Amax Gold boosts Sleeper reserves
A major increase in reserves has been reported by Amax Gold Inc. at the company’s Sleeper gold mine in Nevada. High grade reserves of 3.4 million tons grading 0.376 oz of gold per ton represent a 97% …
News
Interquest results
Interquest Resources has received encouraging results from drilling on the Follansbee Red Lake property near Red Lake, Ont. The project is being funded by Red Lake and Sun Valley Resources which can e…
Muscocho results at Magnacon bet show good values
Unusually strong widths plus elevated gold values have been en countered in exploratory drifting and slashing in the South zone on the first level at the Magnacon gold project in the Mishibishu Lake a…
Imperial Metals paves way for shaft at Parys Mtn.
Engineering studies and permit approvals are in place for sinking a 1,500-ft shaft at Imperial Metals’ Parys Mountain base metals property in North Wales. The phase one shaft sinking program, which in…
Bidding for North American may continue
U.S. gold mining giant Homestake Mining has dug deeper into its pockets and made a follow-up offer for North American Metals. Although North American’s board of directors favors the new offer, the bid…
Anglo American joins TRV in Brazil
TRV Mineracao Ltda. of Brazil has granted an option to Anglo American Corporation Do Brazil to explore its Anicuns gold project in the State of Goias. TRV Mineracao is jointly owned by two Vancouver c…
Mimiska acquisition
Assets of Fern Elizabeth Gold Exploration, including 40% of the Fern Elizabeth and Hill Lake properties in the Atikokan area of northwestern Ontario, have been acquired by Mimiska Exploration. The Fer…
Teeshin suing 5 companies involved in Dome Mountain
Legal proceedings have been launched by Teeshin Resources of Oakville, Ont., in the Supreme Court of British Columbia against five companies, all of whom are involved in the Dome Mountain gold-silver …
Autumn testing date set for Goldex bulk sample
A bulk sample of 45,000 tons of stockpiled development muck from the Dubuisson Twp. gold property in northwestern Quebec will be tested this fall by Goldex Mines of Toronto. President Paul Penna told …
People (April 04, 1988)
Inspiration Resources Corp. — Burton M. Joyce appointed executive vice-president.
Seadrift drill results
Drilling by Seadrift International Exploration continues to intersect sulphide mineralization in the No 8 deposit. The project, known as the Aldermac, is located near Noranda, Que. Hole 5 intersected …
News in Brief (April 04, 1988)
Runaway Resources has changed its name to Revere Resources Ltd. (rvl:vse) on a share-for-share basis.