Court dismisses McKenzie-Tagish claim to Eskay
The Supreme Court of British Columbia dismissed a motion by Tagish Resources (VSE) and Ken McKenzie to quash an Inspection Report prepared by the Ministry of Energy, Mines and Petroleum Resources whic…
News
Steven Roman Canada’s uranium king
The Roman Empire is the story of the greed, ruthlessness, sweetheart business deals and monumental ego of a man who made a fortune at the expense of others, says author Paul McKay. This book is his sc…
Lower output, grade hit Sonora earnings
Lower production and higher costs relating to Sonora Gold’s (TSE) 70% owned Jamestown mine in California have forced the company to consider a financial restructuring. A 42% owned affiliate of Northga…
INSIDER TRADING Cottrell profits by Gldn. Knight option
Golden Knight Resources’ (TSE) director Raymond Cottrell recently earned a substantial profit after exercising an option to purchase 5,000 shares for $8.75 each. According to the Ontario Securities Co…
Black Hawk buying Minago NSR royalty
Toronto-based Black Hawk Mining (TSE) says it has agreed to purchase the remaining 1.5% net smelter return royalty on its Minago nickel property for $160,000. The property, 140 miles south of Thompson…
Noranda, Manor join forces at Lake Bond
Newly formed Manor Resources (COATS), the result of an amalgamation of three junior concerns, has signed a letter of intent with Noranda (TSE) for further exploration on the Lake Bond property in Newf…
Montreal Exchange VSM is confident
The latest drilling results from near Quevillon, Que., have project partners VSM Exploration and Serem-Quebec confident they will be able to add to their already impressive preliminary zinc-copper- si…
Windy boosts copper reserve but latest results disappoint
Having completed a 22-hole program on the MacLeod Lake property north of Chibougamau, Que., Windy Mountain Explorations (COATS) has increased its preliminary reserve estimate to 37.5 million tonnes gr…
Invesfor ups stake in Audrey to 6.5%
In the hope that Audrey Resources (TSE) will eventually be the object of a takeover bid, Montreal investment firm Invesfor has increased its interest in the Rouyn- Noranda polymetallic miner to 6.5%. …
Tri-Alpha probes wollastonite bet
Vancouver-based Tri-Alpha Investments (VSE) reports a wollastonite find at its 298-claim property at St-Onge Twp. in the Lac St. Jean area of Quebec. President Barry Coughlan said the claims have unde…
VSM, launches new drilling program on Grevet zinc bet
Encouraged by a new discovery on optioned property about five kilometres southeast of their Grevet zinc project near Quevillon in northwestern Quebec, VSM Exploration (TSE) and Serem-Quebec have launc…
News In Brief Uranium price slips
U.S. uranium exchange company Nuexco reports that the exchange value of uranium (U/c3h/O/c8h/) fell in October to its lowest level ever in constant 1990 dollars, slipping US$1.75 to US$8.35 per lb. Th…