The Sicker Group on Vancouver Island has been the subject of some fairly intense exploration in recent years, much of it by Westmin Resources and Nexus Resource Corp. Westmin’s Buttle Lake mining oper…
A letter of intent has been signed between United Reef Petroleums and a private company for the purchase, by United, of a 32,000-acre concession in the Labrador Trough. Located in northeastern Quebec,…
A private placement has been completed by Goldstake Explorations which has raised $750,000. The issue of one million common shares with warrants was made to a European group. The proceeds, Goldstake s…
A unique showing of platinum mineralization, associated with uranium and gold, is the focus of an exploration program operated by Eldor Resources and funded by partner Mary Ellen Resources. Known as t…
It took nine years and 24 separate deals to consolidate the Big Missouri properties near Stewart, B.C., into a simplified package for Westmin Resources. Over that period, Tournigan Mining Explorations…
The mood at this year’s convention of the Prospectors and Developers Association of Canada will likely swing somewhere between exhilaration and apprehension. Among the 3,000 or so delegates expected…
Additional funding is being sought by Camindex Mines for the Valdez Creek Mine gold project in Alaska, in which Camindex has a 51% interest. The company reports it is in arrears with respect to its fu…
Mining is a great Canadian success story and is, to a significant extent, responsible for the high standard of living enjoyed by Canadians. It hardly behooves me to tell experts in the mining industry…
Even major companies like Noranda are starting to recognize the profit potential in small U.S.-based heap leach producers. Noranda Exploration recently concluded an option agreement with Beaver Resour…
With some excellent gold properties and a working capital of approximately $8.9 million, Getty Resources should be a key player on the Canadian exploration front this year. The company went public las…
A 1986 net loss of $3.9 million, or 64 cents a share, is reported by Potash Co. of America, compared with restated net earnings, before extraordinary charge, of $3.4 million, or 4 cents a share, in t…
With a working capital of $4.3 million, Brohm Resources says it is in an excellent financial position to develop its Gilt Edge project in South Dakota. The company recently completed a private placeme…
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