Lac Pelletier’s gold looks good to Alexis
A scoping study of Alexis Minerals’ (AMC-V, AXSMF-O) Lac Pelletier gold project, located 4 km southwest of Rouyn-Noranda, Que., concludes that a mine could be brought into production within a year and…
2007
Toronto Stock Exchange April 17-23
After setting a benchmark close of 13,711.96 early in the trading period of April 17-23, the S&P-TSX Composite Index settled down and finished 31 points lower, at 13,628.97. The Capped Metals &…
People (April 30, 2007)
Claude Res. — Bob Kowalishin appointed director.
Wesdome, WQM ponder merger
Toronto-based sister companies Wesdome Gold Mines (WDO-T, WDOFF-O) and Western Quebec Mines (WQM-T) say they are “exploring the possibility” of merging, but have the support of both boards of director…
More macros for Diamonds North (April 30, 2007)
Vancouver — Diamonds North Resources’ (DDN-V, DDNFF-O) Char kimberlite, on its Amaruk property in the Pelly Bay diamond district of Nunavut, has yielded 178 diamonds from a 159.35-kg sample, includin…
Kenrich-Eskay tallies Double Ed copper
Vancouver — Kenrich-Eskay Mining (KRE-V, KREKF-O) has delivered a modest resource estimate for the Double Ed deposit on its 50%-owned Coastal Copper project, located in the Anyox mining district in n…
Goldcorp takes stake in Cypress
Vancouver — Cypress Development (CYP-V, CYDVF-O) has lined up Goldcorp (G-T, GG-N) to take down a $2.6-million private placement.
Potter assays promising
Drilling at Millstream Mines’ (MLM-V), Potter property near Matheson, Ont., continues to hit encouraging intervals of massive sulphide mineralization.
Detour Gold quick out of the gate (April 30, 2007)
Sound drill results from its sole asset — the Detour Lake property in northern Ontario — has Detour Gold (DGC-T) moving up the market in step with rising gold prices.
Dividends (April 30, 2007)
Company Div.($) Pay Date Record Date CVRD 0.683* Apr 30 Jan 23 Freeport-Mc 0.31* May 1 Apr 16 First Quantum 0.625 May 10 Apr 19 Potash C Sask 0.15 May…
Exchange Rates (April 30, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Ursa Major gets bulk sampling approval
Ursa Major Minerals (UMJ-V, UMJMF-O) has received provincial approval for a bulk-sampling program at its Shakespeare nickel-copper project west of Sudbury, Ont.