News

Chesbar ramp cuts values over 1 oz on Murgold bet

Assay results from the first part of a decline ramp being put down b y Chesbar Resources on Murgold Resources’ Chester Twp. property about 70 miles southwest of Timmins, Ont., have returned some good …


Brohn’s Gilt Edge reserve estimate

An estimate of mineable reserves at the Gilt Edge gold property nea r Lead, South Dakota, has been completed by a consulting engineer. Controlled by Brohm Resources, the property was purchased from La…


United Reef/Canhorn in joint venture

A joint venture has been formed between United Reef Petroleums and Canhorn Corp. to further explore the former’s Nickel Offsets mine acquired by Canhorn through its recent amalgamation. Under the term…


Gold output for Galactic Resources may come up short

Galactic Resources says 42,000 oz of gold was produced from its Summitville project in Colorado by mid-November. Production started June 5 and Galactic says a profit of $522,073 was posted for the qua…


Vedron advancing its decline ramp

A ramp on the Vedron Ltd. Timmins, Ont., gold property has advanced 450 ft, the company reports. Being driven to the 500-ft level, the ramp will provide access for underground drilling and bulk sampli…


Dickenson shopping for gold operations

With approximately $60 million in its treasury, Dickenson Mines has a 2-fold purpose: it is looking to acquire additional North American producing gold operations in addition to maximizing production …


Gold in France

The French Ministry of Industry is planning an open file presentatio n on the results of the French Mining Inventory on gold. Scheduled for Dec 16, the presentation will take place at the Paris School…



People (December 01, 1986)

EQUINOX RESOURCES — W. W. (Chuck) Carlton appointed director succeeding Mark Waller who has resigned.


Westmin hitting at Big Missouri bet

Reserves are expected to increase at the Big Missouri gold project operated by Westmin Resources after several drill holes cut wide sections of above average grade. Located near Stewart, B.C., the pro…


Discovery, Midcon plan amalgamation

An amalgamation has been approved by the boards of directors of Disc overy Mines, Midcon Oil & Gas and Yellowknife Bear Resources. The companies will form Discovery Corp. Discovery shareholders will r…


Metals Report Gold trading in the Far East

For most of us, gold trading is a mysterious business at best. From the five bankers who set the bullion price in London twice each day to gold smugglers in Bangkok, most North Americans know very lit…


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