News


Montreal Exchange Cogesco among movers

A lacklustre week on the Montreal Exchange this week exhibited little of the activity in resource issues which has characterized trading the past months. Market activity in general was moderate. Tradi…



300,000 oz gold a year Giant production target

Nothing if not ambitious, Giant Yellowknife Mines is embarking on a 5-year program which it expects will see gold production soar from the present level of about 200,000 oz per year, to 300,000 oz. Th…


Active summer for Vior Inc.

A drilling program is under way by Vior Inc. on the Matagami property in northwestern Quebec. Also, the company this month initiated, in partnership with Mazarin Inc., a drilling program on the Sheffo…


Soquem re-establishes presence in exploration

With an annual exploration budget of $4 million — $16 million committed for the next four years — the ground-breaking Quebec Crown corporation, Soquem, is bound to make its presence in the mining in…


Report from Calgary Drilling is in high gear

Flying over Courageous Lake in the N.W.T. one sees six diamond drill rigs in operation and an additional four rigs being set up. Leading this exploration effort is the team of Noranda Inc. and Getty R…


Ceremonial at Dona Lake gold mine photo plus

Ontario premier and acting minister of northern development and mines David Peterson (right), helps put up a sign marking the site of the production shaft that will be put down at the new Dona Lake go…


Northair control war is nearing its climax

The winner in the battle for control of Northair Mines will be decided at the annual meeting July 9. But in the meantime, Northair and its suitor, Nor- Quest Resources, are engaged in an information c…


Vancouver Island bet

Drilling has resumed at the Debbie property on Vancouver Island, a joint venture between Westmin Resources (the operator), Nexus Resource Corp. and Angle Resources. The initial joint venture budget fo…


Brohm to heap leach Gilt Edge project

Brohm Resources of Vancouver has decided to begin construction immediately on a Phase 1 heap leach production facility at its Gilt Edge mine in Deadwood, South Dakota. After the heap leaching producti…



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