News

Newjay Resources says in the 1987 season it plans a phase-two drill program totalling about 3,000 ft on its “Master Ace” precious metals project near Hope, B.C. The drilling will test two zones identi…

Drilling on the Silver Princess Resources’ Doc claim group on the South Unuk River in the Sulphurets belt near Stewart, B.C., has confirmed a very strong structure over a strike length of 1,200 ft an…

Glen Auden Resources and the Turgeon Staking Syndicate have entered into agreements with New Kelore Mines and Conscot Resources regarding two properties in Hurtubise Twp., Ont. Under the terms of the …

Galactic Resources reports record monthly gold production in September of more than 10,000 oz, from the Summitville gold mine in Colorado. It brings total production since the June initiation of comme…

Have you any updated information on Flin Flon Mines since it went into receivership last year.? J.C., East Rutherford, N.J. As you know, operations at the gold mine and mill complex of Flin Flon M…

The revival of gold mining in Nova Scotia is gaining momentum, with a big assist from Northumberland Mines, a junior company with a TSE listing that has been hard at work in that province since 1980. …

Trading in mining shares on the Toronto Stock Exchange has taken huge leaps this past September both in terms of dollar value and volume of shares traded. Dollar value traded in mining shares increase…

In Sudbury, Ont., on Oct. 15-16 the Ontario Centre for Resource Machinery Technology, in association with several mining and high- tech organizations, will host A Symposium on Applications of Automati…

A production feasibility study is under way on the Golden Pond proje ct held by Inco Ltd. (60%) and Golden Knight Resources (40%). Located in Casa Berardi Twp., the property hosts a drill- indicated g…

Reporting progress on their Greenwood, B.C. gold property, Viscount Resources and Skylark Resources say they have completed a 585-ft underground decline on the H zone orebody. Also completed are a cro…

Wednesday close, Oct 8 The golds ruled the roost this week making impressive gains that broug ht the gold-silver index up to levels not seen since December 1980. This index closed the day at 5,376.79…

Louise Michaud, of Cornwall, Ont., believed to be the first woman in North America to be enrolled in a Ph.D. mining engineering program, has won a $5,000 post-graduate scholarship from the Canadian Mi…