News


Two drills testing Mexican Hat property

Two drills are testing Oneida Resources’ (VSE) Mexican Hat gold property in southeastern Arizona. The property was recently optioned to Placer Dome (TSE) which has taken over as operator. One of the r…


News in Brief (June 12, 1989)

Nickling Resources has changed its name to Florin Resources Inc. (FLN:VSE) on a 1-new-for-3-old share basis. Transfer agent is Central Guaranty Trust Company.



Nevada tax increase boosts unit costs for Amax Gold

The decision by the State of Nevada to increase its net proceeds tax from 2% to 5% has hurt Nevada gold producers including Amax Gold (NYSE). At the company’s recent annual meeting in Denver, Colo., C…



First-refusal rights alter Homestake, Esso deal

Homestake Mining (Canada) Ltd. should soon know which holdings it is likely to end up with from the remaining property assets of Esso Minerals Canada. Earlier this year, Homestake made a $29-million b…


Earnings Report (June 12, 1989)

Aur Resources (TSE) reported earnings for the 6-month period ended Mar 31 of $1.1 million or 6.4 cents per share. In the same period last year the company reported earnings of $1.4 million or 9.2 cen…


Prospectors welcome court ruling

A Supreme Court of Ontario ruling on claims staking is being interpreted as favorable news for prospectors. Two claims in northwestern Ontario staked by Ray Ramsay in 1986 were cancelled a year later …


Athena results from Talapoosa

Athena Gold Corp. (VSE) says that significant results were achieved in the final phase of drilling at its Talapoosa gold property in Nevada. Drilling in the Bear Creek zone returned 285 ft of 0.081 oz…


Skyline Gold goes it alone with $2 million program

Financially embattled Skyline Gold Corp. (TSE), which owns and operates the Johnny Mountain gold mine in the Iskut River region of British Columbia, has terminated discussions aimed at finding a purch…


Cross Lake adds to Lac St. Jean claims

Cross Lake Minerals (VSE) and its joint venture partners, Tarzan Gold (ASE) and Glen Auden Resources (TSE) have added an additional 42 claims to the 64 already optioned by them in the Lac St. Jean are…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close