Junior companies active in Quebec; Lynx
Flush with cash after a series of recent financings, several juniors with ties to Quebec are gearing up for grassroots exploration work.- McWatters Mining (MCW-T) affiliate Maude Lake Exploration (MAU…
Moneta Porcupine Mines Inc
TSE to boot struggling juniors in August
Junior mining companies facing the boot from the Toronto Stock Exchange under strict new listing requirements have four months to turn their fortunes around.Starting Aug. 1, the TSE will delist any re…
Drilling activity paying off in Timmins
The opening weeks of 1999 have seen a series of discoveries in the Timmins and Matheson areas of northeastern Ontario.Drilling by Pentland Firth Ventures (PFO-T) at the Ludgate property in Michaud Twp…
Companies (February 01, 1999)
Aber ResourcesAmerica Mineral FieldsAnglo AmericanArgentina GoldArmistice ResourcesAzco MiningBarrick GoldBlackrock VenturesBlackstone ResourcesConsolidated Trilogy VenturesDe Beers Consolid…
Moneta to seek new partner for Michaud
A subsidiary of Barrick Gold (ABX-T) has dropped its option to earn a 60% interest in 52 of the 138 claims that comprise the Michaud property, near Timmins, Ont.Lac Exploration has opted to forgo furt…
STOCK MARKET — TSE hits another record high as gold majors rally — Precious and base metal prices remain lacklustre
The Toronto Stock Exchange continued to perform at an impressive pace during the report period of Oct. 8 to Oct. 14, with the TSE 300 composite index closing at 7168.77, a drop of 41.16 points, or 0.6…
Moneta intersects new zone at Nighthawk
A second phase of drilling by Moneta Porcupine Mines (ME-T) has intersected a new gold zone on the Nighthawk Lake project, near Timmins, Ont.The gold mineralization occurs in quartz veins within alter…
Moneta, Barrick hit more gold
Drilling on the Michaud gold property, east of Timmins, Ont., continues to return positive results for partners Moneta Porcupine Mines (me-t) and Barrick Gold (abx-t).Recently, in the central block of…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Gold keeps Ontario’s Porcupine district on the map
When the Porcupine gold camp, near Timmins, Ont., has to compete with the glamor of the Andes and the mystery of Southeast Asia, it pulls out its secret weapon: gold. Exploration somehow keeps going w…
Moneta consolidates at Night Hawk
With both Royal Oak Mines (TSE) and Echo Bay Mines (TSE) bringing properties in the Night Hawk Lake area, east of Timmins, Ont., into production, junior explorer Moneta Porcupine Mines (TSE) has been …
Michaud results yield gold values
Drilling on the Michaud property north of Kirkland Lake, Ont., has hit gold concentrations ranging from 1 to 12.9 grams per tonne.The ongoing program is being carried out by Barrick Gold (TSE). The pr…