Aiguebelle Resources has made a new gold discovery on a previously unexplored part of its wholly-owned Bassignac Twp. property in northwestern Quebec about two kilometres southeast of its Yvan Vezina …
An $8-million financing will be sought by Audrey Resources for the company’s optioned Mobrun project. The cash will be used for continued exploration of the property up to June, 1987. By making the ex…
Diamond drilling is under way at the Island Lake gold property of Bighorn Development Corp. Crews are also rehabilitating the abandoned shaft on this northern Manitoba property. The crew has already r…
The Coal Association of Canada has recommended major tax structure changes to ensure that the coal industry remains viable in the face of stiff international competition. Addressing a media briefing i…
Insider trading in shares of Belmoral Mines has led to renewed speculation that the gold mining company may be the subject of a takeover bid. While recent insider trading has not shifted control of th…
A drill-indicated mineral inventory of 2.2 million tons grading 0.24 oz gold per ton has been established by Dome Exploration in two zones on the Snoppy Lake property north of Pickle Lake, Ont. Dome, …
Now that the underground drilling of the 67 Zone at the Rand Malartic Quebec gold property of NSR Resources has been completed, the company plans to have a revised ore reserve study completed by mid-J…
Golden Pond Resources will comply with a Quebec Superior Court decision ordering it to trade back all the shares of A-Pri-Or Mining Exploration it had acquired since June 27 in exchange for Golden Pon…
It seems that just about everyone is waiting for additional drill results on the Owl Creek West project including partners Syngold Exploration and Kidd Creek Mines. At press-time, there were no furthe…
Drilling has started with two rigs on the Geraldton, Ont., holdings of Toronto-listed Roxmark Mines. Approximately, 10,300 ft of surface drilling is scheduled for completion by Feb 28, 1987, President…
The Timmins, Ont., area, already stirred by the recent gold discovery of Syngold Exploration, is being further stimulated by drill results from another junior working in the area. Goldpost Resources r…
An agreement has been reached between Petromet Resources and Resource Capital International (RCI) whereby RCI will subscribe for 150,000 units of Petromet for a total price of $360,000. Each unit cons…
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