News


Two underground programs give Muscocho good results

Muscocho Explorations says the ramp on the Magino gold project north of Wawa, Ont., has been completed to a depth of 200 ft and a crosscut has been driven for 600 ft across the gold-bearing formation….


Imperial Metals to sell interest in uranium venture

Imperial Metals Corp. says for $1,750,000 it will sell a 10% partici pating interest in the company’s Saskatchewan Wheeler River uranium joint venture. Imperial says the transaction would result in a …


Our Man of the Year

Walking through the Toronto offices of Selco, the minerals division o f BP Canada Inc., one gets a nagging suspicion that many eyes are following you. On closer examination, one’s suspicions are prove…



Montreal Exchange Syngold backs off

After setting new highs for the past two weeks, Syngold Exploration came back down to earth with a thud this week. Once again it was the most active trader on the Montreal Exchange with 1,117,600 shar…


Northfield and Armistice plan Larder Lake area work

Alberta-listed Northfield Minerals could acquire an interest in anot her strategic piece of ground in the Larder Lake area next to the Virginiatown gold mine operated by Kerr Addison Mines. Shareholde…


Giant Bay to test-mine Gordon Lk. gold deposit

Some 10,000 tons of mineralized rock grading 0.62 oz gold per ton wi ll be mined and processed at the Gordon Lake property near Yellowknife, N.W.T., early next month, according to Claus Jensen, presid…



Metals Report Perilous predictions for 1987

Every year at about this time senior officials at mining companies across the country summon underlings to their executive suites for private consultations. What is the subject of the high level huddl…


Dolphin to spend $3m. on gold bet

About $3 million will be spent next year on exploration in Newfoundland by Dolphin Explorations which is closely associated with the International Corona group of companies. The majority of the funds …


Two significant veins hit by Black Swan

A mining feasibility study is being prepared for Black Swan Mines’ Gabanintha project in Western Australia with a view to putting it into production by mid-1987. According to Arthur T. Fisher, preside…


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