A $150,000 diamond drilling program to test geophysical anomalies for their precious metal potential is under way by First General Mining Management and Gold Corp. in Stover Twp., Ont. The exploration…
Lakeshore Minerals says it recently completed a private placement of 100,000 units, each unit consisting of three Lakeshore common shares and one warrant good to purchase a single common share for $1,…
It seems that Ontario Premier David Peterson will continue as acting minister of the province’s ministry of northern development and mines for an unspecified period. There had been speculation that Mr…
Golden Star Resources says a new zone of gold mineralization has been discovered on the company’s Omai property in Guyana, South America. The newly identified gold-bearing sector, the so-called wenot-…
BGR Precious Metals says its net asset value on Oct 31, 1986, was $11.81, a 33% increase from a year earlier and a 19% increase from three months earlier. On Oct 31 there were 6,156,968 Class A shares…
An agreement should be completed within weeks that could see Placer Development and Edmonton-based Golden Star Resources develop a gold property in Guyana, South America. The mineral potential of this…
There can be little doubt that flow-through financing has facilitated the discovery of several significant gold deposits in Canada. But when a company, particularly a small operator, decides to mine o…
Consolidated Five Star Resources says it has acquired all of the outstanding shares of Chaffinch Ltd., a private corporation, for a total consideration of $10,750,000. Five Star says included in the a…
Further drill results have been reported by Masst Resources on its mineral claims in the Quesnel mining division of British Columbia. The company, which last week reported two holes with intersections…
Vancouver-based Teck Corp. has entered the Nova Scotia gold play by optioning 208 contiguous claims near the Beaver Dam gold district in Halifax Cty. from Dartmouth businessman Trenholme Lodge. The cl…
The Northern Miner, now moving into its 72nd year of publication, is a venerable institution, but not an old one. It is not old, that is, in its outlook and attitudes. It is for instance keeping up wi…
Issues on the COATS over-the- counter system were generally listless, with many trading downward. Matt Berry Mines gave up some ground to 35 cents -40 cents . The company, which controls a gold proper…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.