United Keno funding
United Keno Hill Mines reports it has an agreement with NIM and Co., Limited, Partnership — 1987, for the provision to United Keno of flow-through exploration funding. United Keno says it will issue …
News
United Gold hits goldon its Clio property LD
A 145-ft section grading 0.155 oz gold per ton has been pulled by United Gold Corp. on its Clio property in Tuolumne Cty., Calif. A total of five holes was drilled prior to the Christmas break and ass…
Belmoral looking for buyer to take control position
Within five months Belmoral Mines hopes to find a buyer willing to spend about $24.9 million for two blocks of shares that, combined, represent up to 27.4% of the company’s equity. In a twist on the W…
Sunrise acquires claims at Pickle Lk. and near Seabright
Sunrise Metals has acquired a block of mineral leases, subject to a 3% royalty and cash option payments, adjacent to Seabright Resources’ Beaverdam gold discovery in Nova Scotia. Sunrise has also acqu…
Tundra raises $2.6 million for underground work at Lamaque
Tundra Gold Mines has reached an agreement with NIM and Co. Limited Partnership — 1987 which will provide Tundra with $2.6 million. The cash will be provided on a flow-through share basis. Tundra wil…
Auction of shares set for Montreal
An auction of collectible stock certificates will be held on Feb 18 in Montreal. Organized by Micheline Masse, president of Stock Market Information Service, the auction will include many old and valu…
Alberta Stock Exchange Twin Gold leads pack
Tightly held Twin Gold Mines was one of the best performers this week, adding 70 cents to trade at a high of $2.25. The company controls the Lingman Lake gold deposit north of Red Lake, Ont. Hosting …
Ste-Genevieve to get interest in Quebec bet
Ste-Genevieve Resources reports it has entered into an agreement with the Norex (60%)-Cambior (40%) joint venture to acquire a 30% participating interest in the Waite- Camac base metal property stradd…
Massive acquires more claims rom Roman at Lingman Lake
Additional ground has been acquired by Massive Energy in the Lingman Lake area north of Red Lake, Ont. Massive has acquired an option to earn a 50% interest in 17 patented claims held by Roman Corp. T…
Montreal Exchange Mazarin makes waves
With 422,200 shares changing hands during the week, La Societe d’Exploration Mazarin surged ahead to its highest level since being listed on the Montreal Exchange in 1986. Mazarin peaked at 80 cents …
Mazarin makes major move into Labrador trough area
The Labrador trough area of northeastern Quebec has long been the subject of mineral exploration with some notable successes, but to the west of that regional geological feature exploration has been n…
Control of United going to Europeans
Control of United Mining Corp. could pass to a European group following the completion of a deal between United and a U.S.-based company, El Dorado Gold Mines. Under the terms of the agreement, United…