Chutline acquiring mineral properties
Stan North Mining, a private company with gold and base metal properties in Ontario and Manitoba, is negotiating to sell its assets to Toronto-based Chutline Resources (VSE). Both companies share comm…
Stan North Mining, a private company with gold and base metal properties in Ontario and Manitoba, is negotiating to sell its assets to Toronto-based Chutline Resources (VSE). Both companies share comm…
The Bend deposit in Wisconsin has yielded the widest intersections of copper-gold mineralization yet for NDU Resources (VSE). Infill drilling on an established reserve, NDU cut 69.5 ft. (true width) g…
MINEREX RESOURCES — Wayne Lenton appointed chairman of the board; John Devitt appointed president and director. ENERGY RESOURCES CONSERVATION BOARD — Frank Mink and Philip Prince appointed vice-chai…
VANCOUVER The share price of Corona (TSE) has strengthened modestly in recent weeks as the company continues efforts to divest itself of non-core assets in order to reduce debt and move ahead with its…
Drilling on the South Kemess project continues to expand the area of mineralization with assays from all the holes in the recent winter program intersecting wide copper-gold values. The South Kemess p…
Results from an initial reserve study on the Brewery Creek project were released by Loki Gold (VSE), a juniopr holding an option to earn a 40% working interest in the Yukon gold project from a unit of…
A large ultrabasic intrusive in Riggs Twp., near Wawa, Ont., is the focus of an intriguing industrial mineals play managed by Quote Resources (VSE) and Watson Lake Mines (ASE). The equal partners (T.N…
As expected Teck (TSE) reported a healthy boost in operating profit for 1990 from its 50% interests in the David Bell and Williams gold mines at Helmo, Ont. Gold production from the Hemlo mines totall…
Toronto-based Kerr Addison Mines (TSE), the 51% owned Noranda (TSE) affiliate, reported a significant increase in 1990 earnings, thanks largely to strong production performances at its mining operatio…
A drilling program is expected to start shortly on the Monument Bay property in northeastern Manitoba. Bellex Mining (VSE) recently completed an option deal with a unit of Noranda (TSE) allowing it th…
Denison Mines (TSE) is attempting to persuade its lead bankers to reschedule payments on a US$209.4-million loan arranged to finance development of the company’s potash mine in New Brunswick. After fa…
A financing package arranged by Central Crude (TSE) for the Moss Lake and Eagle River gold projects has fallen through, even as recent calculations show an increase in reserves at Eagle River. Citing …
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