News



Cullaton Lake: crisis after crisis

On a fall day in 1960, two prospectors were tracking an iron formation through dense, soupy fog on the undulating barren lands near Henik Lakes in the Northwest Territories, about 200 km inland from E…


Gold is down the road, Denison chairman says

Gold might help the share price of Denison Mines, but it’s not likely the company will be into the gold business for some time yet. Following the annual meeting, Chairman Stephen Roman said that the c…




Golden Rule expects to do record exploration work

Direct exploration costs in the 1987 fiscal year funded by Golden Rule Resources totalled approximately $4.2 million. But it was exposed to $11 million in expenditures under various joint venture agre…



Imperial Metals

Imperial Metals reports net income for the 9-month period ended Dec 31 of $766,000 or 4.5 cents per share on revenues of $2.7 million. This compares to a loss of $54,000 or 1.4 cents per share after…


Carlson drilling Hemlo-Marathon bet

A 12,000-ft drilling program is being carried out by Carlson Mines and its joint- venture partner Black Gregor Explorations on their Hemlo-Marathon property, north of Lake Superior, Ont. The program, …



Mazarin, Dufresnoy are encouraged by first results

Encouraging first results have been released by Mazarin Inc. following drilling at the Inmont gold-copper property located 12 miles northwest of Rouyn-Noranda, Que. Mazarin, the operator, and sister c…


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