Funding for Goldpost
Goldpost Resources Inc. has entered into an agreement with Middlefield Resources under which the Middlefield company is committed to provide Goldpost with $1 million for the purchase of flow- through …
Goldpost Resources Inc. has entered into an agreement with Middlefield Resources under which the Middlefield company is committed to provide Goldpost with $1 million for the purchase of flow- through …
An agreement has been signed between New Sabina Resources and Orcana Resources whereby Orcana may earn a 50% interest in the former’s Cook property in MacMurchy Twp., located 18 miles west of Gowganda…
Consolidated Rexpar Minerals and Chemicals recently announced financing plans that will take the company into merchant banking and investments business in association with Gornitzki, Thompson & Little…
The Ruttan mine at Leaf Rapids, Man., is being acquired by Hudson Bay Mining and Smelting from Sherritt Gordon Mines in a deal that is expected to be concluded by July 15. Hudson Bay Mining, a subsidi…
Recent drilling results from its Northwest Territories’ Tundra gold property makes Getty Resources an emerging junior gold stock which could soon produce 100,000 to 200,000 oz of gold annually. That’s…
Moneta Porcupine Mines has purchased 92 claims near Timmins, Ont., from Labrador Mining and Exploration. A majority of the claims (49) are in Tisdale Twp. Others are scattered across Shaw, Mountjoy, D…
The goal of Abermin Corp. is to become a “major mining company by 1995,” Roger P. Taylor, president, told the annual meeting. He said the Tartan Lake project in northern Manitoba (N.M., June 8/87) “wo…
After a burst of activity in recent weeks, some of Alberta’s most active precious metal stocks took a well earned breather. At least that’s how it looked after recent movers like Suffolk Resources and…
Its joint-venture agreement terminated on the Bateman Twp. project at Red Lake, Ont., McFinley Red Lake Mines now holds a 100% interest in the property. McFinley, which had a 50% interest in the proje…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) June 68.95 68.95 68.90 — 1.90 July…
There’s no doubt about it. Michael Wilson’s white paper on tax reform proved something of a blow to the mining industry in that it watered down flow-through share financing for mineral exploration. Wh…
In investment circles there’s a well-known adage which states that a good deal helps to sell a deal. In a bid to get the financing for its recent Queenston Gold Mine acquisition, Hugh Harbinson, presi…
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