There’s no denying that Vestgron Mines has had its share of ups and downs over the past year, but now that this Toronto-listed company has been acquired by a private Halifax-based investment company, …
Gold exploration areas in Ontario that have been known for years keep coming up with surprises and the potential for more and better mines. Hemlo was worked over pretty well before International Coron…
Platinova Resources, a private company which is a wholly-owned subsidiary of Toronto-listed Black Hawk Mining has entered into an agreement with Cominco American, a wholly-owned subsidiary of Cominco …
An underground exploration program budgeted at $7.1 million, has been proposed for Abitibi Resources, Bevcon-Buffadison property near Val d’Or, Que. Abitibi and affiliate company Mid-Canada Gold & Cop…
Perrex Resources says it expects to spend most of its exploration funds — $2 million this year and $1 million in 1988 — in the Harker Holloway gold camp area in northeastern Ontario, on its property…
Underground development work and diamond drilling have boosted reserves at Gunsteel Resources’ Nugget mine property in southeastern B.C. closer to the desired threshold for production. The company’s i…
Reactivated under well-known mining engineer Peter Howe, Alberta-listed Ateba Mines is making its mark in the Beardmore camp of Ontario, having optioned or acquired in that camp about 20 km of contigu…
MFC Mining Finance Corp. recorded a net income of $3,554,230 (29 cents per share) from revenues of $24,635,111 for 1986. Consolidated cash flow from operations amounted to $11,791,735 (96 cents per s…
Augdome Corp made a slight advance to 28 cents -33 cents . The company, which holds a large land position southeast of the big Dome mine near Timmins, Ont., has received an offer from Diepdaume Mines …
Two agreements to finance exploration programs for 1987 have been signed by Cambior Inc. The first contract is with CMP 1987 (Quebec) Resource Partnership and Co. Ltd., for the financing of exploratio…
Renox Creek Resources has changed its name to Equinox Entertainment Corp. on a share-for-share basis.
Geochemical sampling has been completed on Lakeshore Minerals’ property in Maricopa Cty., Ariz. The work has identified several zones of anomalous gold values associated with arsenic and antimony. Du…
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