News

Donald Cameron appointed director.

Since Sudbury Contact Mines (TSE) reported its discovery of eight microdiamonds on its Diamond Lake project a handful of companies have moved into the Kirkland Lake, Ont., region to stake more ground …

Robin Matthews appointed director.

Peter Gummer appointed director and vice-president, exploration.

Citing dismal prospects for the nickel market and Inco’s (TSE) high production costs, several analysts are issuing strong sell recommendations on shares of the world’s largest nickel producer. Indeed,…

A letter of intent to acquire a 100% interest in the Oro Verde copper-gold-silver property in Sonora, Mexico, has been signed by Minorca Resources (VSE). The company says it must remit 175,000 shares …

Perhaps Canadians can be forgiven when our masters are trying to decide how many Senators should be allowed to dance on the head of a pin; forgiven for not believing that these same esoteric philosoph…

Following shareholder approval, Inter-Rock Oil has purchased a numbered Ontario company with a gold prospect in Nevada and has changed its name to Inter-Rock Gold. Management is currently trying to ra…

British Columbia exploration dollars are flowing into low-risk, conservative plays this year as investors try to shelter funds from frosty winds on the home front. Jack Patterson of the B.C. & Yukon C…

A second-phase exploration program will begin this fall on the Silver Butte mine property in Oregon. The program will be carried out by Formosa Resources (VSE), mine operator, with funding provided by…

TSA Explorations Ltd. (VSE) has changed its name to Boron Chemicals International Ltd. with no consolidation of capital. The transfer agent is Montreal Trust.

Recent drilling results from the Yankee project have owner USMX (NASDAQ) predicting an extension to the mine’s life. The discovery is within the Yankee project near Ely, Nev., about two miles from the…