TSE) to overturn an Ontario Supreme Court ruling and win back the lucrative Page-Williams gold mine located in the He…
Reed Lake drilling Wawa gold property
Drilling is scheduled to begin this month on Reed Lake Exploration’s (ASE) gold property, located northwest of Wawa, Ont. The 19-claim property hosts an iron sulphide deposit containing 900,000 tons o…
Drilling resumes at Lac Rouleau project
Drilling will resume this month on the Lac Rouleau gold project, partners Beaufield Resources (TSE) and Falconbridge Inc. (TSE) say. Located in Urban and Barry twps., Que., the Lac Rouleau project was…
Hardrock Extension
Encouraging gold assays have been received by Hardrock Extension (TSE) from the company’s gold property near Geraldton, Ont. Surface stripping and sampling have tested the VG zone for 80 ft. Some of t…
Magino mine officially open Photo by Muscocho Explorations
Attending the ribbon-cutting ceremony at the joint-venture Muscocho Explorations (50%) and McNellen Resources (50%) Magino mine were, from left: Frank Johnson, Muscocho’s general manager mining operat…