Augmitto, Bay outline reserves on Quebec bet
A preliminary reserve calculation for the Fourax II property shared equally by Augmitto Explorations and Bay Resources and Services, concludes the property has possible reserves of 675,000 tons gradin…
News
Audrey to spend $8 m. on Mobrun
A commerical production decision is expected on Audrey Resources’s optioned Mobrun property near Rouyn, Que., once an $8 million exploration program is completed this June, reports president Guy Heber…
Galactic output off, company predicts gain
Despite some serious difficulties which caused a large production shortfall last year, Galactic Resources has managed to continue leaching through the winter months at its Summitville gold property in…
Drilling progressing at Norbeau property
Two holes of a planned 6-hole surface diamond drilling program have been completed by Norbeau Mines on its property at Chibougamau, Que. The first hole, located 850 ft east- northeast of the old Norbe…
Second phase drilling by Wesley/Radcliffe in Nevada
The second-phase drilling program is slatted to start next month on the Independence property near Elko, Nev., by joint venture partners Westley Mines and Radcliffe Resources. Evaluation of the result…
Fort Knox plans program on two Ontario gold bets
A $250,000 exploration program is slatted by Toronto-listed Fort Knox Gold Resources on the Crow Lake property, southeast of Kenora, under the supervision of Inco Ltd. The program on the 329-claim pro…
Major underground effort set by Placer at Seabee $4.2 million
A $4.2-million underground exploration program at the Seabee gold project has been given the go ahead by Placer Development. Held under option from Claude Resources, the Seabee property is located 78 …
Gold output is notable for Total-Erickson
With two mining operations running only part of the year, 1986 gold production for Total Erickson Resources amounted to 35,633 oz. The company’s Mt. Skukum project south of Whitehorse, Yukon, came on …
Shutdown plan is detailed by Pine Point Mines
Mining will stop by July of this year, and milling operations by year- end, under a plan to shut down Pine Point Mines’ zinc and lead mining operations at Pine Point, N.W.T. Shipping and sales of conc…
Torene drilling (January 26, 1987)
Torene Gold Exploration reports it plans a 10,000-ft drilling program on its Harrington Cove gold project in Halifax Cty., N.S. The drilling, to be financed through sale of 320,000 flow- through share…
Rayrock operator of Costa Rica Bet
A joint venture agreement on the Bellavista/Montezuma gold property in Costa Rica has been entered with Rayrock Yellowknife Resources, Westlake Resources and Midland Energy Corp. Under the terms of th…
Underground, surface work for Citadel Gold prospect
Approximately $1.3 million will be spent by the end of February on the Citadel Gold Mines property near Wawa, Ont. The work will include dewatering, underground and surface drilling, plus some develop…