Canamax finds high grade zinc
A high grade zinc discovery have been made by Canamax Resources (TSE) on the company’s Mt. Hundere property near Watson Lake, Yukon. The drilling, located two miles north of the company’s Jewelbox Hil…
News
Montreal Exchange Mining issues gain (October 10, 1988)
In a week in which nickel companies and the price of gold, which continues to ride under $400(US) per oz, shared the news spotlight, trading on the ME surged forward, with the market portfolio gaining…
Hemlo Gold makes $10 Million loan to Viceroy
The Castle Mountain property owned 100% by Viceroy Resource Corp. (TSE) is another step closer to becoming a new heap leach gold producer in California. A joint venture and credit agreement on the pro…
Obituaries John J. Crowhurst
John J. Crowhurst, one of Canada’s best known mining engineers died Aug 13 at the Delta Hospital in Ladner, B.C. at the age of 69. “Jack” was educated in Vancouver, graduating from the University of B…
Granges, Hemlo Gold settle differences
The differces between Granges Exploration (TSE) and Hemlo Gold Mines (TSE) with respect to the 2.2 million shares of Granges recently acquired by Hemlo Gold have been resolved. Now that the dust has s…
Franco share price scuttles Corona deal
Toronto-based Franco-Nevada Mining (TSE) has become another victim of the market malaise that is currently affecting Canadian gold stocks. With its share price down to just below $7 on the Toronto Sto…
Vancouver Stock Exchange Market active due to bargain hunting
Another quiet week, characterized by consistent low volumes and a general lack of interest in the market, has come and gone on the VSE. Brokers say investors are staying on the sidelines because there…
Denison approval for Midwest
Approval has been granted to Denison Mines (TSE) to begin a $17.5-million underground test program on the company’s Midwest Lake uranium deposit. Located in northern Saskatchewan’s Athabasca Basin, th…
Cassiar purchase of Similkameen increases sales and profitability
Depending on whom you talk to, it was either the deal of the year or the steal of the year, although the facts would seem to support the latter. In any event, the purchase by Cassiar Mining Corp. (TS…
Eastmain and partners spent $2.4 million on projects
Approximately $2.4 million has been spent this year on exploration by Eastmain Resources (TSE) and partners Westmin Resources (TSE) and MSV Resources (ME) on several projects in the Eastmain area of Q…
Chelsea Striving for Turnaround at Spotted Horse
Since the official opening of the Spotted Horse mine in central Montana a little over a year ago, Chelsea Resources (VSE) has run into more than its share of problems. The company and its partners bro…
Moderate gold/arsenic values found at Durga Res. property
Calgary-based Durga Resources (ASE) has encountered anomalous gold and arsenic values over a large area at its Ban claims in the Northwest Territories. The Ban claims are adjacent to Echo Bay Mines’ (…