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…
News
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 …
Davidson Tisdale Mines has completed a private placement of 363,171
flow-through common shares at $4.95 per share. Proceeds from the private placement are $1,797,699. .N Duration Mines has negotiated a flow-through private placement of 90,000 shares at $1.75 for a to…
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…
Toronto Stock Exchange Metals the bright spot in a languishing
Wednesday close, Oct 15 The market spent the holiday week languishing in the doldrums and the story was no different today. The widely-followed composite 300 was down 0.80 pts to close at 3,017.39. …
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…
General Minerals, formerly Northgane prepares to produce
Once development work as well as equipment and operations modifications are complete, Calgary- based General Minerals Corp. (formerly Northgane Minerals) will prepare for the start of production at it…
Editorial: First platinum mine – where? who?
There’s a whole new game now. This country is blessed with an abundance and great assortment of minerals, the production and marketing of which remain central to our continuing prosperity. And our e…
Lightening acquires N.W.T. gold bet from Terra Mines
Lightning Minerals has received regulatory approval for an agreement to buy Terra Mines’ gold property 45 miles northeast of Yellowknife, N.W.T. Gold on the property occurs in a number of steeply dipp…