First Dynasty completes financing
The securities commissions of Ontario, British Columbia and Alberta have approved the distribution of just over 4 million shares and 4 million warrants to purchase common shares of First Dynasty Mines…
News
LABRADOR NEWS ROUNDUP — Dentonia searches for targets
Work on four claim blocks 40 km northwest of the Voisey Bay discovery in Labrador is continuing in an effort to outline drill targets.The claims, which comprise 21,600 hectares in total, are owned by …
LABRADOR NEWS ROUNDUP — Tasialuk Lake returns anomalies
Airborne magnetic and electromagnetic (EM) anomalies have been identified on the two Tasialuk Lake properties held by Consolidated Magna Ventures (VSE) and Econ Ventures (VSE) near Voisey Bay, Labrado…
Allegheny Mines completes drill program at Olcott
Drilling at the Olcott property of Allegheny Mines (ASE), 20 km east of Atikokan, Ont., is reported to be building potential for a gold resource.The company announced that 19 holes were drilled over t…
LABRADOR NEWS ROUNDUP — Noront Resources to share properties with Castle Rock
Vancouver-listed companies Noront Resources and Castle Rock Exploration have agreed to work together on several properties in the Voisey Bay area of Labrador.Noront will grant Castle Rock the right to…
Globex and Santa Fe size up Duquesne West
Limited drill hole information has allowed Globex Mining Enterprises (ME) and Santa Fe Canadian Mining to calculate preliminary geological resources for the Fox and Shaft zones on the Duquesne West pr…
EDITORIAL PAGE — Gold and the Big Four
The gold industry is undergoing some fundamental changes. For proof of this, one need look no farther than the latest industry review by Gold Fields Mineral Services, entitled Gold 1995.The review, wh…
Fairfield Minerals weighing Siwash gold reserve potential
Having completed a program of close-spaced drilling on the Siwash gold mine near Merritt, B.C., Fairfield Minerals (TSE) is evaluating mining plans for next year.The infill program included 25,000 ft….
NEWS IN BRIEF (September 25, 1995)
Emerging Alberta Resources (EMA:VSE) has changed its name to Renfield Enterprises (RFD:VSE) on a 1-new-for-1-old-share basis.
STOCK MARKETS — Resource stocks dip as markets flatten out
An unstable dollar brought interest rate shivers to market traders last week, but few really lost their nerve as the Toronto Stock Exchange spent the week in a slow decline. The TSE 300 composite inde…
Expatriate Res. testing massive sulphide targets
Exploration work at the Finlayson project in the central Yukon is well under way.Owner Expatriate Resources (VSE) is searching for a volcanogenic massive sulphide deposit in an area underlain by large…
Nebex seeks new partner for Walsh Lake property
Although Barrick Gold (TSE) has dropped its option on the Walsh Lake property, owner Nebex Resources (ASE) is still encouraged by last winter’s drill results on the property, near Yellowknife, N.W.T.T…