Reserves updated at Marshall bet
Marshall Minerals (ASE) recently released final ore reserve calculations from a gold project in the Ivory Coast of West Africa. After completing a 1990 work program that included 18 drill holes, Marsh…
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Integrated unit sale
Edmonton-based Integrated Resources says it raised $339,560 from a unit offering which closed last month. Each unit consisted of 2,000 shares comprising 1,600 flow-through shares and 400 common shares…
Cominco Resources may sell Chilean assets
London- based N.M. Rothschild & Sons and its Canadian affiliate have been retained by Cominco Resources International (TSE) to examine the potential for selling the company’s interests in several Chil…
Adrian drilling successful on Eskay `gap’
Drilling on the TOK claim gap within the Ski project owned by Adrian Resources (VSE) continues to return excellent assays and the company is confident reserves will increase as a result. The claim gap…
Newfoundland helps lobbyists with grants for prospecting
Newfoundland will introduce a program next spring designed to encourage people to prospect for gold. A 2-week prospecting course will be offered in May at a community college in Stephenville on the pr…
Hislop bet yields mixed assays for Glimmer, Noranda
A mixture of high- and low-grade gold assays have been reported by partners Glimmer Resources (VSE) and Noranda (TSE) from recent follow-up drilling on their Beatty-Hislop joint venture near Matheson,…
Ivanhoe in control of S.A. Goldfields with private placement
The board of directors of South American Goldfields (TSE) has been strengthened following the recent completion of a private placement with Ivanhoe Capital Corp. .TControl of the junior gold explorer …
Crown’s Jewel potential up on newest gold results
The potential of Crown Resources’ (VSE) Crown Jewel gold property in northeastern Washington continues to increase as results from a program financed by Battle Mountain Gold (TSE) are released. Crown …
Central Crude plans $7.7 million financing
Through two private placements totalling 700,000 units, Central Crude (TSE) expects to raise $7.7 million for continued exploration on its Eagle River and Moss Lake gold properties in northern Ontario…
Viceroy completes share issue
An issue of 700,000 common shares was recently completed by Viceroy Resources (TSE) at $4.75 per share. Net proceeds from the issue were $3.025 million. Viceroy has received no appeals against the rec…
ERG ceases trading
The Ontario Securities Commission has issued a cease-trading order to ERG Resources (TSE) for failure to make statutory filings. A hearing will take place on Dec. 14. ERG, which owns a gold tailings r…
Montreal Exchange Messeguay is active
Trading continued to move forward, with the market portfolio ahead by almost 6 points for our report period, and the mining and minerals index up almost 17 points. Daily trading activity ranged betwee…