News

Challenger options property in northwestern Ontario

Recently listed Challenger Minerals (VSE) has been granted the right to earn a 100% interest in the Marshall Lake copper-zinc property 160 miles northeast of Thunder Bay, Ont. Aur Resources (TSE) will…


Aurizon, Soquem complete deal

Soquem, the exploration arm of the Quebec government, is set to earn a 50% stake in Aurizon Mines’ (TSE) Bruneau Twp. gold property after closing an option agreement with Aurizon. Soquem can exercise …


Northgate amends debenture terms

Toronto-based Northgate Exploration (TSE) recently announced a plan to amend the terms of a $13.7-million 7% convertible subordinated debenture issue to allow for retraction on Aug. 28. Subject to reg…


Laramide provides funds for Atna

A recent private placement by Laramide Resources (VSE) will provide funds for Atna Resources (VSE) to initiate joint exploration for gold-rich copper-zinc deposits in central California. Atna has been…



Aber ships till samples to laboratory for analysis

Vancouver-based Aber Resources (TSE) says it has taken hundreds of till and esker samples to follow up geophysical anomalies on its properties in the Lac de Gras area of the Northwest Territories. The…


Amax encouraged by Robertson widths

Two holes drilled by Amax Gold (NYSE) returned promising gold values over appreciable widths from the Robertson gold property adjacent to Placer Dome’s Pipeline gold discovery in Nevada. Amax can earn…


Joutel find may give new life to Agnico mine

Encouraged by a strengthening gold price, investors pushed Agnico-Eagle Mines (TSE) to its 52-week high of $6.25 when news of a gold discovery at the Joutel division in northwestern Quebec hit Bay Str…


Ontex names date for Metalore appeal

The next round in the 6-year-old legal battle between Metalore Resources (TSE) and Ontex Resources (ASE) over 189 gold claims near Beardmore Ont., is set to begin on Jan. 11, 1993. On that date, an On…


MINER DETAILS — Alleged salting still a mystery

When Dessir Resources reported spectacular results from the Gibbs gold property in California last year, they seemed too good to be true. Skepticism was so great that Dessir, at the request of the Van…


Corona increases Stikine holdings

A recent offer to minority shareholders of Stikine Resources resulted in International Corona (TSE) and its affiliates holding 55% of the issued and outstanding shares of Stikine. Stikine owns 50% of …



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