Wednesday close, Dec 3 With market volume remaining at respectable levels, trading activity has been quite selective and directed at a fairly narrow range of speculative issues. Tuesday’s volume was 1…
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…
Agassiz Resources reports a profit of $962,387 on revenue of $17,693 ,661 for the year ended June 30 compared with $1,932,156 on revenue of 13,588,194 for the same period in 1985. For the 3-month peri…
The first deep drill hole put down by Seabright Resources on the Beaver Dam property in Nova Scotia has intersected gold mineralization 700 ft deeper than any previous drilling. As a result of the sig…
A $7.8 million 2-phase exploration and development program has been approved by joint venture partners Zahavy Resources and Getty Resources that could lead to a production decision on the Favourable L…
It seems the Soviet mining industry could use some tips from Canad a on mine management, a not-too-surprising development when you consider the reputation Canada has around the world for mining expert…
An airborne geophysical survey has been completed by Cane Corp. on t he company’s claim group in Vezza Twp., Que. The survey located several targets warranting diamond drilling, the company says. Fund…
A diamond drilling program has started on ground held by Nahanni Min es in Michaud Twp., Ont. Located 25 miles north of Kirkland Lake, the property was tested by previous drilling years ago which cut …
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…
An airborne geophysical survey in under way on a large 531-claim pro perty acquired by Noble Peak Resources. Located in the Detour Lake-Matagami area of northern Quebec, the property straddles a 5-km …
Nevada’s Bureau of Mines and Geology has released a new revision of its map of bulk-mineable gold and silver deposits and prospects. The million-scale map shows the locations of 74 deposits and 81 pro…
Montreal-listed Novamin Inc. says it was proceeding in the last two weeks of November to a private placement of its common shares with a maximum of 50 investors resident in the province of Ontario. Th…
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