Hole 73 drilled on Vior Mining Exploration’s Ligneris Twp. property in northwestern Quebec has returned 40 ft grading 0.35 oz gold per ton says President Claude St. Jacques. Other economic values were…
Ronrico Explorations is losing no time in getting work under way on its extensive interests in the Labrador Trough, the locale of a major new platinum play (N.M., Jan 26/87). For in addition to a dire…
Geologist Dr Robert Kerrich, recently appointed to the George McLeod chair in geology at the University of Saskatchewan, Saskatoon, has been awarded the E. W. R. Steacie Memorial Fellowship by the Nat…
With sufficient oxide reserves for a 5-year mine life, Canamax Resources is completing a feasibility study on its Ketza River project where production could begin in early 1988. Located south of Ross …
Exploration has led to the identification of six gold mineralized zones striking across ground held by Can-Mac Exploration, the company says. The property is located in Davis Twp., east of Sudbury, On…
Diamond drilling is under way with a second rig scheduled to arrive on Pan East Resources’ Fifteen Mile Stream gold property in Nova Scotia by operator Greenstrike Gold Corp. The goal of the 3,000-m p…
As much as $20-million worth of stock in Hemlo Gold Mines, one- fifth of the shares sold by Noranda Inc. in Europe, came back to Canada within two days of the initial public offering, estimates one in…
The composite 300 muscled past the 3,400 barrier with ease this week after tacking on a gain of 93.84 pts to close at 3,448.09. Metals and minerals provided some of the force as that index was up by 1…
The most glamorous gold issue of the decade hit the markets this week. Hemlo Gold Mines, which was issued at $19.25, opened up at $20.63 and closed at $20.75. The issue traded as high as $21 on good v…
Falconbridge Ltd. says it will raise $13.2 million in flow-through funds to finance Canadian exploration expenditures on the company’s properties this year. Falconbridge says it has an agreement with …
A study has been commissioned by Franco Nevada Mining Corp. to determine the feasibility of placing the Goldstrike and Post claims located in the Carlin area of Nevada into a U.S. Royalty Trust, says …
Drilling is under way at the 100%- owned Schell Ranch property in Calaveras Cty., Calif., says Colony Pacific Explorations President Pierre Lebel. Five holes, SR No 16 to SR No 20, were drilled at 100…
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