News



$1.1 million targetted on Mets in Toodoggone

An exploration budget in excess of $1.4 million is being evaluated by Golden Rule Resources and Manson Creek Resources for the Toodoggone area of north-central B.C., says Manson Creek President Glen H…


Black Swan Gold confirms tonnage at Australian bets

Recent drilling has confirmed the tonnage and grade of three gold deposits at Black Swan Gold Mines’ Gabanintha project in Western Australia. In addition, the drill program delineated approximately 16…




Editorial Streets covered in gold

Not too long ago in this space, we noted the primitive methods of mining gold in a huge open pit in Brazil — where literally thousands of people swarmed in and out of the pit carrying sacks full of o…


Metal Markets Share investment advised

Invest in shares rather than physical gold, platinum or silver, J. B. Were & Son advises in a recent update. “Shares usually provide an income in addition to capital gains in excess of inflation,” the…


Lornex ups profit

Net earnings for 1986 were $27.3 million or $3.30 per share, Lornex Mining Corp. reports. That represents a 13% increase in profits over those realized in the previous year. Revenues, however, decline…


$4.5 million programs in Massive group plan

Massive Resources and associated Master Resources, and Sands Minerals have adjacent claims in the Favourable Lake, Pickle Lake and Pangis-Batchawana areas of Ontario. Recently, Massive acquired an opt…


Pezim out; Corona carries on

With or without Murray Pezim on its executive committee, and notwithstanding a legal challenge by Mr Pezim, International Corona should continue showing good results in its gold-mining activities, two…


Eider bulk sampling

A bulk sampling program is under way on Eider Mining Resources’ Lac Rose gold property. Located in Quevillon Twp., Que., the Lac Rose property is being examined by an underground exploration program. …


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