Toronto-based junior Belmoral Mines (ASE) has agreed to buy Langevin Resources, an oil and gas company managed by PanCanadian Petroleum (ASE). In connection with the acquisition, Belmoral will issue m…
Bridger Resources (BDG: VSE) has changed its name to BDG Pacific Resources with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Pacific Corporate Trust.
The exploration technology division of MITEC (Mining Industry Technology Council of Canada) is becoming an active agency through which industry funds are transferred to research groups. Several resear…
Several new anomalies which may represent mineralized and altered zones have been outlined in an airborne survey on the Cross Mine properties near Boulder, Colo. Nearly all of the known mineralized zo…
Ottawa-based junior Kinbauri Gold has increased to $10 million its damage claim against International African Mining Gold (IAMGOLD). Kinbauri launched the lawsuit in August, 1991, after IAMGOLD, a pri…
A second phase of drilling at the Black Pine property of Formation Capital (VSE) has extended the known strike length of possibly connected mineralized zones to more than 4,000 ft., compared with the …
Drilling on the Meliadine project, 10 miles north of Rankin Inlet in the Northwest Territories, has turned up a new gold zone. The project is a joint venture between Cumberland Resources (VSE) and Com…
An institutional investor has bought two million shares of Marshall Minerals (ASE) for $3 million. The holder of Marshall’s $3-million convertible debentures will, at the appropriate time, convert the…
Your past few issues had a number of letters regarding information problems and risk assumed by investors in mining companies involved with diamond exploration, especially in Canada. There is no doubt…
It was supposed to have been The Great Diamond Debate. But Paul Sarnoff, editor of Gold Stocks Advisory and noted diamond play skeptic, was thrown onto the ropes during a panel discussion sponsored by…
Drilling is expected to begin in early October on the Libby property to test zinc-lead targets. The project straddles the border near Trail, B.C., and includes the nearby Lead Hill mine property as we…
Partners Dia Met Minerals (TSE) and BHP Minerals Canada appear to have three economic diamondiferous kimberlite pipes on their land package in the Lac de Gras region of the Northwest Territories, plus…
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