Baffinland Iron Mines Corporation

Glimmer achieves commercial production

Company officials and visitors examine core from the Glimmer mine.New Year’s Day 1998 will mark the start of official production for the Glimmer mine project in northeastern Ontario.Operator Exall Res…




Court clears Glimmer Res. sale

Under a Canadian court action, the sale of Glimmer Resources (GME-V) may proceed.The General Division of the Ontario Court ruled that the right of first refusal in the Glimmer mine joint-Venture agree…


Stock mill begins custom milling

The Stock mill near Matheson, Ont., has begun operating again after a suspension of nearly three years.The mill, which is owned and operated by St Andrew Goldfields (SAS-T), recently began milling ore…


Exall Resources raises financing

In northeastern Ontario, development work continues on schedule at the Hislop Twp. gold project of Exall Resources (EXL-T) and Glimmer Resources (GME-V).The former has reached an agreement in principl…


Exall to buy stake in Hislop-Beatty

Exall Resources (TSE) has agreed to pay Hemlo Gold Mines (TSE) $3.1 million for its 60% controlling interest in the Hislop-Beatty gold property east of Timmins, Ont.Along with the cash payment, Hemlo …


Glimmer cancels buyout plans

Time ran out for Glimmer Resources (VSE) in its attempt to find financing for the purchase of Hemlo Gold Mines’ (TSE) interest in the Hislop-Beatty property near Matheson, Ont.The property has a gold …


Glimmer and Golden Dragon to join forces

A plan of arrangement has been drawn up that will see Canadian Golden Dragon Resources (VSE) absorb all the assets and liabilities of Glimmer Resources (VSE).Upon recieving shareholder, regulatory and…


NEWS ROUNDUP — Glimmer ends talks with Dragon

Discussions have ended between two Vancouver-listed juniors regarding financing for the Hislop Twp. gold property in northeastern Ontario,The property is owned by Glimmer Resources.According to Glimme…


Glimmer to buy Hemlo’s stake in Hislop-Beatty

After learning that Hemlo Gold Mines (TSE) intends to sell its 60% interest in the Hislop-Beatty gold joint venture, 40%-owner Glimmer Resources (VSE) announced its intention to exercise its first rig…



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