News



Pegasus Gold posts nine-month profit

Higher gold prices and increased production are the main reasons behind the positive financial statements posted by Pegasus Gold Corp. in the latest 9-month period. The company realized a net profit o…



Rule delay on asbestos criticized by institute

The U.S. Environmental Protection Agency says it is revising the studies on which its original proposal to ban the mining and use of asbestos was based. But the cost of the studies and the time requir…


Feasibility study started for Black Swan gold bet

A mining feasibility study is being prepared for Black Swan Mines’ Gabanintha project in Western Australia with a view to putting it into production by mid-1987. Arthur T. Fisher, president, says the …


Platinum glint catchs Heenan Senlac’s eye

The glint of platinum has caught the eye of Heenan Senlac Resources. The junior company has acquired two claim groups in the Lac des Iles area, north of Thunder Bay, Ont. Lac des Iles has become a pr…



Correction Noranda Exploration

Contrary to an article in the Nov 3 issue of The Northern Miner concerning Total Erickson Resources and the Dome Mountain precious metals property in B.C., Noranda Exploration did not set up a numbere…


Silverside finds gold-bearing zone at Garrison Twp.

A new gold-bearing zone has been discovered on its Garrison Twp. gold property in northeastern Ontario, reports Silverside Resources. And on its Cobalt silver property work is continuing toward an ear…


United Reef/Canhorn form joint venture

A joint venture has been formed by United Reef Petroleum and Canhorn Mining Corp. to further explore the latter’s Baird Twp. property in the Red lake area of Ontario. Under the terms of the agreement,…


Hydra’s Johnsby property possible heap leach mine

An option deal has been completed between Hydra Explorations’ 50%-owned affiliate Johnsby Mines and a private company concerning Johnsby’s gold property in the N.W.T. Discovery Mines holds the remaini…


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