News

Vancouver-based Seadrift International Exploration reports encountering 188 ft of disseminated and massive sulphide mineralization in hole DDH 88-4, from 844 ft to 1,032 ft, at its wholly-owned Alderm…

It might take a while before Golden North Resource Corp.’s Canty mine property in the Hedley area of British Columbia is developed by Mascot Gold Mines, but things could be different for the historic …

With production scheduled for mid-1989, Minnova Inc. has begun in-fill drilling on its Samatosum silver deposit, northeast of Kamloops, B.C. The company has a 70% interest in the deposit and Rea Gold …

With further financing firmed and three separate gold exploration deals in place, all with with major companies, the current year should be another active and interesting one for San Paulo Exploration…

The Canadian mineral industry has spent a great deal of time in the past decade reacting after the fact to changes in the economic, political and social environment that have seriously affected its pr…

An additional 909,100 shares of Wharf Resources have been purchased by Dickenson Mines of Toronto, boosting the latter’s holding in the former to about 5.7 million shares, or 32.8% Dickenson, which re…

Levesque Beaubien will test the financial waters “in the next little while,” to raise exploration funds for NovaGold Resources, The Northern Miner has learned. Geological consultants, Watts, Griffis &…

An exploration program is planned this year by Chapleau Resources on ground it holds in the Purcell mining camp of southeastern, British Columbia. The program, which could involve about 12,000 ft of d…

Eight metals — nickel, gold, silver, zinc, lead, copper, iron and molybdenum — accounted for about 94% of the total $7.5 billion value of the more than two dozen metals (excluding uranium) produced …

Minnova’s exploration activity in 1987 continued to focus on polymetallic massive sulphide base and precious metal mineralization in selected paleo volcanic environments in Quebec, Ontario and British…

Kiena Gold Mines realized net income of $9.56 million or 81 cents per share on revenue of $39.6 million in 1987. The Placer Dome affiliate attributes the improved bottom line to stronger gold prices w…

Drilling by RCJ Resources has extended the known dimensions of the Sakoose gold zone. Located in northwestern Ontario, the Sakoose mine was a former producer which yielded 3,669 oz of gold from ore gr…