Sunburst financing funds drill program
A small $145,000 flow-through share financing completed by Sunburst Exploration enabled the company to start a 4,400-ft drill program on its Osnaburg and Dona claim blocks near Pickle Lake, Ont. Assay…
A small $145,000 flow-through share financing completed by Sunburst Exploration enabled the company to start a 4,400-ft drill program on its Osnaburg and Dona claim blocks near Pickle Lake, Ont. Assay…
Canadians, notorious for their ultra-conservative investment addic tion, appear to be shedding their Canada Savings Bond fixation and moving into the big, bold world of share ownership, i.e. the stock…
A successful drill program for gold zone extensions on its Cape Ray project on the south coast of Newfoundland has been completed by Dolphin Explorations. The two most significant intersections in the…
Three new appointments to deal with the increasing volume of claims and claims inspection work in the Timmins-Kirkland Lake area of Ontario, have been made by the province’s Ministry of Northern Devel…
Royex Gold Mining Corp. reports that arrangements have been made to fund mineral exploration during 1987 by a placement of flow- through common shares to CMP 1987 Resource Partnership and Company Ltd….
Gold mineralization has been intersected by diamond drilling on the Douay Twp., Que., property controlled by Beaufield Resources. Located east of Joutel, the property covers a geological sequence know…
Amidst the plethora of new up-and-coming heap leach situations, Hycroft Resources and Development Corp. appears to have been overlooked. Considering the production and earnings projected for 1988, its…
Power Exploration has obtained some encouraging gold assays on properties adjacent to two of northwestern Ontario’s significant recent gold discoveries. In the Pickle Lake area two new gold zones have…
Comaplex Resources International reports reductions in sales, cash flow and net profits for the first nine months of 1986 compared with the same period in 1985. Although revenue from the minerals divi…
McAdam Resources has invited Tashota Nipigon Mines and Quinteko Resources to each earn a 25% interest in McAdam’s right to earn a 100% interest in the McWatters gold property in northwestern Quebec. B…
A joint venture proposal, made by Placer Development, has been accepted by Golden Star Resources, the company says. Golden Star controls the Omai gold deposit in Guyana, South America. The Placer deal…
Further funding has been arranged by Teeshin Resources for exploration work at its Dome Mountain gold-silver project near Smithers, B.C., reports its president, Stafford Kelley. The company has a comm…
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