Seeking funds to help bring a joint venture gold project in Ghana, West Africa, into production, Sikaman Gold Resources (TSE) has arranged a public offering designed to raise up to $15,150,000. The co…
Between 1983 and the end of 1988, flow-through share (FTS) financing raised some $3 billion for mineral exploration in Canada. Even though it typically takes years of exploration to identify a commerc…
A drill program on the silver property controlled by Sandy K Mines, a private company, will focus on drilling off three silver-bearing veins. Situated near Gowganda, Ont., the Sandy K property is bein…
A private placement has been completed by Platinova Resources (TSE) with Rayrock Yellowknife Resources (TSE). Rayrock purchased one million Platinova shares for 50 cents per share. Rayrock has also r…
Cambior Inc. (TSE) reports fourth quarter net earnings of $4.97 million or 21 cents per share on revenue of $28.21 million. For the same period a year earlier the company reported net earnings of $8….
American Barrick Resources (TSE) of Toronto reports fourth quarter 1988 net income of $14.3 million, or 24 cents per share compared with net income of $9.1 million, or 16 cents per share in 1987. Re…
Drilling by Tarzan Gold (ASE) on the Joburke gold property near Timmins, Ont., has identified two shoots within the 6-7 vein and the North zone vein systems. The property is held under option from Nor…
Like many junior explorers, Toronto-based Glimmer Resources (TSE) is attempting to survive in the current market climate by vending out the properties in its portfolio to larger companies. “We look fo…
Long awaited government approval to begin test milling and mining at the Surlaga gold mine and mill complex near Wawa, Ont., has finally been received by Citadel Gold Mines (TSE). The recent approval …
World prices for nickel rage on as the base metal continues to bring a smile to producers and investors alike. Low inventories and strong demand, especially from the stainless steel sector, have combi…
Some additional results were released recently from Bakra Resources’ Sannorm property in Manitoba where the company has succeeded in outlining three zones. The latest results from a 14-hole program fi…
Goldpost Resources (TSE) says the first hole of a four hole drill program on the west zone of the Hislop East property east of Timmins, Ont., has intersected 0.43 oz gold per ton across 42.2 ft from a…
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