American Barrick Resources of Toronto is faced with a couple of problems which every mining company would love to have. Recent deep drill results at its Goldstrike property near Elko, Nev., have been …
Good drill results from a neighboring claim has moved Ark La Tex to take another look at its Sunset Lake prospect, located 70 miles east- northeast of Yellowknife. Ark La Tex has an option to earn 60%…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Jan. 12 Jan. 11 Jan. 8 Jan. 7 Jan. 6 Copper 1565-1570 1600-1605 1560-1565 1585-1595 1640-1645 Lea…
Nineteen eighty-seven marked the first full year of operation for the Ontario Ministry of Northern Development and Mining’s Division of Mines and Minerals. This division was set up to better serve the…
News of an important looking gold discovery southeast of Faro, Yukon, has pushed several Pezim Group stocks into the limelight including Golden Nevada Resources. The man friends and foes alike call “T…
An option to acquire a 100% interest in a 2-claim unit, 3,000-acre gold prospect in northwestern Manitoba has been obtained by Goldbrae Developments of Richmond, B.C. The company has agreed to spend $…
Borealis Exploration owns a substantial interest in both Noble Peak Resources and Faraway Gold Mines. Much has been happening with Borealis, although it appears to never receive any mention in your ne…
Placer Dome Inc. has fully exercised its option to earn a 60% working interest in Melrose Resources’ Blackstock Twp., property 30 miles southeast of Timmins, Ont., Melrose announced recently. So far, …
Drilling by partners Canamax Resources and Pacific Trans-Ocean Resources on their equally held Ketza River property in the Yukon, has encountered high-grade mineralization from an oxidized unit in the…
A steering committee has been established to consider the viability of creating a Mining Hall of Fame. Represented on the committee will be the Mining Association of Canada, the Prospectors and Develo…
Just when the first vestiges of a rally appeared to be emerging, the sheer nervousness of the market stopped the fledgling advance dead in its tracks. The New Year’s four- day rally, which saw 110 pts…
Neptune Resources has completed a $2-million flow-through share financing which will fund the “immediate development on Neptune’s Colomac project,” in the Northwest Territories. The company is proceed…
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