Alberta-listed Pacific Trans- Ocean Resources has agreed to buy the remaining interest held by Telesis Corporation in the Gordon Lake project, the company announced recently. Upon completion, Pacific …
A new process for recovering gold from its ores is being developed by scientists from the bp Research Centre at Sunbury, near London, England. An experimental pilot plant, capable of processing up to …
Two junior mining companies, Sundust Resources (symbol suw) of Sherbrooke, Que., and Mill City Gold (symbol mld) of Calgary, were recently listed on the Montreal Exchange. Incorporated in June, 1987, …
The Johnny Mountain gold mine of Skyline Resources is heading for production starting in the second quarter of 1988. The mine is located on a portion of Skyline’s Reg claims which cover approximately …
Alberta-listed Troymin Resources has received $425,000 to finance its 1987/88 Canadian exploration program, the company said recently. According to Troymin, a $250,000 placement with MTC Oil and Gas F…
More than 50,000 ft of core drilled in the vicinity of the F-zone deposit at the Mattabi mine in northern Ontario have been moved from temporary storage for examination. An additional 20,000 ft have b…
Six holes have now been put down by Flint Rock Mines on its leased Shabu Lake gold property, 43 miles east of Red Lake in northwestern Ontario. All intersected the main vein, with appreciable visible …
An agreement has been worked out between Val d’Or Resources of Val d’Or, Que., and Sofimines 1987 and Co., Ltd Partnership whereby Val d’Or will issue flow-through shares at $1.20 per share worth a mi…
While not setting any records, trading activity on the Montreal Exchange seems to be recovering to pre-year-end levels, with similar mixed results. Daily volumes during the holiday period sunk to as l…
The common stock of Belmoral Mines of Toronto, which is listed on the Toronto, Montreal and Vancouver stock exchanges, is now trading on nasdaq (symbol bmeef), the over-the-counter market system in th…
Pegasus Gold has completed an initial evaluation of the Zaca property in California, currently held by California Gold Mines of Vancouver. Under the terms of a memorandum of understanding with Califor…
On Sept 26, the Senate of the United States proclaimed the week of April 24-30 as Mining Awareness Week by adopting Senate Resolution 289. Mining Awareness Week coincides with the dates of amc’s MINEx…
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