Australian firm to buy 33% stake in Granges
It looks as if Granges Exploration (TSE) will be taking on a major shareholder in the form of MIM Holdings of Australia. Under a recently concluded agreement between the two companies, MIM Canada will…
News
Troymin drilling La Ronge claims
A 2,000-m diamond drilling program is currently under way on the La Ronge area gold properties of Alberta-based junior Troymin Resources (ASE). On the Berven Lake property (CBS 7423), where Cameco is …
Drill programs planned for NWT bets
Large scale drill programs are being planned by Continental Pacific Resources (VSE) to test two targets in the Northwest Territories for their large tonnage, polymetallic and precious metal potential….
Roddy options Gold Bar
Roddy Resources (TSE), an Arizona gold producer managed by Belmoral Mines (TSE) which has a substantial interest in Roddy, has optioned a new property known as the Gold Bar in the Wickenburg area of A…
Moss Lake drilling highlights West zone
Results from three of eight holes drilled on the Moss Lake project in northwestern Ontario are “proving up an area where there were no values before,” says Storimin Exploration (ASE) President, A. E. …
Uranium symposium (February 13, 1989)
The Uranium Institute’s 14th annual symposium will be held in London, England, on Sept 6-8. Papers on a relevant area of experience and attendance at the symposium may be included. For more informatio…
Bissett mine sale revised
By mutual agreement, Cassiar Mining Corp. (TSE) and Rea Gold Corp. (TSE) have agreed to revise the terms of a letter of intent that will result in the sale of the Bissett gold mine and mill located at…
Yellow Band earning property interests
Options to acquire an interest in two properties in the Dolbeau area of Quebec have been acquired by Yellow Band Resources (VSE). Under an agreement with Sphinx Mining (ME), Yellow Band may acquire a …
Ican probes beneath Racey gold property
The first results from a winter drill program at Ican Minerals’ (TSE) Racey gold property in Oregon have just been released. After completing 30 holes before Christmas, Ican has two drill rigs on site…
Share prices of Dickenson, Kam-Kotia up sharply after Corona
Prices for the B shares of Dickenson Mines (TSE) and the common shares of Kam-Kotia Mines (TSE) jumped sharply following the announcement of a proposed takeover bid by Corona Corp. (TSE). At the close…
Magnacon project on schedule
Mine development at the Mag- nacon project in the Mishibishu area is proceeding on schedule, partners Muscocho Explorations (TSE), Windarra Minerals (TSE) and Flanagan McAdam Resources (TSE) say. Loca…
Montreal Exchange Market races on
The market continued to gather strength this past week, although the resources sector seemed to lose some of its steam in a mixed-trading performance; the mining and minerals index closed up 13.5 pts….