Operating from the premise that mineral markets are cyclical in natu re, Savanna Resources has assembled an inventory of interests in 10 mineral properties in varying stages of development. The compan…
Diamond drilling has resumed on the Red Bird project controlled by G olden Eye Minerals. Located near Salmo, B.C., the property has several high grading zones of base metal mineralization, including g…
The successful development of the Dumagami Mines’ gold property once again goes to show the power of the old axiom that mines are made rather than the product of a happen-chance discovery, notes Presi…
Wednesday close, Dec 3 Overburden drilling on Inco and Cambior’s Douay Twp. property in the Casa Berardi area of northwestern Quebec are “very, very spectacular” says Claude St. Jacques, president of …
A production decision for the Longstreet and Johnson Gulch gold prop erties controlled by Naneco Resources could be made in 1987, the company says in its annual report. The company says that as deline…
Wednesday close, Dec 3 Several resource issues made solid gains during the week. First City Gold Corp., was one of the bigger winners, adding 85 cents to close at $3.35. The company, which made our mo…
A study into the benefits of flow- through share financing for miner al exploration has been completed and the results are “very, very positive,” the president of the Quebec Prospectors Association sa…
It appears that Teck Corp. has secured a major position in what will almost certainly become another large gold producer — the Inco-Golden Knight project in Quebec’s Casa Berardi area. Teck recently …
An agreement has been signed between Pronto Explorations and Esso Mi nerals Canada giving Pronto the right to earn a 50% interest in Esso’s Long Lake gold prospect. Located 120 km north of Lac du Bonn…
A 2-phase diamond drilling program is planned for the Snowbird property in the Omenica mining district of B.C., reports X-Cal Resources President Shawn Kennedy. The program will attempt to double the …
Official figures are virtually impossible to get, but it appears the Soviet Union has been selling gold heavily in recent months in order to gain foreign currency. Soviet gold sales in 1985 are estima…
Climbing gold sales from the Pinson-Prebble and Dee mines in Nevada in which Lacana Mining has interests, added to a higher gold price, gave the company record earnings for the nine months ended Sept …
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.