Fort Knox Gold and Inco busy near Kenora
Could you please bring me up-to-date on Fort Knox Gold. I understand Inco has taken larger control or interest in the company. Please verify. G.S. Toronto, Ont When Fort Knox Gold Resources was origi…
News
Partners needed to develop a third of Alasaka’s minerals
Representatives from a corporation that proudly bills itself as the largest private landholder in the United States recently stopped in to see senior mineral exploration staff at some of Canada’s top …
Skyline Explorations says the Grade 16 zone has been reach at 1,
the crosscut adit on its 100% owned Reg claim group in the iskut River area of northwestern B.C. Visible gold has been spotted here and the company says assays are being done and results will be relea…
Sharpe on VSE
The shares and share purchase warrants of Sharpe Energy & Resources h ave begun trading on the Vancouver Stock Exchange, the company says. Sharpe will net approximately $170,000 in cash from an underw…
Former producer Lundmark readied for more drilling
The former producing Thompson-Lundmark gold mine near Yellowknife, N. W.T., is ready for diamond drilling following a $500,000 exploration program, Ardic Exploration and Development and Consolidated T…
Investment Comment: Projects prove capital gains opportunities are
** in Canada gold shares ** Investors looking for capital gain opportunities in Canadian gold shares should consider some of the numerous promising high quality gold exploration and development projec…
Additional work set for Elder project
A $3-million underground program has started on the Elder mine property held by joint venture partners Nova Beaucage Mines (35%) and Aunore Resources (65%). Located near Rouyn, Que., the property incl…
Payday Resources has changed its name to Perimeter Ventures Ltd.
share-for-share basis.
Aur drilling extends Bachelor Lake zone to Gewfrap property
Underground work by Aur Resources has shown that the gold zone being mined by Bachelor Lake Gold Mines on its Desmaraiasville, Que., property crosses over onto its Hewfran property. Aur, which has be…
Shareholders of Errington Industrial Enterprises have approved the
company’s acquisition of the Stairs gold prospect near Matachewan, Ont. The company’s name has also been changed to Goldteck Mines.
Troymin encouraged by prospecting finds
A prospecting program on the Berven Lake claims held under option by Troymin Resources has led to the discovery of four subeconomic zones of gold mineralization, the company says. Located 100 km north…
HudBay/Metalore deal still requires Ontex’s blessing
Rumors that a deal has been struck between Ontex Resources, Metalore Resources and Hudson Bay Gold Inc., concerning the Brookbank gold property near Beardmore, Ont., have been discounted by Ontex Pres…