In an annual meeting speech, delivered with all the gusto of a southern baptist preacher’s Sunday morning sermon, American Barrick Resources (TSE) Chairman Peter Munk promised recently not to digress …
Mohave Gold Inc. (ASE) has announced it will begin three programs, recommended by MineStart Management Inc., to run concurrently on its Pilgrim mine project, 21 miles northwest of Kingman, Mohave Cty….
Visible gold has been noted in seven percussion holes completed on Cascadia Mines & Resources’ Cariboo-Kiethley Creek properties in southwestern British Columbia. Just over a year ago, the company ent…
New Century Resources (VSE) has executed an option with Buxton Placer Exploration to acquire a 50% interest in certain placer leases in the Likely area of British Columbia. Because of uncertainties re…
Some of the big traders of recent weeks were active once again as Ottawa offered a lifeline to junior exploration companies by extending the present flow-through financing system until the beginning o…
Drilling will resume this month on the polymetallic Big Island Lake project near Flin Flon, Man., Goldbrae Developments (VSE) reports. The company says 19,000 ft of drilling has been completed to date…
After selling a 43% interest in the Bateman Twp. project near Red Lake, Ont., Phoenix Gold Mines (TSE) strengthened its cash position in 1987 the company said recently. As a result of the sale to McFi…
Things are looking up for Canada Tungsten Mining Corp. (TSE), it says. Not only is the company re- opening its ammonium paratungstate (APT) plant at Fort Madison, Iowa, but President Wayne Lenton told…
There’s no doubt the price of copper, which topped $1.40(US) per lb at the end of 1987 but has settled back into the 90 cents -$1.10 range of late, has spurred mining activity of the base metal. Figur…
Denying a charge by Zenmac Zinc (ASE) that it acted in bad faith in developing the Winston Lake polymetallic deposit in northern Ontario, Minnova Inc. (TSE) has launched a counterclaim in the Supreme …
After two years of concentrated exploration at its Val d’Or, Que., land holdings, Toronto-based Aur Resources (TSE) will make its debut this September as a Canadian gold producer. The Toronto company …
A private placement agreement between Eastfield Resources (VSE) and Placer Dome (TSE) gives the latter the right to acquire up to 40% of the outstanding shares of Eastfield. Subject to regulatory appr…
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