Drilling starts on Goldbrae’s Stump Lake bet
Drilling has started on Goldbrae Developments’ Stump Lake property in B.C. under option with Saturn Energy and Resources The initial program consists of 2,500 ft of diamond drillng on target No 1 whic…
News
$2.5m. in flow-through for Houston Metals bet
A $1-million exploration program is under way at the old Silver Queen Mine near Houston, B.C. The property falls under a joint venture agreement between Houston Metals and New Nadina Explorations. Reh…
Proteus acquires interest from Kerr
Vancouver-listed Proteus Resources has concluded an option agreement with Kerr Addison Gold Mines to purchase Kerr’s 50% interest in an 88-claim gold property in Garrison and Thackeray twps., Ont. for…
Acadia drilling Mooseland bet
So far, Acadia Mineral Ventures has lived up to the promises the company made when its shares were listed in Toronto last December. The company has raised $1.4 million and has two drills operating on …
Scintrex signs deal on exploration software
Scintrex has entered the software marketing business. Mineral exploration software, developed by Urquhart Dvorak, a geophysical consulting company in Toronto, and Noranda Exploration, the exploration …
Here it grows again: Battle Mt profit up 75%
As every reporting period comes and goes, the balance sheet of U.S.-based Battle Mountain Gold grows stronger and stronger. And this latest round of reporting does not disappoint. For the year ended D…
Norstar grades and recoveries 10% higher than study indicated
The 200-ton gold mill in Scadding Twp north of Sudbury will likely produce significantly more gold from the Norstar mine than was originally projected, The Northern Miner has gathered. According to pr…
Total Erickson to acquire Ranchmen shares
Toronto and Vancouver-listed Total Erickson Resources has entered into an agreement with John G. McDonald to acquire his controlling interest in Canadian Oil and Gas Funds (COGF), which holds the majo…
Silverside finds high-grade veins
Twin parallel high-grade veins composed of plate and dendritic native silver have been discovered by Silverside Resources on its Cobalt property in northeastern Ontario. One of the veins is estimated …
Toronto Stock Exchange Casa Berardi remains a bright spot on the
Investors have greeted budget day with a quiet “so what?” as the composite inched forward a scant 0.14 pt today to close the week at 3,560.03. This is in stark contrast to what was happening earlier t…
Salute veteran broker (head) – MRB
The Toronto Stock Exchange this week saluted Kenneth B. Andras celebrating his 60th anniversary as an employee of a member firm. Born in Toronto April 5, 1909, Mr Andras commenced his brokerage career…
Royex pays $52.3 million for control of Lacana
The purchase of a controlling 36% interest in Lacana Mining Corp. has been completed by Royex Gold Mining Corp. Representing 4.7 million Lacana shares, the control block was purchased from Westmin Res…