Anchor Gold placer mining in Colombia
The Spaniards were the first to mine gold commercially in the South American country of Colombia which is probably best known as a coffee exporter. But today, modern placer mining techniques are recov…
1986
Canamax at Ketza River : Yukon gold mine taking shape
Mother Nature did a magnificent job concentrating the gold mineralization at Canamax Resources’ Ketza River project. And despite periods of heavy glaciation, she didn’t disturb the underlying oxide zo…
Bresea and Ayrex plan drill program
A 26,000-ft diamond drilling program is being considered by partners Bresea Resources and Ayrex Resources on their equally held 324-claim property in Desmazures Twp., Que. Located north of Joutel, the…
Toronto Stock Exchange: Sluggish market dips, golds take it on the
Wednesday close, Oct 29 A sluggish market this week saw the widely followed composite 300 mean der a few points here and a few points there. Today it was off 0.77 pts for a close of 3,011.82. While t…
Oracle to finance underground work by Western Quebec
Western Quebec Mines plans to go underground next year on its Joubi property near Val d’Or. The project will be financed by Oracle Exploration Inc., a new company based in Montreal that has taken out …
Flotation mill on target in B.C. for Rhyolite Res.
The construction of the flotation mill on Rhyolite Resources’ Texada Island property in the Nanaimo division of B.C. is on schedule and should be completed by mid-to-late November, reports Chairman Jo…
Flow-through under review, Wilson says
Flow-through share financing for mineral exploration is part of a broad review on tax policy being undertaken by the Department of Finance, Federal Finance Minister Michael Wilson has confirmed. The f…
Forbex Mining Resource has received final approval from the Quebec
Securities Commission for a public financing to raise $1,350,6000 to fund exploration activity on its Lac Fortune West property near Rouyn, Quebec.
Nevada on TSE
Shares of Nevada Goldfields Corp. were posted for trading on the Tor onto Stock Exchange on Oct 28. Based in Vancouver, B.C., this company has interests st in three precious metals properties under d…
Moonshine Productions has changed its name to Vanex Resources Ltd.
share-for-share basis.
Robots are not needed to mine Cigar Lake uranium
The Saskatchewan Mining Development Corp. has submitted a mining proposal to federal regulators in Ottawa to approve the start of a test mine entry at about this time next year on the high-grade urani…
Total Erickson entry will spur B.C. bet
The Dome Mountain precious metals project near Smithers, B.C. has moved one step closer to production with the entry of Total Erickson Resources as a partner in the play. Development of the property h…