The board of directors of Durham Resources has agreed to acquire approximately an additional 30% voting interest in Oakwood Petroleums for the issuance of 8,310,676 Durham shares. This will increase D…
Three diamond drills are working underground with one additional drill on surface at Perron Gold Mines’ Soisson gold bet in the Val d’Or area of Quebec. Underground exploration is continuing on the A,…
The fiery tartan colours of clan Stuart have finally come back to haunt the board of directors of Davidson Tisdale Mines. At a special meeting of shareholders, mining promoter Charles Stuart, bedecked…
An Alberta-listed junior mining company, Coxheath Gold Holdings, made an important tactical move in 1986. Early in the year, the company’s technical advisory committee recommended they concentrate the…
A 54-claim property held equally by Achates Resources and Golden Tag Resources has been optioned to Mirandor Exploration. The claims are located in Casa Berardi Twp., Que., approximately five miles so…
A high grade section has been drilled by partners Jilbey Industries and Bay Resources and Services on the Fontana property in Duvernay Twp., Que. Hole 6 was spotted 1,600-ft northwest of the Fontana …
The terms of the rights offering of Mineral Resources International (MRI) to the holders of its common shares has been finalized. Under the terms of the rights offering fixed by the board of directors…
Custom milling of ore from the Mirado property held by Golden Shield Resources has begun on Jan 20, the company says. Milling is taking place at the McBean mill, near Kirkland Lake, Ont. Approximately…
The Vancouver market hasn’t been quite as volatile as New York and Toronto but it’s been climbing steadily and is now within 18 points of its all-time high. Lower interest rates, stable gold prices, a…
A major 50,000-ft diamond drilling program is adding tonnage to known reserves on the Larder Lake, Ont., property held by partners Eldor Resources, Kerr Addison Mines, Northfield Minerals and Northern…
Heap leach technology is now being applied to gold deposits in Alaska where climatic conditions are not that much different from many parts of Canada. Last year, La Teko Resources completed a test pro…
Drilling has begun on the Queylus Twp., Que., gold property held under option by Diana Resources. Project operator Corporation Falconbridge Copper plans to spend $427,255 on the property following up …
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