Toronto-based Northgate Explorations (TSE) has dipped into its treasury for the fourth time this year to pick up a 20% interest in Audrey Resources (TSE) of Rouyn- Noranda, Que. Under an agreement, No…
With gold production last year of 306,000 oz and earnings nearly triple what they were in 1986, Lac Minerals (TSE) isn’t about to forget the value of field work in uncovering new deposits. “Our explor…
I read with great interest W. Babe Woollett’s April 11 “Odds ‘n’ Sods” article in The Northern Miner on the demise of Joe Siscoe. I knew Joe Siscoe and he was not a prospector. His brother, the late S…
Viewing the finished product is always the highlight of any new mining operation whether it be base or precious metals. And it wasn’t any different for the “official” gold pour at Hycroft Resources & …
A deep drilling program is planned on Sutton Resources’ (VSE) Creede, Colo., silver prospect following an option agreement with Denison Mines (TSE). Denison has an option to earn a 55% interest in the…
It’s not likely that conflicts over land-use policy will ever be resolved. The debate about how strict regulations should be governing extraction of natural resources on public land will always be in …
For the third week in succession, investors placed their bets on International Baslen Enterprises’ 3,000- acre gold property in the heart of Val d’Or Que. With established reserves in place and explor…
Despite a work interruption at the Little Bald Mountain mine in Nevada, higher gold prices enabled Ireland-based Ennex International to report a slight increase over 1986 revenues. Ennex holds a 22% i…
Bachelor Lake Gold — Quebec Sturgeon bought 25,000 to hold 3,866,666. Brenda — Noranda bought (private) 29,478 to hold 2,340,020. Canadex — J. Riddell bought 60,000 to hold 152,000. Carolin — J. B…
Three related companies in the energy and mineral resources industries reported healthy profits for 1987. Conwest Exploration (TSE) recorded net income of $33.9 million ($3.01 per share) compared with…
Early results from a 33,500-ton bulk sample at the Francoeur gold property near Rouyn-Noranda, Que., have partners Rouyn Mining Resources and Lac Minerals excited. The bulk sample should be finished b…
Ongoing underground exploration is boosting reserves at Gunsteel Resources’ (VSE) Nugget property near Salmo, B.C. Latest calculations show a total of 223,700 tons of ore grading 0.331 oz gold per ton…
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