A series of shallow drill holes have been completed by Lacana Mining Corp. on the California Lake project, south of Bathurst, N.B. Partners include American Ore, Sparton Resources and Lynx-Canada Expl…
A management engineering group has been selected by ERG Resources, for the company’s $65-million gold tailings project near Timmins, Ont. Kilborn Ltd., an engineering consulting company, will complete…
The 8 South Zone of the Marigold gold project near Battle Mountain, Nev., will be the subject of an accelerated exploration program this year that will include a completed feasibility study, says Davi…
While fish is still considered Nova Scotia’s most valuable natural resource, Seabright Explorations is hoping to net a fortune in the province’s reactivated gold mining camp. At presstime a final pros…
The Bay Street bull has come down with a walloping case of spring fever and no one’s looking for a cure. The beast barrelled ahead 118.87 pts on the composite 300 this week, with more than half that a…
An agreement in principle has been reached between the various parties involved in an ownership dispute over the Golden Reward gold project in South Dakota. Coin Lake Gold Mines says that all the part…
A new gold zone discovery was recently announced by Snow Lake Mines on its Birch zone property located two miles from Snow Lake, Man. The new zone is approximately 4,000 ft north-northwest of the comp…
A net income of $l,896,478 (54 cents per share) was reported by Malartic Hygrade for 1986 compared with $1,892,747 (54 cents per share) for a year earlier. Cash flow from operations in 1986 was highe…
Goldenbell Resources Inc. says under a private placement arrangement Sonora Gold Corp. will purchase 9,259,000 shares of Goldenbell at $2.70(US) per share. Goldenbell says the deal is contingent on co…
High purity separated rare earths are the key to growth in the rare earths industry, Roskill News reports in a recent bulletin. “With prices up to one thousand times those of mixed rare earth compound…
Some high grade gold values have been encountered in an underground drifting program at Levon Resources’ Congress property near Goldbridge, B. C. Assays from a 36-ft section in the Howard vein structu…
Blackberry Gold Resources says that drilling and test pitting have indicated 820,000 cu m of gold-platinum- bearing gravels on its property near Princeton, B.C. Values range from $1.27 to $7.22 per m …
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