Business

Essar Steel Algoma Returns to its Roots – Rebrands as Algoma

A company with inseparable ties to Sault Ste. Marie and a rich, century old steelmaking tradition is returning to its roots. After a decade known as Essar Steel Algoma, the historic steel manufacturer has launched its new brand: Algoma. Today during a ceremony at its facilities on the shores of the St. Mary’s River employees gathered to mark a new ...

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RT Minerals files NI 43-101 Technical Report for Ballard Lake

May 24, 2017 @ 13:38 RT Minerals Corp. announces that the Company has filed a NI 43-101 Technical Report on SEDAR for the Ballard Lake diamond and gold property (the “Property”), which is 100% owned and subject to a 2% retained royalty.   The Ballard Lake property is located approximately 50 kilometres northeast of Wawa, Ontario, Canada, within the Michipicoten ...

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Red Pine adds Second Drill to Drilling Program

May 18, 2017 @ 08:18 Red Pine Exploration Inc. has expanded the current 20,000 metre drill program by adding another drill to carry out an additional 10,000 metres. One of the drills currently on site is attempting to expand the existing inferred gold resource while the other will potentially connect other zones of gold mineralization (the Wawa Gold Corridor) recently ...

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Composting Workshop – Great Success!

May 12, 2017 @ 10:50 Last night The EDC of Wawa held a Composting Workshop. Over 27 people attended this event, and learned the basics of composting. Not only does composting create healthier growing material for your gardening efforts, it reduces the amount of garbage going to the landfill, reduces fertilizer usage and lessens water consumption, and eventually saves you money. ...

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Northern Credit Union – ‘Small Business Rocks’ wins National Award

May 10, 2017 @ 11:19   The national association for Canada’s credit unions, the Canadian Credit Union Association (CCUA) has announced the recipients of the 2017 National Credit Union Awards Program at last night’s gala event during the Association’s annual, national conference Halifax, NS last night, May 10. “There’s no doubt that Canada’s credit unions and caisses populaires have always ...

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RT Minerals files NI 43-101 Technical Report

May 8, 2017 @ 21:24 RT Minerals Corp. announces that the Company has filed a NI 43-101 Technical Report on SEDAR for the 100% optioned Norwalk Gold Property located near Wawa, Ontario. Several historical mineralized gold occurrences are present on the Norwalk Property including the Norwalk Gold Mine (Au), the Fred C Shaft (Au), the Gananoque Vein (Au), and the ...

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MacDonald Mines Acquires 100% Interest in Holdsworth Property

May 5, 2017 @ 14:56 MacDonald Mines Exploration Ltd. is pleased to announce that, following the execution of a binding Letter of Intent, it has executed a definitive Purchase and Sale Agreement with Noble Mineral Exploration Inc. to acquire Noble’s entire interest in the Holdsworth property, located 25 kilometres northeast of Wawa, Ontario. The Property is part of the land ...

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Richmont elects new Directors

May 5, 2017 @ 14:53 Richmont Mines Inc. announces that the nominees listed in the management information circular for the 2017 Annual and Special Meeting of Shareholders held today were elected as directors of Richmont. Results of the vote for the election of directors, the appointment of auditors, the amended and restated shareholder rights plan and the advisory resolution on ...

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Red Pine Receives Encouraging Results from Winter Drilling Program

May 5, 2017 @ 13:19 Red Pine Exploration Inc. has received the final assay results for holes DG-17-53 to DG-17-66 that were drilled 3 km south of the Surluga Deposit in the Darwin-Grace Mine area as part of the 6,000m winter drilling program. Drilling highlights include (see Figure 1 and Table 1): DG-17-54: intersected the central high-grade zone of the Darwin-Grace Mine 13.07 g/t ...

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Wesdome Announces First Quarter 2017 Financial Results

May 5, 2017 @ 08:05 Wesdome Gold Mines Ltd. has announced the financial results for the first quarter of 2017. All figures are stated in Canadian dollars unless otherwise noted. Mr. Duncan Middlemiss, President and CEO, commented, “We enjoyed a strong start to the year producing 15,162 ounces in the quarter. This firmly puts us within our stated production guidance of ...

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MacDonald Mines Prepares for NI43-101 Resource at its Wawa-Holdsworth Project

May 4, 2017 @ 08:43 MacDonald Mines Exploration Ltd.  announces that it has contracted Golder Associates Ltd.  to recommend minimum sample spacing requirements to support the eventual completion of a NI43-101 Inferred Resource estimate of the Oxide Sands at the Wawa-Holdsworth Project. Quentin Yarie, MacDonald’s President and CEO commented: “We’ve identified the Oxide Sands at our Wawa-Holdsworth Project as a near-term ...

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Red Pine Exploration Intersects Visible Gold in New Drill Holes South of Surluga Deposit

May 3, 2017 @ 08:57 Red Pine Exploration Inc. has completed holes SD-17-73 to SD-17-79, that were drilled immediately south of the Surluga Deposit in the Minto Mine area as part of the new 10,000m spring drilling program. The Company anticipates receiving the initial assay results in the coming weeks. Preliminary highlights include (see Figure 1): SD-17-73 to SD-17-79: Visible gold observed ...

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Wesdome Announces Eagle River Complex Drilling Update

Apr 28, 2017 @ 08:02 Wesdome Gold Mines Ltd. is pleased to update drilling results from its Eagle River and Mishi gold mines, Wawa, Ontario. EAGLE RIVER MINE Recent underground drilling results have extended the 300W Zone 250 metres above the 942 metre level drift which averaged 16.54 g/t (cut to 140 g/t) over a length of 141.0 metres with ...

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RBC Stands Firm on Closing Dubreuilville Branch

  At last night’s Dubreuilville Council Meeting, members of the Royal Bank of Canada spoke to Mayor and Council about the impending closure of the local branch.   Scott Sonder, Regional VP for RBC; Robin Maj, RBC Branch Manager – Wawa and another gentleman were present for the meeting. Carol Hughes, MP Algoma-Manitoulin-Kapuskasing also attended the meeting.   It was ...

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