Glamis producing at California mine
Production has started at Glamis Gold’s Yellow Aster gold mine in California, with the mine’s Lamont zone expected to yield 4,000 oz over the next six months. The company says the production start fol…
News
Micham program confirms Swiss potential for gold
The joke goes that the only gold you are going to find in Switzerland is in the form of bullion, buried deep underneath the Zurich banks. So most people must think, since despite the abundance of outc…
Significant new gold zone on Aur’s Airport property
A significant new gold zone has been discovered by Aur Resources on its Airport property located three miles south of the city of Val d’Or, Que. The gold mineralization has been intersected in seven w…
Audrey exercises its Mobrun option
Audrey Resources has earned a 50% interest in the Mobrun property, controlled by Corporation Falconbridge Copper. The interest was earned after Audrey spent $5 million and mined out a 10,000- tonne bu…
Letters to the Editor : OMA defends research record
Your editorials of Sept 22 and Sept 29 in regard to research and development would indicate there is very little, if any, research going on in the mining industry in Ontario and in Canada. In November…
Muscocho Explorations has resumed drilling and surface exploration
Tashota-Nipigon Mines’ gold property in the Beardmore area of northwestern Ontario. On completion of the current program, Muscocho will have earned a 50% interest in the property by having spent $500,…
Int. Damascus surface program in Toodoggone
A surface program on International Damascus Resources’ Joanna 3 and 4 claims in the Toodoggone area of northern B.C. has delineated a fault zone with gold assays returning up to 9,500 parts per billio…
Drilling planned by Int’l Damascus near Smithers B.C.
A major program of diamond drilling is being designed to test “many promising target areas” on International Damascus Resources’ precious metals Ox project near Smithers, B.C., reports consulting geol…
Chibougamau, Chapais to receive assistance
The Quebec government is casting a $13-million vote of confidence for the Chibougamau-Chapais region. In the short term $2.8 million is being provided to aid three major copper mining companies in the…
Decline well advanced at Vedron/Belmoral bet
Reporting progress on the gold property in the Timmins, Ont. area controlled by joint venture partners Vedron Ltd. and Belmoral Mines, Vedron says a decline ramp has advanced more than 200 ft on the p…
Massval moves on Placer’s Eastmain project
After being almost forgotten for some time, Placer Development’s 100%-owned Eastmain property may be getting the shot in the arm it needs with funding for exploration and development from Massval Reso…
Editorial: There are risks, but rewards are great
Popular misconceptions are persistent beliefs, displaying an uncann y ability to remain alive no matter how untrue they may really be. One reason such misconceptions are labelled `popular’ is that eve…