News




CROSS-CUTS Prospectors’ Triathalon

It should be a great party when Timmins, Ont. — the city with a heart of gold — celebrates its 75th anniversary this summer. We wonder, though, how many participants will be prepared to get up Sunda…



Queries There’s hope for O’Brien Energy

I have been a shareholder of O’Brien Energy and Resources for a good many years. I have followed its progress through news stories with interest and optimisim. Your reviews have generally been support…


Drilling enhances Raymor gold bet

Thirty drill holes, totalling 27,353 ft have been drilled on the main gold zone of Raymor Resources’ property in Amos, Que. Drill results are not all available yet but indications are the zone carries…



Details are provided on Ontario tax holiday

Mines in Ontario are subject to three separate levels of taxation: federal income tax, Ontario income tax and Ontario mining tax. The Ontario Mining Tax Act imposes a 20% tax on taxable mining profits…


Holmer raises working capital

A total of $148,500 to provide working capital by issuance of shares and share purchase warrants under an exempt private offering has been raised by Holmer Gold Mines. In other news, Holmer expects to…



Tandem excited by Moss Lake property

They aren’t popping the champagne corks just yet, but executives at Tandem Resources remain quietly optimistic that the company is sitting on top of a major gold discovery. After more than 12 months o…


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