Although a detailed evaluation remains to be done, Rea Gold (TSE) is confident that grades and thicknesses on the N.E. Seligman deposit have been confirmed by drilling. The deposit is part of the Mt. …
The historic mining district of Stewart in northwestern British Columbia appears poised for another gold boom. Several juniors have been active in the region since Lac Minerals (TSE) announced positiv…
London Metal Exchange Spot closing prices in $US per tonne Date Mar. 8 Mar. 7 Mar. 4 Mar. 3 Mar. 2 Coppr1900.50-1901.50 1897-1898 1901-1902 1873-1874 1849-1850 Lead 431-432 442.50-443.00 441.50-442.50…
Debt-heavy Bachelor Lake Gold Mines (ME) will be taken over by Espalau (ME). Under an agreement, Espalau will acquire all of the issued and outstanding shares of Bachelor Lake, as well as Bachelor’s o…
Financing has been arranged for the purchase of the Eagle River gold project near Wawa, Ont. Western Quebec Mines (TSE), which is acquiring the project from Hemlo Gold Mines (TSE), completed a private…
A study of the quaternary geology of the Sagar-III property, in Quebec’s Labrador Trough area, has met with encouragement. Mineralized boulders previously discovered on the property, owned by Virginia…
Four university students in British Columbia have formed a youth group to promote mining in the province. Law student Lisa Skakun, a founding member of the B.C. Mine Society, said the goal is to creat…
With the Matapalo mill approaching its 300-ton-per-day capacity, Ariel Resources (VSE) is Costa Rica’s largest gold producer. The company produced 9,413 oz. in the fiscal year ended Sept. 30, 1993, an…
By all accounts, the 62nd annual convention of the Prospectors and Developers Association of Canada (PDAC) in Toronto was a success. With more than 3,000 delegates and in excess of 300 exhibitors, the…
The exploration division of Noranda (TSE) has encountered additional base metal mineralization at the Fox-Stimson property near Timmins, Ont. Property vendor Cross Lake Minerals (VSE) reports three ho…
Drilling on the Kodiak zone at the Golden Bear property in northwestern British Columbia continues to return gold values. Indeed, work to date has prompted North American Metals (VSE) to consider expa…
Two research companies on opposite sides of the Atlantic have joined forces. Resource Strategies of Pennsylvania and Metals & Minerals Research Services of the United Kingdom entered a production and …
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