Toronto-listed Acadia Mineral Ventures has $5.4 million in flow- through money “locked in” to finance some major exploration work in Nova Scotia over the next 12 months. Commitments have been received…
Sherritt Gordon Mines and its subsidiary, Sherrgold Inc., will be continuing their exploration efforts in northern Manitoba around Lynn Lake and northwestern Ontario, including projects near Red Lake,…
An improved fourth quarter allowed Brunswick Mining and Smelting to cut its 1986 loss to $6.9 million, compared with a loss of $5.6 million in 1985. Net earnings during the last quarter of 1986 were $…
Eldor Resources will continue to concentrate its search for uranium in 1987 on lands adjacent to the Rabbit Lake and Key Lake mills in northern Saskatchewan, says David Fountain, general manager explo…
Encouraging gold values have been received by partners Noranda Inc., Stan West Mining Corp. and Canacord Resources from their DeSantis mine property, southwest of Timmins, Ont. A first-phase $1.5-mill…
The Dome Mines Group’s basic mineral exploration budget for 1987 will be $14.2 million, compared to about $13 million in 1986. The group will contribute an additional $700,000 to a proposed $2-million…
Although budgets for some programs are still in the discussion stage, the 1987 planning for companies lying within the Muscocho Explorations umbrella calls for exploration outlays totalling about $33 …
About $15 million will be spent by Cambior Inc. this year, exploring for mineable gold deposits in northwestern Quebec and an additional $13 million has been committed by the company’s various joint v…
Exploration expenditures for 1987 are budgeted at $11.5 million as Canamax’s share on five key gold projects and grassroots exploration projects in three provinces and both territories. In central Can…
The cream of Canada’s gold producers will be on hand for the 1987 Gold Conference held March 2-3 in New York. Among companies making presentations at the conference will be Dome Mines, Echo Bay Mines,…
An important new gold discovery has been quietly worked at surface and probed by drilling on the Cassels-Duval property in the north part of Bousquet Twp., Que. Encouraging gold values were returned a…
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