News

1-new-for-each-5-old shares.

** bullish on gold ** It should come as no surprise that the recent rise in the price of gold and the strong showing by gold shares has moved many investors and observers into the bullish camp for gol…

Who gets what. It is the basis of every business transaction. It has also been the key issue at the recent Ontario Securities Commission hearings into the Thompson Committee report on junior financing…

A new high grade deposit area has been discovered on Viceroy Resources Corp.’s Castle Mountain open pit heap leach gold project located in San Bernardino Cty., Calif. The company says the new deposit …

share-for-share basis.

A 6,000-ft diamond drilling program is expected to start on the Federal Kirkland gold property controlled by Goldhunter Explorations. Located near Kirkland Lake, Ont., the seven claim property adjoins…

A Nov 17-18 symposium of the Saskatchewan Geological Society in Regina, to be followed next day (Nov 19) by the Saskatchewan Geological Survey “Open House,” will provide one of the first over-all revi…

a share-for-share basis.

A drilling program is under way on the Bourlamaque gold property held by Abitibi Resources. Located near Val d’Or, Que., the property was tested by a geophysical survey which identified several target…

Additional underground exploration is expected to start shortly on Augmitto Explorations’ gold property near Rouyn, Que. The work is being funded by a unit offering completed on Oct 15. The undergroun…

With a total of 26,141 ft drilled in 80 holes on its Bannockburn property near Madoc, Ont., Mono Gold Mines has calculated a provisional estimate of in-place reserves of 212,729 tons of 0.288 oz gold …

The highflyer on the COATS circuit this week was Consolidatd Grandview Inc., which soared to $2.88-$3.13. It opened at $1.40 and last week was less than 50 cents . At last report, the company was invo…