Engaged in a public battle for control of Sutton Resources (VSE), management has completed a special warrants financing, to the tune of $22 million.Proceeds will be used to develop the Bulyanhulu gold…
A purchase agreement will give International Wayside Gold Mines (VSE) a 100% interest in the Cariboo Gold Quartz Mine property near Wells, B.C.The company already owns half of the property and will bu…
Junior Golden Quail Resources (VSE) has completed infill drilling on its 50%-owned gold property in San Bernardino Cty., Calif., and more drilling is planned.The recent program consisted of 11 reverse…
Drilling on the Harmony project on British Columbia’s Queen Charlotte Islands continues to return gold values for Misty Mountain Gold (TSE), and more work is planned.The junior is drilling off the Spe…
While it lost the prize of Voisey’s Bay to Inco (TSE), Falconbridge (TSE) does not walk away empty-handed, and may yet have its own chunk of Voisey’s Bay nickel.Nevertheless, Falco President Frank Pic…
In the latest attempt by a major to expand its operations, Echo Bay Mines (TSE) will buy a half interest in Brazilian-oriented Santa Elina Gold (TSE).The New York City-based company is held 66% by Ser…
Still drilling along the strike of its gold discovery in Thornloe Twp., west of Timmins, Ont., Band-Ore Resources (CDN) has intersected gold mineralization in four more drill holes.Two holes — TH96-1…
A co-operative project involving the Canada Centre for Mineral and Energy Technology (Canmet), the province of Ontario and the township of Red Lake offers considerable promise for maintaining the safe…
Junior Texas Star Resources (VSE) should soon have federal approval to proceed with a diamond exploration project in the Crater of Diamonds State Park in Arkansas.Pending the approval, Texas Star and …
Junior Pathfinder Resources (VSE) can acquire the Tungaberry copper project in Australia from Quadrant Resources.Situated in north-central Queensland, the property comprises 2,000 sq. km.Geophysical w…
Drilling at the Afridi Lake property in the Northwest Territories is reported to have intersected a land-based kimberlite pipe.Cypango Ventures (VSE) can earn a 51% interest from 70% owner Intertech M…
For two weeks in April, Kennecott will shut down its new smelter at Bingham Canyon, Utah.A replacement heat recovery system will be installed and repairs will be made to the acid plant. The company wi…
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