News



Aur eyeing production and big profits in 1988

Debt free and possibly into gold production by spring, 1988. No wonder James Gill, president of Aur Resources, was in an upbeat mood when he recently chaired his company’s annual meeting. The junior e…


Noramex evaluatinng potential heap leach

A potentially viable heap leach situation in Nevada is being evaluated by Noramex Minerals. President Brian D. Fairbank says probable reserves now stand at about 85,000 tons grading 0.074 oz gold, hig…



News in Brief (March 09, 1987)

Terratech Resources says arrangements have been completed to dispose of its remaining interest in Health Development Services. President Hugh Cameron says profit on the transaction will be reflected i…


More holes ‘click’ for North American, Dundee

Diamond drilling continues to meet with encouragement on the Casa Berardi joint venture gold property of North American Rare Metals and Dundee-Palliser Resources in Vezza Twp., 25 miles south of Matag…


Bruneau interest in Montclerg prospect

Bruneau Mining Corp says it has an agreement in principle with Montclerg Resources, for Bruneau to earn a 60% interest in Montclerg’s gold property in Walker and Clergue twps., near Timmins, Ont. Brun…


Exploration heats up Northwest Territories

With the resounding success of the Lupin gold mine which produced nearly 194,000 oz of gold last year at its site just 56 miles south of the Arctic Circle, many junior companies are following the exam…


Queenstake plans precious metals probe

Queenstake Resources is raising up to $600,000 for exploration of its B.C. and Yukon precious metal properties, the company reports. The funds, resulting from a financing agreement with NIM and Co. Lt…


Power plans work on Jaeger property

Power Explorations intends to conduct additional exploration on ground held by Jaeger Resources in the Opapimiskan Lake area of northwestern Ontario. The 99- claim property is shared equally by the tw…


PDA service awards for Laurin, Seigel

Distinguished service awards are being awarded this year to Dr. Andre F. Laurin, assistant deputy minister of Quebec’s energy and resources ministry, and Dr. Harold O. Seigel, president of Scintrex Lt…


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