WisCan files offering
Toronto-based WisCan Resources (TSE) said recently it has filed an exchange offering prospectus for the distribution of units to raise $1-2 million for its Wisconsin joint venture with Noranda (TSE). …
News
Ontario miners brace for new Act
Mine managers in Ontario, Canada’s largest mining province, will be exposed to stricter environmental regulations when amendments to the province’s mining act come into effect June 3, says a Toronto l…
Results encourage Cambior, Aurizon
Exploration drilling continues at the Sleeping Giant gold property of Aurizon Mines (TSE), north of Amos, Que., with six machines underground and one rig on surface, program operator Cambior Mines (TS…
NEWS IN BRIEF Nevada Goldfields
Nevada Goldfields (NGF:TSE) has changed its name to Consolidated Nevada Goldfields Corp. (KNV:TSE) with a 1-new-for-6-old-share consolidation. The transfer agent is Montreal Trust Co.
Adrian options Sky Creek claims
A recent agreement between Skyline Gold (TSE) and Adrian Resources (VSE) sets the stage for Adrian to acquire a 51% interest in the Sky Creek portion of Skyline’s Johnny Mountain property in northwest…
NEWS IN BRIEF Taseko Mines
Taseko Mines Ltd. (TKO: VSE) has changed its transfer agent to Montreal Trust Co.
Mimiska plans work program
An electromagnetic survey undertaken at the Pusticamica property in Mountain Twp. in northwestern Quebec identified three strong bedrock conductors, Societe Miniere Mimiska (ME) reported. The company …
NEWS IN BRIEF Teeshin Resources Ltd.
Teeshin Resources Ltd. (TEE:VSE) has changed its name to Habsberg Resources Inc. (HAB:VSE) with a consolidation of capital on a 1-new-for-8-old-share basis. The transfer agent is Central Guaranty Trus…
Arimetco moves on warrant issue
An agreement to manage the exercising of the outstanding Series 1 warrants of Arimetco International (TSE) by Sept. 30 has been entered into with securities firm Midland Walwyn, the company reported. …
Manor planning drill program
A 10-hole drilling program representing about 1,000 metres is set to get under way during the latter part of May at the Virginia gold property of Manor Resources (ASE) near Gander, Nfld. President W.A…
Government apathy, low prices led to drilling industry’s `collapse’
Contrary to our federal government’s assessment that “Canadian mineral exploration is still on its long-term secular trend,” the diamond drilling industry is in a state of collapse. Exploration expend…
LETTERS TO THE EDITOR Manitoba strategy
On the one hand, it is heartening to hear that the Filmon government is developing a sustainable development strategy for Manitoba’s mineral resources. On the other hand, it is disheartening to hear t…