News

William Frederick Christensen has filed a notice of intention to distribute 150,000 shares of Lytton Minerals through the facilities of the Toronto Stock Exchange on or after Feb 17. The shares to be …

Results of a diamond drilling program on the Lone Star gold property near Dawson, Yukon Territory, have been announced by Dawson Eldorado Mines. The program, operated by Arbor Resources, was conducted…

The board of directors of Durham Resources has agreed to acquire approximately an additional 30% voting interest in Oakwood Petroleums for the issuance of 8,310,676 Durham shares. This will increase D…

Vancouver-listed Sands Mineral Corp. has raised $275,000 for exploration work in the Pangis-Batchawana and Favourable Lake areas of northern Ontario. About $150,000 has been budgeted for drilling on t…

What’s the latest that you’ve heard on Del Norte Chrome Corp? K.D. Toronto, Ont. The latest word from Del Norte Chrome Corp. is that a $120,000, 3,000-ft winter drill program has started on its 2,300-…

Diamond drilling on the Ahbau Creek property by Gabriel Resources has encountered gold, silver and copper mineralization in a series of massive sulphide veins. Results from the first two holes cut 7.8…

Northfield Minerals continued to add to last weeks gain, adding 20 cents to $1.10. The company along with partner Northern Ranger Oil and Gas, can earn a 30% stake in the Larder Lake, Ont., area prope…

Some detailed information has been made available to the public about Skyline Exploration’s Reg property in northwestern B.C. At this stage, management is confident the property could support a 200-to…

A bill to amend Ontario’s Mining Tax Act was expected to become law at presstime. The bill would eliminate the current graduated tax of up to 30%, which is imposed on mining profits, and replace it wi…

Three diamond drills are working underground with one additional drill on surface at Perron Gold Mines’ Soisson gold bet in the Val d’Or area of Quebec. Underground exploration is continuing on the A,…

For the fourth quarter of 1986, Malartic Hygrade Gold Mines realized net earnings of $448,784 or 13 cents per share compared to earnings of $338,977 or 10 cents per share during the same period of 1…

Moments after an upbeat, 10-minute video extolling the virtues of Internatonal Corona Resources ended, Vice-chairman Murray Pezim stormed out of the annual meeting vowing to regain control of the comp…