News

Canada may soon have another platinum group metal (PGM) producer. COATS-listed Platinum Lake Technology is well financed to test a new leaching method for recycling PGMs in catalytic converters from s…

Sulphide mineralization has been located one mile north of Cominco Resources International’s (TSE) Buckhorn mine near Carlin, Nev. The new discovery is the product of a major exploration program desig…

With over $5 million in its treasury, Noble Peak Resources (ASE) says it is making progress with a number of exploration programs in the Northwest Territories. Due to a revision of the flow- through f…

Underground sampling and drilling on the Dome Mountain property has returned high grade gold values, Teeshin Resources (VSE) reports. Located near Smithers, B.C., the Dome Mountain project is owned by…

A positive feasibility study has been received by Consolidated Professor Mines (TSE) for the company’s 100%-owned Duport gold project. Completed by the consulting firm of Wright Engineers, the report …

R. Anthony (Tony) Barker, who was in charge of AMAX’s Canadian exploration activities during the late 1950s and 1960s, died recently in an automobile accident in Portugal. Born in Vancouver in 1924, B…

A rush by investors to catch a piece of the summer rally added another 27.02 pts to the composite index today, pushing it to a new post-October 19th high. For the week, the index has gained more than …

A joint venture consisting of USMX Inc. (NASDAQ) and Pegasus Gold (NASDAQ) has encountered “potentially significant gold mineralization” on their Winrock and Casino properties in the Alligator Ridge t…

Canacord Resources (TSE) is trying to sell its 9.9% interest in the Premier Silbak gold property but hasn’t ruled out the possibility of putting up its share of the financing to put the property into …

One of the various means of raising money for exploration and development that seems to be growing in popularity is the gold loan. Recent news out of Quebec is that a junior, Nova-Cogesco Resources, h…

At least four new gold-bearing zones have been identified at the Simkar project located near Val d’Or, Que., Ronrico Explorations (VSE) reports. President D.J. Kemp says management estimates probable …

The highest grade gold values at Huntington Resources’ (VSE) Brett property near Vernon, B.C., appear to occur at a specific elevation; and this may partly explain why several recently announced holes…