Toronto-based Deak International Resources Holdings has been granted an option to deal its holding in Nuinsco Resources (TSE) to affiliate Deak International Resources. Under an agreement, Deak Holdin…
Battle Mountain Gold (TSE) reports net earnings for the fourth quarter of $12.1 million(US) or 18 cents per share on revenue of $32.4 million compared with net earnings of $17.5 million or 27 cents …
An option to earn a 60% interest in the McElroy Twp., gold property near Larder Lake, Ont., has been obtained by Sudbury Contact Mines (TSE) from Legacy Explorations (COATS). The agreement, recently r…
The ongoing saga of Skyline Explorations (TSE) played to a full house at the company’s annual meeting held in Vancouver recently. Reginald and Joyce Davis were not re-elected to the board and a propos…
As was widely rumored, a group of senior operating and management personnel at Asamera Minerals (TSE) are interested in taking over the company. They have formed The New Asmin Group which has announce…
Production at 300 tons per day has been recommended for the Brown McDade gold-silver mine project located 60 km west of Carmacks in southern Yukon, a joint venture involving B.Y.G. Natural Resources (…
A $100,000-exploration program has been recommended for the 17-claim Cline East property held by partners Cline Development Corp. (VSE) and Transgold Resources (COATS). Located near Lochalsh, Ont., th…
Tundra Gold Mines (VSE) is operating two drill rigs on its 2,400-acre McKenzie Break property in Quebec. Drilling has returned encouraging results from two mineralized zones. Results include 1.3 ft gr…
The Supreme Court of British Columbia has dismissed an application by three shareholders of Quartz Mountain Gold (TSE) for an order postponing the company’s annual general meeting until March 6. The m…
ALUMINUM: MW U.S. Market $1.02- $1.05(US) per lb. (Feb 2, 1989). ANTIMONY: New York dealer $1.00 cents – $1.03(US) per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.75-$6.85(US) per lb (Jan 26, 1989…
Vancouver- based Thurber Consultants Ltd. has been selected to lead a $75,000 study of potential resource road access into the remote Iskut River area in northwestern British Columbia. The study is to…
A $40-million financing is being arranged by Campbell Resources (TSE). The cash will be used to fund the expansion of Campbell’s Joe Mann gold mine near Chibougamau, Que. Hosting reserves of 3.7 milli…
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