With a detailed feasibility study nearing completion, Golden Shield Resources anticipates a production decision to be made later this fall on its Mirado gold project, says President Raymond J. Mongeau…
Drilling by Sigma Mines on Vior Inc.’s Ligneris Twp. property in northwestern Quebec during July have been reported included the following best intersections: Grade …
Having recently completed a private placement of flow-through shares providing the company with $460,000 for exploration purposes, Santa Mar ia Resources has contracted for an initial 5,000 ft drill p…
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…
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 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…
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 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…
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 …
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…
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 …
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…
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