News




Mount Wright seeks royalty payment from Exminesa

Legal proceedings by a company controlled by Lac Minerals of Toronto will soon be under way in Spain to collect a royalty owed to it by the mining firm Exploracion Minera Internacional Espana S.A. (Ex…



Controlling the price of a metal

The dream of great wealth to be obtained from control of the international price of a metal or other commodity has ensnared many an adventurer. It is heady wine and is often carried with an obsession …



Ojibway drilling on 3 properties

Drilling rigs are currently in operation on three properties (Desboues, Soissons and Rochebeaucourt), with the budget for the 1987 exploration program more than one-third committed, Ojibway Resources …


Minefinders financing

Minefinders Corp. has completed an $800,000 financing which will fund exploration on three properties near Val d’Or, Que. Of the amount raised, $440,000 was on a flow-through basis.


Follow-up drilling

Sillimanite mineralization at both Clarendon and Otter Creek in Ontario has been mapped at 1:2500; a co-operative follow-up drilling program with the Tweed office of Ontario’s ministry of northern dev…


Editorial Uranium improving the quality of life

Ontario Hydro is proud of its nuclear reactors, and rightfully so. More than one-third of the province’s power is generated by nuclear fuel at a cost that is probably the cheapest in the world. Nuclea…


Metalore loses appeal of Ontex Res. decision

There may be a long way to go, but Ontex Resources has won the first round in a court battle to regain the Brookbank gold property near Beardmore, Ont. from Metalore Resources. Ontex says Justice D.H…


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