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Blue Falcon, Micron in Moapa option deal

A letter of intent to enter into an option agreement with Blue Falcon Mines has been signed by Micron Metals Canada (ASE) and its joint venture partners in the Moapa Valley prospect in Nevada. The agr…



Golden Rule, Manson Creek plan buybacks

Share buyback plans were announced recently by Calgary-based Golden Rule Resources (TSE) and its 58% owned subsidiary Manson Creek Resources (TSE). Golden Rule says it intends to acquire up to 1,052,0…




Corona puts Poco stake up for sale

Recent dramatic increases in the price of oil have provided Corona (TSE) with a perfect opportunity to seek a buyer for its stake in Poco Petroleums (TSE). Peter Steen, president of Corona, said the c…


Laverty drilling yields disappointing values

Narrow, localized zones carrying little gold appear to be the source of the strongly anomalous humus samples collected on the Laverty Red Lake Resources (COATS) claim group near Red lake, Ont. A 4-hol…


Fort Cady lawsuit

Corona (TSE) filed a lawsuit earlier this year in the Ontario Court, general division against its partner in the Fort Cady boric acid project, northeast of Los Angeles, Calif. Corona, through Fort Cad…



Barrick drills new zone east of Holt-McDermott

American Barrick Resources (TSE) is drilling what a company official has described as an “interesting new zone” on the Mattawasaga property, east of Barrick’s Holt-McDermott gold mine at Kirkland Lake…


Inco, Golden Knight renew Casa Berardi exploration

This month marks the start of a 15-month exploration program at Casa Berardi Est gold mine in Quebec of Inco Gold and Golden Knight Resources. The program is designed to define the mine’s resources in…


T.V. expose of VSE ignores mining

Mining exploration and development companies make up about 70% of listings on the Vancouver Stock Exchange. Despite this, the exchange’s important role in North American mining didn’t rate a mention i…


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