A 4-year dispute over ownership of the Saganaga gold property, 87 miles west of Thunder Bay, Ont., has been settled. Originally, Wye Resources (CDN) held a 60% interest in the 42-claim property, with …
Toronto-listed United Keno Hill Mines has filed a preliminary prospectus relating to an offering of an unspecified number of treasury shares. Proceeds of the transaction will repay short-term debt and…
A private Ontario company has made a deal to earn 45% of Southern Arizona Mining & Smelting’s (CDN) interest in the Magondi polymetallic property in Zimbabwe. Southern Arizona is earning a 75% interes…
Toronto-listed Northgate Exploration has called for redemption of its $40 million of 10% subordinated debentures issued in 1988. The redemption will occur 19 months ahead of the February, 1995, maturi…
In keeping with its African safari theme for the annual fall fair of The Women’s Association of the Mining Industry of Canada (WAMIC), the first prize in a raffle will be two tickets to South Africa. …
An agreement has been reached allowing Chetwynd Resources (CDN) to buy a 25% interest in privately owned Positano Granite Products. Positano holds seven claims near Sudbury, Ont., which contain a gran…
Toronto-based High River Gold Mines (TSE) is turning some of its attention to Africa. The junior, which is developing a gold project in Manitoba, has signed a letter of intent with an unnamed private …
Regulators have approved Tintina Mines’ (TSE) purchase of Amoco Canada Petroleum’s 50% interest in the Red Mountain molybdenum deposit. Tintina currently owns the other half. The deposit, 50 miles nor…
Vancouver-listed Eureka Resources (VSE) has negotiated a private placement of slightly more than a million shares at 17 cents per share. The placement carried with it an option on an additional millio…
Toronto-listed junior Queenston Mining (TSE) has completed a Euro Equity offering with European investors for 441,000 units at 85 cents per unit. The units consist of one share and one warrant; two wa…
Toronto-listed Hemlo Gold Mines can earn a half interest in Virginia Gold Mines’ (ME) Sagar III property in the Labrador trough area of Quebec. To do so, Hemlo must spend $2.5 million on exploration a…
A US$11-million acquisition is expected to almost double the land package held by Crystallex International (VSE) in northeastern Venezuela. The junior has signed an option agreement to acquire four co…
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