A new gold zone has been intersected on the Douay North-West property near Joutel, Que. Soquem is earning a 60% interest from Societe d’exploration miniere Vior (ME) by completing a drill program. The…
Richard Osborne elected chairman; Allen Born elected vice-chairman; Douglas Yearley elected vice-chairman and chairman of the financial committee; David Eckert, J. Harvey, Werner Nennecker and Richard…
Peter Kreutzer appointed chief executive officer and Andrew Hyslop appointed chairman and director.
Vancouver-listed junior Diamond Fields Resources will assume total ownership of the Loxton Dal and Frank Smith mines in South Africa. Chairman Jean-Raymond Boulle has announced plans to acquire an out…
Gold bullion prices were again weaker, but the slide was at least minor compared with that of last week. Spot prices were off US$1.05 per oz., closing at US$376.45. In spite of bullion weakness, the T…
Toronto-listed BGR Precious Metals has raised $42.6 million. The funds are from the sale of 2.5 million units at $17.85 per unit. Each unit consists of one Class A share and a Class A share purchase w…
Bamco Minerals — 1 million shs @ 20 cents per sh. Blackpool Exploration — 2.2 million shs @ 15 cents per sh. Dalton Res. — 2 million shs @ 10 cents per sh. Early Res. — 1.5 million shs @ 10 cents …
Junior T&H Resources (TSE) is negotiating with Michael Zhang for the right to acquire up to a 60% interest in a cement plant, near Changchun in southeastern China. By way of a private placement, Zhang…
The battle for riches from Ontario’s famous Hemlo gold camp is back in the courts. Three motions are to be heard this week in the Ontario Court, General Division, regarding the 7-year-old lawsuit brou…
(The following is the concluding instalment of a 3-part story.) Now wholly convinced by Henry Janin’s US$4-million evaluation of their play, the backers were determined to take the thing public. The S…
A $60-million exploration program is planned for the deep Victor base and precious metal deposit just north of Sudbury, Ont. Inco (TSE) is waiting for provincial government approval to begin a drillin…
A group of Canadian investors has negotiated a private placement in Queenston Mining (TSE). The financing consists of one million units at 80 cents each. The units consist of one share and one warrant…
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