Vancouver-based American Reserve Mining (VSE) has entered into a financing agreement with CMP 1989 II Resource Partnership for the sale of flow-through shares worth $1.4 million. The share purchase pr…
Calgary-based Perrex Resources recently entered into an agreement with NIM Resource — 1989 and Co. Ltd. in which Nim is subscribing for $500,000 common shares of Perrex. Proceeds of the subscription …
A group of junior companies with gold properties in Chester Twp., Ont., continued to see active trading again this week although there has been little news released regarding drill results obtained on…
Inco Limited (TSE) is always at least 20 years ahead of the game when it comes to keeping track of available, potentially mineable nickel ore reserves. While the exact use of the reserves, year by yea…
Struggling gold producer Belmoral Mines (TSE) has a new president and a new exploration chief. R. C. Brown, a company director and former president of Belmoral, has been named president, replacing Ken…
Billiton Metals Canada has acquired an option from NDU Resources (VSE) which gives it the right to earn a 50% interest in NDU’s Blende zinc-lead project in the Yukon. The 122-claim property is 45 mile…
Cameco and Uranerz Exploration and Mining have made a kimberlite discovery on their Fort a la Corne diamond property 60 km east of Prince Albert, Sask. The joint venture drilled a series of geophysica…
Hillsborough Resources (TSE) has signed a letter of intent giving it the right to earn a 50% interest in the Corner Bay copper deposit near Chibougamau, Que. Owned by Corner Bay Explorations, a privat…
Concerns about the relatively low share price of Pamorex Minerals (TSE) were voiced by a couple of shareholders at the company’s recent annual meeting. Pamorex is the exploration arm of the Pamour gro…
Drilling high grade is becoming commonplace near Carlin, Nev. Newmont Gold (NYSE), the largest operator in the area, has come up with another hot hole of 167 ft grading 1.12 oz gold per ton in the Dee…
An agreement has been negotiated by Exploration Rogi (ME) with Societe en Commandite Miniere McGill whereby the latter will subscribe for 445,313 flow-through shares of Rogi at 32 cents per share, an…
The Eskay Creek project in northwestern British Columbia may turn out to have base metal potential as well as being a major gold deposit, a director of Stikine Resources (VSE) said in Toronto. “It’s s…
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