Deak secures feed from Astoria
Toronto-based Deak Resources (TSE) recently signed two deals designed to secure future feed for its Kerr mill at Virginiatown, Ont. In Quebec, the gold miner has negotiated an option-royalty agreement…
Toronto-based Deak Resources (TSE) recently signed two deals designed to secure future feed for its Kerr mill at Virginiatown, Ont. In Quebec, the gold miner has negotiated an option-royalty agreement…
There is an opportunity for Canada’s Constitution “fixers” to make the proposed new Senate truly representative of the country’s regions. But if they stop at simply giving provinces equal representati…
The Little Giant gold-copper property in Arizona has been purchased by Goldstake Explorations (TSE). The purchase price was US$200,000 in cash, and a 2% gross production royalty with a minimum royalty…
The mineral potential of Utah is being given serious attention by Centurion Mines (NASDAQ), now the state’s largest holder of precious metals properties. The most recent acquisition was a 25% undivide…
In a bid to raise financing for its heavy mineral sand deposit in Quebec, Tiomin Resources has proposed an amalgamation with publicly traded New Pascalis Mines (ME). New Pascalis, 43% owned by Falconb…
Plans are afoot to reactivate Lyndex Explorations (CDN). Subject to regulatory approvals, the company plans to offer by way of a private placement 400,000 treasury shares on a flow-through basis at 15…
An agreement recently signed between CopperQuest (CDN) and Zacherra Holdings will give CopperQuest the option to purchase three mineral leases in Kidd Twp., Ont. The leases lie just west of ground hel…
Sentencing of those held responsible for a 1990 tailings spill near Elk Lake, Ont., has been postponed until the autumn. In July, Matachewan Consolidated Mines (TSE), its president Richard McCloskey a…
Improper equipment and failure to test for poisonous gases were causes of the deaths of three prospectors in the Ontario bush this year. The circumstances of deaths are identical. On July 9, two men d…
Two recent holes drilled by Westmin Resources (TSE) returned ore-grade intersections from the Gap/Battle zone areas at the company’s Myra Falls mine property near Campbell River, B.C. Hole 15-463 retu…
Western markets gained some ground during the period ended Aug. 25. The Vancouver Stock Exchange composite index added 7.2 points to finish at the 577 level, and the resource index posted a 10.9-point…
BGR Central Net Value $8.07 $4.86 Price $6.88 $4.50 Discount 14.81% 7.40% Value $47,965,000 $75,709,350…
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