News

Flanagan boosts tonnage on Mishibishu property

Results from 50 holes drilled in 1986 on Flanagan McAdam Resources’ Mishibishu Lake property in northwestern Ontario has boosted reserves by more than one-third and improved grade by 10% compared to t…


Galactic completes private placements

Galactic Resources has raised $13,875,000C through the successful completion of its private placement with a major Canadian financial institution, Robert M. Friedland, chairman, reports. The placement…


Newmont high grade results on Golden Shield property

Several high grade gold showings have been discovered by Newmont Exploration of Canada during field work on ground optioned from Golden Shield Resources. Located in Hoblitzell Twp., Ont., the property…


Raleigh Energy buys interest in Powder Metals

Copper powder is a fast-growing specialty market which has attracted Vancouver- based Raleigh Energy. The company recently acquired approximately 40% of Powder Metals Australia which has a number of g…


Inco to open its Crean Hill mine

An additional capital expenditure of $40 million will be made by Inco Ltd. at its Sudbury, Ont., nickel mining operations. Over a 2-year period, the world’s largest nickel miner plans to spend $25 mil…


Lakeshore Minerals acquires properties

Lakeshore Minerals has acquired four mineral prospects. These include 22 claims in Notman Twp., and 8 claims in Chelsey Twp., Ont. The purchase price was $4,200 and 400,000 of the company’s common sha…


Teck takes option on Fleck’s platinum bet

In a move that could bring its Marathon, Ont., platinum group metals (PGM) deposit to a production decision as early as late next year, Fleck Resources has signed a letter of intent with Teck Corp. in…





Flow-through offer made by augmitto

Augmitto Explorations has received final receipt from the Quebec Securities Commission for a prospectus offering in Quebec. If completed, the offering will raise a minimum of $2.5 million and a maximu…


Klondex starts development on Nevada property

Klondex Mines has completed an arrangement for an immediate drilling and development program on its Fire Creek heap leach gold project in Nevada, a joint venture with Alma American Mining Corp. Two pr…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close