News

Atlantic Report : Seabright continues development

Seabright Resources of Halifax is well advanced with underground development on two of its Nova Scotia gold properties. At Forest Hills in Guysborough Cty., a vertical shaft has been sunk to 750 ft to…


Devran Petroleum about to expand oil, gas operation

Vancouver-listed Devran Petroleum is about to expand its base of oil and gas operations in Ontario. Devran has received an option to buy all the Ontario oil and gas property interests of Onexco Oil an…


Glen Auden/Noranda agreement

Glen Auden Resources has entered into an agreement with Noranda Exploration Co. on its 26-claim Burntbush property in Hurtubise Twp., Ont., which is the western extension of the Casa Berardi area, Tho…


Letters to the Editor : OMA defends research record

Your editorials of Sept 22 and Sept 29 in regard to research and development would indicate there is very little, if any, research going on in the mining industry in Ontario and in Canada. In November…


Parquet gets funds for Quebec claims

Parquet Resources has received $621,428 from a limited partnersh ip in return for flow-through shares and receive up to $1.4 million more for exploration on two 100%-owned Quebec properties. Two dril…


Tylox/Noranda Red Lake drilling completed

Drilling has been completed on the Newman Todd property held in joint venture by Tylox Resource Corp. and Noranda Exploration in the west Red Lake area of Ontario. The Heath-Bull zone, where previous …



Over-The-Counter Trading Features

The heyday for Mount Pleasant Resources appears to be over as the iss ue continued losing ground to $2.50-$2.75. Starting from the 70 cents range in early June, this issue soared to $9 and has since …


Sea Gold assays from first hole at Hedley B.C.

The first diamond drill hole completed on the Cahill claim group in the Hedley, B.C., area by Consolidated Sea Gold Oil Corp. has returned commercial grade gold assays. Hole No 1 was completed to a to…



Average yields

The average stock yield on 111 dividend-paying stocks on the Toronto Stock Exchange as compiled by Moss, Lawson and Co. on prices of Oct 6 is up 0.03% at 3.83% from the previous week. The current yiel…



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