Red Lake Mines

Red Lake exploration shines

Underground drilling at the Red Lake gold mine in northwestern Ontario has cut the deepest and richest section of mineralization ever found there, reports Goldcorp (G-T).Hole 37-032AW returned an asto…


Claude, Placer strike gold in Red Lake

Echoing the exploration success of their rival, Goldcorp (G-T), partners Placer Dome (PDG-T) and Claude Resources (CRJ-T) have discovered a high-grade gold system in the Red Lake camp of northw…


Golds still have legs: Allan

In a series of reports released in June, Research Capital mining analyst Barry Allan takes a look at the gold sector and concludes it still has room to move higher.First, he examines the relationship …


Goldcorp cruises on Red Lake (May 20, 2002)

Despite lower revenue, Goldcorp (G-T) managed to post record first-quarter earnings, thanks to the performance of its Red Lake mine in northwestern Ontario.Revenue during the three months ended March …


Large quantities of gemstones always attract attention -- and tedious questions about free samples. Here, delegates look longingly at rough stones displayed at the De Beers exhibit.

PDAC 2002 cautiously upbeat

Cautiously upbeat may well describe the mood of delegates attending this year’s convention of the Prospectors & Developers Association of Canada (PDAC).John Steele, the association’s president, set th…



Rubicon adds $3m to coffers

Vancouver — Rubicon Minerals (RMX-V) has raised $3 million through a brokered private placement and will use a portion of the funds to explore its Red Lake properties in northern Ontario.The financin…


Record production at Red Lake drives Goldcorp

Thanks to a full year’s worth of production from the Red Lake mine in northern Ontario, Goldcorp (G-T) has set a new annual production record.The gold miner cranked out 607,403 oz. last year at a cash…



Drills turn at McCuaig (February 11, 2002)

Vancouver — Rubicon Minerals (RMX-V) has kicked off a 3,050-metre drill program on the McCuaig gold project in Red Lake, Ont.The company is targeting a gold-bearing structural zone discovered last ye…


High Grade zone extends deeper (January 07, 2002)

Deep drilling at the Red Lake mine of Goldcorp (G-T) has extended the producing High Grade zone at depth.Hole 34L-860GW cut 2.4 metres of the HW5 lens at a vertical depth of 2,061 metres, extending it…


TSE enters new year with a bang

Having lost 14% of its value last year, the Toronto Stock Exchange 300 index began the slow road to recovery with a gain of 163.11 points, or 2.2%, over the Dec. 21-Jan. 1 report period. The benchmark…


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