News

Canadian geophysicist John Tuzo has called for a scientific revolution in the earth sciences. In a speech in Toronto, Wilson, who is one of the early proponents of continental drift and plate tectonic…

The exercise of a put option will result in Pegasus Gold (TSE) owning 60.5% of Australian-based Zapopan. Ventures Trident Limited Partnership holds a put option requiring Pegasus to buy its Zapopan co…

To Royal Oak Mines President and Chief Executive Margaret Witte, the recent signing of a deal-in-principle to acquire the mothballed Colomac mine in the Northwest Territories must represent more than …

A debt restructuring undertaken by Republic Goldfields (VSE) and a pair of Canadian banks has occurred. As a result, the company has eliminated its short-term debt and more than 70% of its overall deb…

Jorge Jones appointed director and president. N5…

To explore base metal prospects in northwestern Ontario, Major General Resources (VSE) has completed a $750,000 private placement. The junior has an option to earn a 50% interest in five properties th…

Yale Simpson appointed president. N5…

A recent private placement enables Cazador Explorations to finish infill drilling on the BT gold deposit near Lynn Lake, Man. The placement totals 571,430 flow-through common shares at 28 cents each p…

Drilling by St. Jude Resources (VSE) on its Earngy Twp. property, 42 miles northeast of Red Lake, Ont., has returned encouraging gold values from the Woco vein. The vein is 1.5 miles south of the old …

James Sturgess appointed vice-president, environmental affairs. N5…

Randall Scott appointed vice-president and general manager. N5…

A letter of intent allows Adrian Resources (VSE) to buy the issued and outstanding shares (and shareholders’ loans) of Geo Recursos, a Panamanian company holding the Cerro Petaquilla concession in tha…