Corona ups stake in Newhawk
Gold producer Corona (TSE) has increased its interest in Newhawk Gold Mines (TSE) by participating in three flow-through share agreements valued at $2.1 million. By acquiring an additional 913,001 sha…
Gold producer Corona (TSE) has increased its interest in Newhawk Gold Mines (TSE) by participating in three flow-through share agreements valued at $2.1 million. By acquiring an additional 913,001 sha…
Mining executive J.M. Slack, who is spearheading the activities of Deak Resources (TSE), recently made his first formal investment in the Toronto company. .T J.M. Slack & Associates, a company contr…
Gold Vessel Resources (ASE) recently agreed to invest up to $1.5 million in an old Arizona mining property in the hope that it will generate some quick cash flow while yielding as yet undiscovered gol…
Cassiar Mining (TSE) recently assumed responsibility for completing work on its $50-million McDame asbestos project in British Columbia. Prior to Dec. 20, Hillsborough Resources (TSE) of Toronto was w…
High Frontier Resources (VSE) has acquired an option on 54 claims in Ontario’s Teck, Bernhardt and Maisonville twps. Frontier can earn a 100% interest in the claims by making a cash payment and issuin…
Low uranium prices — below US$10 per lb on the spot market — have wiped out the mining of that mineral in New Mexico. The state, which had 55 uranium mines in 1978, saw its last such mine close rece…
Pamorex Minerals (TSE) has signed an option agreement with Tundra Gold Mines (VSE) to explore Tundra’s Winnie Lake base metals property near Kirkland Lake, Ont. Drilling by Tundra last year intersecte…
In your story about Yukon developments on page one of The Northern Miner’s Jan. 1 issue, you mentioned Total Energold’s O’Brien gold property at Antimony Mountain among some of the most significant pr…
Busy Dundee-Palliser Resources (TSE) recently entered into a couple of financing agreements designed to raise $571,300 for exploration on two northwestern Quebec projects. They include the Grevet/Moun…
A deal between Corona (TSE and Asamera Minerals (TSE) which would have seen Corona acquire a 51% interest in the Cannon gold-silver mine in Washington State has fallen through. Gold-producer Corona wo…
The joint venture agreement with Belmont Resources (VSE) for development of the Wonder gold-silver mine near Reno, Nev., has been terminate d by Avino Resources (VSE). Avino noted that the project is …
Nuinsco Resources (TSE) President Doug Hume remains doggedly determined that his company’s Cameron Lake gold project in northwestern Ontario will even tually be a mine. After a number of setbacks, inc…
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