Shakwak plans resurrection
A share roll-back, a name change and a financing are expected to breathe new life into Shakwak Exploration. Lack of funds forced the company to delist from the Vancouver Stock Exchange in 1989.Shakwak…
News
LABRADOR NEWS ROUNDUP — NDT drilling Project #52
Drilling is under way on Project #52, 45 km southwest of Nain, Labrador. NDT Ventures (VSE), which is earning a 51% interest in the property from Primero Industries (VSE), is targeting electromagnetic…
No Headline (November 13, 1995)
Based on a review of drilling results from the Grizzly deposit at the Golden Bear mine property in northwestern British Columbia, Wheaton River Minerals (TSE) estimates that the project hosts proven a…
LABRADOR NEWS ROUNDUP — Okak drilling cuts stringers
Drilling is continuing at the Okak property in Labrador.United Compass Resources (VSE) and Castle Rock Explorations (VSE), which are each earning a 35% interest in the property, report that the first …
Kenrich drills Corey gold property
Drilling on the Corey property in the Eskay Creek area of northwestern British Columbia is returning gold values for Kenrich Mining (VSE).Drilling has concentrated on the T.V. zone, a highly altered r…
Skyline branches into Indonesia
The acquisition of shares in Mutiara Resources Group will give International Skyline Resources (TSE) an interest in over 13.2 million acres of land in Indonesia.Skyline says the land package encompass…
LABRADOR NEWS ROUNDUP — Drilling starts at South Block
A drilling program will begin shortly on the South Block A and B claim groups in the Voisey Bay area of Labrador.Partners Dragoon Resources (VSE) and Consolidated Brenzac Development (VSE) are earning…
Positive study for Greenstone’s Mojon
A feasibility study has been completed on one of 25 prospective gold deposits found on Greenstone Resources’ (TSE) 75%-owned La Libertad concession in Nicaragua.The study concluded the Mojon deposit, …
Radarsat satellite goes into orbit
The Canadian Space Agency’s Radarsat satellite was successfully launched from Vandenberg Air Force Base in California on Nov. 4.Unlike standard earth observation satellites, which have sensors that pr…
LABRADOR NEWS ROUNDUP — Konrad returns anomalous values
Joint-venture partners International CanAlaska Resources (VSE) and All North Resources (VSE) completed an initial phase of four drill holes at the Konrad property in the Voisey Bay region of Labrador….
DIAMOND NEWS ROUNDUP — CRA joins diamond hunt in Canada’s North
The Central Selling Organization will be increasing its prices for rough gem diamonds of 2 carats and larger by an average of 5%, with the increase to take effect with the sight beginning Nov. 28, 199…
Eastmain to drill Timmins projects
A flow-through financing completed by Eastmain Resources (CDN) has netted the company $315,000. The funds will be used for diamond drilling at the Kidd and Akweskwa projects in the Timmins, Ont., area…