A $2-$3-million diamond drill program is scheduled to begin in early January on Petromet Resources’ Fifteen Mile Stream gold property in Nova Scotia. The program’s objective will be to increase the cu…
Revenues and earnings of Granges Exploration are running at record levels, with operating profit for the nine months to Sept 30 of $4,621,037 and net of $1,357,078 or 9 cents per share on sales of $1…
A plan to reduce unit costs at its Globe, Ariz., facility by increasing leach-solvent extraction copper production by 25% has been announced by Inspiration Consolidated Copper, a subsidiary of Inspira…
A diamond drill program at Eastfield Resources’ Indata project north of Fort St. James, B.C., has returned some encouraging results, the company confirms. The October drill program intersected a miner…
Recent drilling at the Mishibishu Lake gold project in northwestern Ontario has extended the main ore zone to the northeast and northwest and also the west zone which is located 2,500 ft west of the m…
Alberta-listed Penway Explorers is currently negotiating a flow- through financing agreement to raise $1 million for exploration at its Labrador Trough property near Schefferville, Que. The Toronto co…
A funding agreement has been completed in principle, between Canamax Resources and its major shareholder, Amax Gold. Under the deal, Amax will make available to Canamax a $10-million (US) revolving cr…
As an owner of Belmoral Mines’ common shares, I would like to be brought up-to-date on the activities of this Toronto-based company. N.M. Prince Albert, Sask. (Set 8 1/2 pt on 10 times roman across …
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Dec. 15 Dec. 14 Dec. 11 Dec. 10 Dec. 9 Copper 1553-1558 1570-1580 1518-1522 1432-1433 1465-1470 Lea…
Three surface and two underground drills are currently working at its Bourlamaque Twp. gold property in northwestern Quebec, Wrightbar Mines reports. Among the better surface drilling results to date …
Gold production started late in October at Coldspring Resources’ placer gold mine in the Osa area of Costa Rica. The company is processing 1,000 yd per day and expects to double this by spring. Gold o…
A total of 25,275 ft of drilling has been completed on three of the 11 properties held by Golden Range Resources under an agreement with Mingold Resources, Golden Range reports. At the Manson Bay prop…
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