A ground magnetic survey has begun on Blue Hill Capital’s (ASE) Athabasca No. 108 gold project to define possible drill targets. The property, situated near Fort MacKay, Alta., is a crown mining lease…
The exercise of share purchase warrants gives Canarc Resources (VSE) an additional $7.5 million in working capital, raising to $12.5 million the amount of cash on hand. The company is carrying out a $…
Production of flake graphite has begun at Victoria Graphite’s (CDN) property near Portland, in southeastern Ontario. Full-scale open-pit production is expected to be 10 tonnes per day from ore grading…
Many geologists who visit Nova Scotia scratch their heads over the great number of gold occurrences in the fold belts of Ordovician-age metasediments, known locally as Meguma terrains. They do so beca…
Toronto-based Caledonia Mining (TSE) reports that its 31.6%-owned affiliate, Reunion Mining, has started trading on the Luxembourg Stock Exchange. The listing follows Reunion’s successful placement of…
Having completed an initial public offering of units for gross proceeds of $550,000, Minprotech Mining has begun trading on the Alberta Stock Exchange. Each unit consists of one common share and a sha…
A US$3.5-million private placement will enable Crystallex International (VSE) to make option payments on and explore its Venezuelan gold projects. The 3-year convertible debenture will be convertible …
Wheaton River Minerals (TSE) is offering a private placement of 1 million special warrants at $2 each. Each warrant will entitle the holder to acquire one unit consisting of a common share and half a …
Common shares and common share purchase warrants of Rio Narcea have begun trading on the Toronto Stock Exchange. Upon completion of the initial public offering, the company will have 16.3 million comm…
Mining has ceased at the Jamestown open-pit gold mine in California. The mine, wholly owned by Sonora Gold (TSE), produced 92,000 oz. in 1993, 129,200 oz. in 1992 and 132,400 oz. in 1991. Sonora origi…
Western Troy Capital Resources (ASE) reports that work is continuing on its Wagg gold property in Menary Twp. near Nestor Falls, Ont. An open-cut designed to intersect the F, E and D zones has exposed…
As part of an option agreement with Teck (TSE), CDN-listed Atapa Minerals has completed in-depth exploration of a portion of the former’s property in Ontario’s Catherine and Pacaud twps. The program t…
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