Business

MacDonald Mines Creates Technical Advisory Committee for Oxide Sands

Mar 11, 2017 @ 06:34 MacDonald Mines has created a Technical Advisory Committee; Jean-Philippe Desrochers, James Franklin, Ph.D., FRSC, P.Geo., Mackenzie Watson, B.Sc., P.Geol., P.Eng. and Hadyn Butler, B.Sc., P.Geo., P.Eng. and contracted Expedition Group of Companies Inc. to conduct the trenching of the Oxide Sands, one of the main gold targets on the property. From their press release, “The ...

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Northern Credit Union – Wawa Branch holds Annual Branch Meeting

Mar 1, 2017 @ 13:38 Monday evening, February 27, 2017, the Northern Credit Union – Wawa Branch held its Annual Branch Meeting. Delegate Board Chair Ulo Pihelgas was the chair for the meeting, and welcomed all; Branch Manager Liz Talian-Clarke and her staff. Fourteen branch members attended the meeting, The minutes for the last Annual Branch Meeting were accepted with a ...

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Red Pine Exploration Discovers High Grade Zone in the Surluga Deposit

Mar 1, 2017 @ 07:47 Red Pine Exploration Inc. has received partial results for holes SD-16-45 to SD-17-49 from its on-going drilling program at the Wawa Gold Project. Highlights from the drilling results include: Discovery of a high-grade zone in SD-16-45 containing 14.66 g/t gold over 15.21 metres (calculated true thickness; un-cut) in the Jubilee Shear Zone; Intersection of 7.65 g/t gold over 2.6 metres in SD-16-45 and of ...

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Hughes Présente Une Pétition Électronique Sue le Service Voyageurs de L’Algoma Central Railway

Feb 28, 2017 @ 18:51 La députée fédérale d’Algoma—Manitoulin—Kapuskasing, Carol Hughes, a déposé à la Chambre des communes une pétition électronique portant plus de 550 signatures d’appui au service voyageurs de l’Algoma Central Railway. « Depuis plus de 100 ans le service voyageurs de la société Algoma offrait un accès sûr et abordable en toute saison aux espaces sauvages d’Algoma ...

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Carol Hughes Delivers Online Algoma Passenger Train Petition in House of Commons

Feb 28, 2017 @ 18:41   An online petition with more than 550 signatures in support of Algoma Passenger Train Services has been presented in the House of Commons by Algoma-Manitoulin-Kapuskasing MP, Carol Hughes.     “For over a hundred years the Algoma Passenger Train offered safe, affordable, all-season access to the Algoma wilderness while supporting a strong tourism economy ...

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MacDonald Mines Exploration Ltd. – Newly Staked Claims are Promising

Feb 28, 2017 @ 09:09 MacDonald Mines Exploration Ltd. announces that it has begun a core sampling program at its Wawa-Holdsworth Project. The Company is also solidifying its position in the Wawa Gold District and has staked 84 hectares, approximately 10 kilometers southwest of the Wawa-Holdsworth Project (Figure 1).   Details of the Core Sampling Program The Company has begun ...

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Do you have Rentech Stock?

Feb 23, 2017 @ 10:29 The community of Wawa was stunned yesterday by the press release from Rentech, Inc. that its board has decided to idle the Wawa facility due to equipment and operational issues that would require additional unbudgeted capital investment. There is no word locally yet how many employees were employed at the facility, and are affected by ...

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Richmont Announces 4th Quarter and 2016 Financial Results

Richmont Mines Inc. announces operating and financial results for the three and twelve months ended December 31, 2016, driven by solid results from the Island Gold Mine. The Corporation hosted a conference call and webcast on Tuesday, February 21, 2017, beginning at 8:30 a.m. Eastern Time. This Conference call will be available for a short time (details below.) (All amounts are in Canadian dollars, unless ...

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Wesdome Announces 4th Quarter and 2016 Financial Results

Wesdome Gold Mines Ltd. has announced the fourth quarter (Q4) and full year financial results for the year ended December 31, 2016. All figures are stated in Canadian dollars unless otherwise noted. 2016 SUMMARY:  Gold production of 47,737 ounces, (2015: 50,470) in line with the Company’s revised guidance of 45,000 – 50,000 ounces Eagle River Mine underground production of 40,252 ounces ...

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Rentech Idles Wawa Facility; Company is now exploring Strategic Alternatives

Feb 21, 2017 @ 11:39 Rentech, Inc. announced today that its board has decided to idle the Wawa facility due to equipment and operational issues that would require additional unbudgeted capital investment. Today’s decision also results from continued uncertainty around profitability on pellets produced at the facility, making additional investment in the facility uneconomic for Rentech at this time. Idling ...

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Red Pine Stakes Additional Claims, Increases Area of Wawa Gold Project

Red Pine Exploration Inc. announces that it has staked an additional 194 hectares adjacent to its Wawa Gold Project, bringing its total land package to 5,373 hectares (Figure 1 to right). The staked ground appears to be an extension of the structure hosting the Golden Reed Mine which operated in 1907 and 1908 (calculated grade of production of 2.3 oz/ton ...

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Red Pine Exploration Seeks Funds

Red Pine Exploration Inc. is pleased to announce that it has entered into an agreement with Eventus Capital Corp. under which the Agent has agreed to act on behalf of the Company for a combined private placement of up to 16,670,000 units of the Company at a price of C$0.12 per Unit and a further 20,690,000 common shares of the ...

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Wawa Area Gold Production Surpasses 3,000,000 Ounces at end of 2015

At the end of 2015, Wawa area gold mines have produced over 3,000,000 ounces from about 13,000,000 tons of ore mined. Two gold mines in the region produced over 1,000,000 ounces of gold each: Renabie Gold Mines Ltd. (Renabie Mine) which operated from 1947 to 1991, and Wesdome Gold Mines Ltd. (Eagle River) which is still actively operating today. This is a remarkable achievement for area ...

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Government of Canada extends federal subsidy for the Algoma Central Railway passenger rail service – Service extended until March 2015

The Honourable Lisa Raitt, Minister of Transport, announced today that the Government of Canada will extend its $2.2-million federal subsidy to CN for the operation of the Algoma Central Railway (ACR) passenger rail service between Sault Ste. Marie and Hearst, Ontario until March 31, 2015. The one-year extension of federal support for the operation of the ACR passenger rail service will give affected stakeholders as well as local municipal ...

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