Major funds search for PGMs
Teck (TEK-T) has completed a $250,000 flow-through financing in each of East West Resource (EWR-V) and Canadian Golden Dragon Resources (CGG-V) and reached a deal with the pair to explore eight…
Rainy Mountain Royalty Corp
Hunter-Dickinson options Ontario property
The Hunter-Dickinson group has entered into an option agreement for a nickel/platinum-group-metal (PGM) prospect near Beardmore, Ont. The 167-claim Eva-Kitto property is held 50-50 by East West Resour…
PGM search intensifies in Ontario
An increasing interest from the majors and an ongoing price rally are adding momentum to the search for platinum and palladium deposits in northern Ontario. At last count, more than a dozen companies …
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Victory, Polymet lead VSE to soaring levels
The Vancouver Stock Exchange composite index soared 13.66 points, or 3.1%, to finish the week ended May 4 at 450.17. The mining index followed suit, tacking on 11.03 points, or 3.5%, to close at 321.5…
Drills turn at three Abitibi base metal projects
Overshadowed by gold projects since the 1980s, base metal exploration in Eastern Canada’s Abitibi belt has gained a higher profile over the past two years as results have filtered out from new project…
Companies (December 14, 1998)
Agnico-Eagle MinesAkrokeri-Ashanti Gold MinesAlmaden ResourcesAltius MineralsAmbrex MiningAmerican GemAnglogoldArgentina GoldAsia Pacific ResourcesAuspex MineralsAvalon VenturesBarrick Gold…
GOLD AND PRECIOUS METALS — Cross Lake reports platinum-palladium find
Drilling by East West Resource (EWR-V) has led to the discovery of a zone of platinum-palladium and nickel-copper mineralization at the Reeves-Sewell project, 50 km southwest of Timmins, Ont.The Reeve…
Night Hawk Lake plans set
The four companies that constitute the Night Hawk Lake joint venture have approved a $410,000 program of downhole and ground geophysics, data interpretation and drilling. The 637-claim property is 38 …
MINING MARKETS AND INVESTMENT NEWS – WESTERN MARKETS — Composite, mining indices dip in Vancouver, Alberta
The Vancouver Stock Exchange composite index lost 3.57 points, or 0.56%, to close at 632.51 over the report period ended April 21. The mining index also dipped, losing 8.2 points, or 1.6%, to close at…
STOCK MARKETS — El Misti Gold among VSE volume leaders once again — International CanAlaska makes deal with Royal Oak on Timmins-Michie
The Vancouver Stock exchange composite index lost 5.88 points, or 0.9%, to close at 624.77 over the report period ended Mar. 10. The mining index also lost ground, slipping 7.9 points, or 1.5% to clos…
STOCK MARKETS — Western markets regain some strength — Drill results keep Cross Lake hopeful; Winspear makes headway at Snap Lake
The Vancouver Stock Exchange composite index finished the report period ended Jan. 20 up 14.86 points, or 2.6%, at 594.06. The mining index closed at 489.72, a gain of 19.51 points, or 4.1%. The combi…
Cross Lake pulls more copper, zinc values
New drill results from the Sheraton-Timmins project of Cross Lake Minerals (CRN-V) in northeastern Ontario’s Sheraton Twp., indicate a wide package of mineralized zones along a strike length of about …