News

Toronto-based Kingswood Explorations (ASE) has discovered what it believes is a major new shear zone at its Devon property near Matheson, Ont. where the first results from a 12-hole program have just …

In 1975 I was cruising around the State of Guerrero, Mexico looking at showings and my travels took me through Chilpancingo, the capital of that state. I looked up a man whose first name was Francisco…

A general and special meeting is being organized by Normetal Mining Exploration (ME) for Dec 21 at Rouyn-Noranda, Que., at which shareholders will vote on a private placement worth $400,000 with Socie…

Toronto-based affiliates Syngold Exploration (TSE) and International Thunderwood Explorations (TSE) have agreed in principle to merge their exploration assets into a single company. The decision to am…

The first step of a 3-stage process to consolidate the assets of related companies, Prime Capital, Delaware Resources (VSE) and Colossus Resource Equities (VSE) into a single entity was recently compl…

A diamond drilling program has been completed by Bitech Energy Resources (ASE) on the company’s Nugget Pond gold property near Betts Cove, Newfoundland. Bitech completed 16 holes for a total of 6,700 …

Investors reacted positively to a recapitalization plan by Inco Ltd. (TSE) involving a rights plan and special dividend after shareholders of the nickel giant voted their approval. Prices of the compa…

Beauchamps Exploration (VSE) has acquired a 48-claim property in Surimau Twp., Que. Located 16 km south of Cadillac, the property was purchased for $8,000 and 100,000 Beauchamps shares at a deemed val…

A prefeasibility report on gold reserves at the Seabee deposit in northern Saskatchewan has been received by Claude Resources (TSE). The report was recently completed by A.C.A. Howe International, a m…

Start-up by late 1989 of an open- pit barite mining operation near Upton in Quebec’s Eastern Townships, has been announced by Robex Resources (ME). The company reports it is acting on the results of a…

I have a certificate for 500 shares in a company called Yama Gold Mines Ltd. The shares were purchased for a price of $1 each in 1939. Can you please advise me on the status of this company? Paul For…

A financing package that would have seen Golden Knight Resources (TSE) purchase one million shares of Plexus Resources (TSE) at $3 each has been terminated. It was contingent upon the latter’s Rawhide…