Nucanolan Resources announces that the working option agreement with Echo Bay Mines regarding the Kenora mining division property has been terminated. The agreement is dated Sept 13, 1985. The proper…
Take 45 of the largest financial institutions in the world, add almost $40 million in capital — loose change for the big players — and you get Resource Capital International (RCI). Bermuda-based in …
Brenda Mines reports a third- quarter net loss of $2.8 million or 61 cents a share, on revenues of $11.6 million. The company reported a third-quarter loss last year of $3,076,000, but notes results f…
Visible gold has been cut in a drill section completed by Duration Mines on the company’s large Casa Berardi area property in Quebec. Three of seven holes intersected quartz veining associated with a …
Ramm Venture Corp., which was the third largest trader on the Vancouver exchange in 1984, trading as high as $3.10, has raised $600,000 in flow-through financing. The money will be used, President Joh…
Several issues made good gains on the over-the-counter markets this week. Hucamp Mines traded up to $1.50. Noranda, which has Hucamp’s Manitouwadge, Ont., property under option, has encountered sulphi…
Teck Corp. has moved quickly to eliminate the short-term bank borro wings it required for the takeover of Cominco. The company will place 1.75 million units in Europe which should net about $60 millio…
Gold-silver mineralization has been encountered on the Tommy Jack property in northwest B.C. by joint venture partners Goldcap Inc. and Noranda Explorations. This mineralization was encountered in a s…
The Ontario Court of Appeal had received no official notice by Nov 12 that Lola Williams and Williams Co., a private company based in Salisbury, Md., have dropped their intervention in Lac Minerals’ a…
200,000 shares of the company’s capital stock at 45 cents per share. These shares will be designated as flow-through, the company says, and the proceeds will go to finance exploration on the company’…
A lease agreement held by Cornucopia Resources has been renegotiated, the company says. The agreement concerns the Red Mountain gold deposit in Colorado. Under the new deal, Cornucopia will receive a …
Two ore zones have been intersected in the first hole of a deep drilling program at the Doyon gold mine in northwestern Quebec. The program was initiated by joint venture partners Lac Minerals and Cam…
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