Goldenbell going aheaed with Calif. gold mine
While financing is still waiting in the wings, Goldenbell Resources of Vancouver says it has made the decision to go into production with its Pine Tree gold project in Mariposa Cty., Calif. The compan…
News
Warrants net Eden Roc $1.5 m
The exercise of 1.2 million warrants of Eden Roc Mineral Corp. has provided $1.5 million to the company’s treasury. The funds will enable the company to continue exploration work on the Asupiri gold p…
Coats Trading Features (December 08, 1986)
Gateford Resources, which is drilling several holes on its large Sam son River property west of Matagami, Que., has encountered several delays due to ground problems. However, the holes which have bee…
Profit up for Queenston Gold
Queenston Gold Mines reports net income of $793,000 for the nine mon ths to Sept 30, nearly double the income figure of $440,000 recorded in the similar period last year. President Michael Gray says t…
Queries Tyler Resources remaining active
I understand Tyler Resources is active in the LaRonge area of Saskatchewan. Can you bring me up-to-date on the company? C.D. Toronto, Ont. You’re quite right. Tyler Resources recently acquired an op…
Atlantic Report Bullish on Atlantic mine growth
Optimism about mine development in the Atlantic provinces was eviden t at the District 1 meeting of the Canadian Institute of Mining held in Halifax recently. Speakers at the opening session summarize…
Cuvier suing Noranda Expl. over claims
Toronto-listed Cuvier Mines says that, together with its subsidiary Vancouver-listed Golden Hind Ventures, it is starting action in the Supreme Court of Newfoundland for the recovery of certain gold m…
Deep Normine hold looks interesting
Significant disseminated and banded sulphides have been encountered in the the first hole put down by Normine Resources on its Wait property near Kimberley, B.C. This hole has now been completed at a …
Durham may have a long wait for profits
During the past two or three years I have noted many comments rega rding Durham Resources and most of those comments were very positive. I wonder now why Durham has become so negative as far as market…
Pioneer awaiting feasibility on Puffy Lake gold project
A year ago almost no one in mining circles could tell you very much about Pioneer Metals, then a junior exploration company with a low grade gold and silver prospect in New Mexico. Now, the company is…
SMDC drilling at Jojay intersects mineralized zone
A 6,800-ft drill program has met with encouragement at the Jojay gol d property held by partners Saskatchewan Mining Development Corp. (SMDC) (66%), Claude Resources (34%) and Shore Gold Fund, which c…
Novamin proceeds on private placement
Montreal-listed Novamin Inc. says it was proceeding in the last two weeks of November to a private placement of its common shares with a maximum of 50 investors resident in the province of Ontario. Th…