Reserve calculations to be used in generating mining reserve figures for the advanced Sulphurets project in northwestern British Columbia are now in progress. The property is owned 60% by operator New…
Northgate Exploration (TSE) and affiliate Westfield Minerals (TSE) have agreed to pool several assets into a holding company. Known as Norwest Holdings, the company will own an 18% interest in Whim Cr…
The principal operating companies involved in the adjacent Mishi and Magnacon gold projects, Granges Exploration (TSE) and Muscocho Explorations (TSE), have agreed in principle to test mill up to 200 …
First Mississippi Corp. has reported a pre-tax operating profit of $2.5 million from its minerals division for the year ended June 30. The profit, which compares with a $200,000 loss a year ago, refle…
The Polish mint has struck a one-troy-pound gold coin to commemorate the tenth anniversary of Pope John Paul II’s election as pontiff. Even though there are only 300 of the 0.999% pure gold coins mint…
Drilling below the 500-ft level at the Magino gold project in northern Ontario confirms the downward persistence of the property’s multiple-vein system, say project partners Muscocho Explorations (TSE…
Channel samples taken from recent underground work at the SB property near Stewart, B.C. returned impressive values in a number of metals including gold, silver, copper, lead and zinc. Tenajon Resourc…
The first of several test milling runs was recently completed at Mark V Petroleums and Mines’ (VSE) Bagdad gold property near Philipsburg, Mt., where the Vancouver company is tracking a number of high…
Pre-production development is proceeding on schedule and within budget on Augmitto Explorations’ (TSE) Beauchastel gold property near Rouyn, Que. The company reports that construction of a 1,000-ton-p…
Week’s Price (US) Change Gold (per oz) $404.70 $7.45 Silver (per oz) $6.26 $0.04 Platinum (per oz) $517.00 $10.00 Copper (per lb) $1.27 $0.08 Lead (per lb) …
Gold watchers can take heart from the progress of the Varna Gold issue which proved single handedly that even in the current market climate, investors still care about drill results. Encouraging resul…
The discovery of kimberlite, a diamond-hosting rock, near Prince Albert by Monopros Ltd., a subsidiary of DeBeers Mining Company, has many people thinking there could be. Several majors have secured l…
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