Queenston makes Euro offering
A Euro-equity offering with European investors for 520,000 common shares at 63 cents per share has been completed by Queenston Mining (TSE). Brokerage house Deacon Barclays de Zoete Wedd acted as Quee…
A Euro-equity offering with European investors for 520,000 common shares at 63 cents per share has been completed by Queenston Mining (TSE). Brokerage house Deacon Barclays de Zoete Wedd acted as Quee…
Following up previously announced plans, Amax Gold (NYSE) is proceeding with the acquisition of a 50% interest in the Refugio gold property in central Chile. Amax originally announced its intention to…
Toronto-based junior Trump Reserve Minerals (ASE) has concluded an agreement to earn a 50% interest in a 36-claim gold property just east of Lebel-sur-Quevillon, Que., from Murgor Resources (VSE). Und…
Operator Western Quebec Mines (TSE) expects to be hauling ore from the Dubuisson East deposit near Val d’Or, Que., before month-end after completing a 1,000-metre drift from its neighboring Joubi gold…
Despite weak market conditions, Nerco (NYSE) is still considering the possible sale of its minerals subsidiary which owns and operates a number of precious metal mines, including the Con gold mine at …
One of the highest-profile projects in southwestern U.S. is the continuing exploration and development program at the Pipeline gold deposit in Crescent Valley, Nev. The Pipeline project is part of the…
With the promising Brookbank gold project near Beardmore, Ont., still tied up by a property ownership dispute, the president of Ontex Resources (ASE) recently sold some of his interest in the junior. …
Waddy Lake Resources (TSE) has announced further drill results from a recently completed program on its Komis deposit near La Ronge, Sask. The 20-hole program was designed to confirm and expand minera…
Toronto-based junior Glencairn Exploration (ASE) has purchased a 100% interest in a 60-claim base metal property near Cranbrook, B.C. The claims are three kilometres southwest of a property where Cons…
Despite Ontario’s apparently hostile policy toward mining, most major exploration companies feel that the province has good exploration potential for volcanogenic-hosted massive sulphide deposits. Thi…
Toronto-based junior Hillsborough Resources (TSE) is currently evaluating the possibility of reopening the historic El Oro gold camp northwest of Mexico City. The El Oro gold district produced more th…
Several diamond exploration experts have drawn parallels between the diamond-producing regions of Siberia and the Slave province of the Northwest Territories, where exploration is still in its early s…
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