During the month of January tonnage milled reached 70% of the designed rate of 26,600 tonnes, and full production is anticipated within a few months. The mill started processing ore in July. The first…
Mon-Dor Explorations says it has discovered a new gold zone on its Weir project in the Gaspe area of Quebec. First drilling results on the Diane zone have returned 0.40 oz gold per ton on average widt…
The Speech from the Throne delivered in Ontario’s legislature last year announced the creation of a Premier’s Council charged with a mandate to “steer Ontario into the forefront of economic leadership…
Optimism about Nova Scotia’s gold mining future was the keynote of the Nova Scotia Chamber of Mineral Resources’ fifth annual meeting, held recently in Halifax. A gold exploration update was featured,…
Dickenson Mines reports preliminary net earnings for the year ended Dec 31, before extraordinary items, of $4,140,000 or 36 cents per share compared to $1,707,000 or 16 cents per share in 1985. Net e…
The volume leader on the Montreal Exchange this week was, once again, North American Rare Metals. NAR traded 728,300 shares and moved up 23 cents to close at 78 cents as it continues to work on its …
Explorco Properties, the wholly- owned subsidiary of Canadian Lencourt Mines has signed an agreement with St. Joe Canada Inc. to acquire a working interest in the Manitou Lake project in northwestern …
A total of 5,100 m of diamond drilling will be completed on the Central Patricia property held by Golden Shadow Resources. The work will be completed by Noramco Explorations, a private company control…
Adding to its list of recent asset sell-offs, Falconbridge Ltd has picked up $75 million (US) for the sale of its 49% equity interest in Western Platinum, a South African producer of platinum group me…
The Fox River project, one of several platinum bets within the fold of International Platinum Corp. will be the subject of another $500,000 exploration program this year by BP Selco. The property, loc…
Edmonton-based Nortek Energy has completed the issuance of share certificates to Roycal & Co. for a series of non-voting, non-dividend-bearing convertible preferred shares, totaling about $7.36 millio…
Grassroots exploration work has started on a 57-claim property in Sandra Twp, near Beardmore, Ont., held by coats-listed Portfield Industries Inc. The work is being funded by Bay Resources & Services …
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