A 3-year extension was recently given to Sikaman Gold (TSE) on its option to bring the Snow Lake tailings project into production after tests showed that an alternative pre-concentration method could …
Former Metalore Resources (TSE) geologist Barbara Kowalski has successfully launched a new junior exploration company with a mandate to develop three claim groups near Beardmore in northern Ontario. S…
A combination of lower ore grades and weaker gold prices slashed Echo Bay Mines’ (TSE) third-quarter earnings in half, from US$5.1 million (5 per share) in 1990 to US$2.3 million (2 per share). At 50%…
The results of a bulk-sampling program on Swansea Gold Mines placer property near Wisdom, Mont., indicate that the gold-bearing material has an average recovery of 0.055 oz. gold per cu. yd. The resul…
After 22 years of operation, Phelps Dodge (NYSE) will be closing its Tyrone mine concentrator in New Mexico. Sulphide ore reserves are expected to be exhausted by the end of 1991 but mining of low-gra…
Higher output was reported by Cambior (TSE) for the third quarter of 1991 but net earnings decreased. The gold producer attributed the earnings dip to a large drop in the net selling price for gold du…
In what may be the start of an area play, Tantalus Resources (VSE) has reached an agreement in principle with a subsidiary of Citadel Gold Mines (TSE) to acquire a 100% interest in that company’s pros…
Arista Resources Inc – 650,000 shs offered @ 36 cents per sh. Prepared by Wood Gundy Inc.
Calgary-based Trev Corp. (ASE) has staked two groups of claims in the Lang Lake and Pickle Lake greenstone belts of northwestern Ontario. Situated 25 km north of Bond Gold Canada’s Golden Patricia min…
Crystal Peak Garnet, owned by Polestar Exploration (VSE), is probably the largest known garnet deposit in the world according to Vice-President Robert Wolfe. The deposit, near Hedley, B.C., measures o…
An agreement has been signed by Goldstack Resources (VSE) with American Consolidated Mining (USOTC) covering exploration and development of the Goldhills project on the Nevada-Utah border. The project…
Toronto-based Citadel Gold Mines (TSE) is attempting to prove that Jamaica has more to offer than just sunshine and sandy beaches after securing a portfolio of mining licences on the Caribbean island….
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