With the next federal budget only a week away and a much- guessed- about tax reform paper expected sometime in the spring, this is an opportune time to reaffirm our concern for the retention of flow-t…
Although the company reported a positive cash flow, Gibraltar Mines posted a net loss of $4.6 million or 40 cents per share in 1986, compared to a restated loss of $246,000 in 1985. A. J. Petrina, pr…
Drilling has started on the Estrades property in the Casa Berardi area by operator Teck Explorations and joint venture partners Golden Hope Resources and Golden Group Explorations. The drilling is aim…
A follow-up diamond drill program is scheduled to start this month on X-Cal Resources’ Snowbird gold property in central B.C. The 5,400-ft drill program was prompted by encouraging results derived fro…
After a 50-year absence, primary gold production has returned to Saskatchewan. In January, the Star Lake gold mine poured its first gold bar, weighing in at 712 oz. The bar had a value of $350,000. Sh…
Two awards were presented at the B.C. & Yukon Chamber of Mines annual meeting, one to Dr N. B. Keevil Sr and the other to James McDougall, for their contribution to the province’s mining industry. Mr …
A joint venture agreement has been reached between Courageous Exploration and Bow Valley Industries. Courageous is held 65% by Savana Resources and 35% by American Chromium Ltd. Under the terms of th…
Durham Resources has agreed, subject to certain conditions, to acquire 1,292,735 common and 438,725 Class A shares of Oakwood Petroleums from Brian S. Ekstrom, Oakwood’s president and chief executive …
Diamond drilling is scheduled for this month on the Twin Lake shear zone in the Flin Flon area of Manitoba by Alberta-listed Marker Resources. Crews are currently evaluating the target area which is m…
The 200-claim property of Ram Petroleums in Puiseaux and Brouillan twps. in the Casa Berardi area of Quebec, has been optioned to Granges Exploration. Granges expects to start a diamond drill program …
Several encouraging intersections have been completed by partners, Kennco Explorations, North American Rare Metals and Dundee-Palliser Resources on a 203-claim property in Vezza Twp., Que. Located app…
Golden Rock Explorations has put three drill rigs to work on its Chibougamau property in northwestern Quebec following a financing that raised more than $2 million. The company says six holes have cut…
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