A navigatonal and positioning device of considerable accuracy has been developed by Telefix Canada of Richmond Hill, Ont. Known as the Magellan GPS 1000, the unit can determine latitude, longitude and…
Despite an uncertain outlook for the Yukon exploration industry this season, Archer Cathro and Associates (1981) Ltd. expects to keep busy. The firm, with offices in Vancouver and Whitehorse, accounte…
Scott Lake base metal project partners Greenstone Resources (TSE) and Thunderwood Resources (TSE) have intersected a large copper-zinc-rich stringer zone at the Chibougamau, Que., area property. The n…
The Elk gold property in southern British Columbia is now owned 100% by Fairfield Minerals (TSE) following a recent buy-out agreement with Placer Dome (TSE). The Siwash North deposit on the property i…
An affiliate of the French company Imetal SA, Mircal Mineral (Canada), will subscribe to $5-million worth of convertible debentures in Stratmin Graphite, the debentures bearing 6.5% interest payable y…
Tough equity markets have forced Calgary- based Bre-X Minerals (ASE) to drop plans to earn a 55% interest in the United Western mine in Oatman, Ariz. Bre-X could have earned the interest from owner Su…
A definitive option and earn-in agreement was signed by Amax Gold (NYSE) and Piedmont Mining (NASDAQ) which will allow an Amax subsidiary to earn an interest in Piedmont’s Haile gold property near Ker…
A total of 500,000 shares of International Larder Minerals (TSE) was recently acquired by River Oaks Gold in a private sale transaction. River Oaks, a private company, now owns 2.13 million shares or …
Drilling at the little Billie mine on Texada Island, B.C., has returned a number of copper-gold skarn intersections. The property is owned by Vananda Gold (VSE) which is attempting to expand prelimina…
Establishing grade certainty in the open pit reserve potential of the Main zone on the Frasergold property will be an important mandate of the 1991 program planned by Eureka Resources (TSE) and a unit…
A $4.2 million writedown, mainly related to a royalty interest in the floundering Colomac gold mine, has made a dent in the 1990 income of Rayrock Yellowknife Resources (TSE). Net earnings for the yea…
No longer the thrill-a-month drill play that kept investors on tenterhooks for most of 1989, the Louvicourt Twp. massive sulphide project east of Val d’Or, Que., has entered the critical mine developm…
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