Mets project calls for $1.1 m.
A $1.1 million exploration program is scheduled this summer on the Mets project of Manson Creek Resources and Golden Rule Resources in the Toodoggone area 160 miles north of Smithers, B.C. Their 1986 …
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High River, Nor-Acme to develop Snow Lake
Underground exploration is expected to start shortly on the Snow Lake gold property, following the completion of an agreement between Nor-Acme Gold Mines and High River Resources. The latter company h…
Monk plans to mill small Wawa deposit
Monk Gold & Resources has signed an agreement with a private company to have 50,000 tons of material mined and milled. The reserves, on Monk’s property near Wawa, Ont., grade 0.35 oz gold per ton. Mon…
Outokumpu Mines buys 40% stake in Namew Lake
A 40% interest in Hudson Bay Mining and Smelting’s high-grade Namew Lake nickel deposit has been purchased for $5.2 million by Outokumpu Mines. Located in Manitoba, the Namew Lake deposit hosts reserv…
Reserve inventory set for Quartz net project
A reserve inventory has been calculated by Wright Engineers for Quartz Mountain Gold’s 10,000-acre gold property in southern Oregon. Using a 0.01 oz cutoff grade, reserves now stand at 128.6 million t…
Sands to drill Ore Chimney bet
A 5,000-ft drilling program has started on the Ore Chimney mine property in Barrie Twp., Ont. Vancouver-listed Sands Minerals Corp. arranged for $150,000 in flow-through funding through tap Mineral Ex…
Noranda official backs free trade
A free trade agreement with the United States is “essential” for Canada’s economic future and for the Canadian mining industry, William Deeks, president of Noranda Sales Corp., said at the 89th annual…
Obituary J.S. Thomson
J. S. (Jim) Thomson, a mining engineer who was active in British Columbia’s Bralorne gold camp as well as in Newfoundland, the Yukon Territory and the Hemlo, Ont., gold camp, died recently at Tsawwass…
Massive seeking major financing
This could be a pivotal year for Vancouver-listed Massive Resources. The company plans to file for a listing on the tse this month and financing, totalling $8.4 million, for the balance of the year sh…
Belmoral workers return to job
Workers at the Belmoral Mines mill and mine at Val d’Or, Que., have agreed to a new two-year monetary package after shutting down operations for a couple of days with a work stoppage. The 265 workers,…
Better to explore Fording holdings
An agreement has been reached between Better Resources and Fording Coal which will allow the former to explore Fording’s uncommitted base metal mineral holdings in the Mt. Washington area on Vancouver…
Mark converts preferred shares
Toronto-listed Mark Resources says its 303,263 series A preferred shares have been converted into common shares on the basis of two- thirds of one common share for each Series A preferred share. No fr…