News

Westley broadens U.S. gold play

Canadian firms are playing a very significant part in the gold exploration activity that is sweeping the western U.S. states. Westley Mines is certainly one of these. This company, reports President V…


Farboro buys two properties, plans financing

Farboro Resources has acquired two properties in northwestern Quebec, the Desboues property covering about 370 ha about 60 km northeast ofLaSarre and the Barry property between Senneterre and Chibouga…


Behre Dolbear

Behre Dolbear & Co., a New York-based minerals industry consulting f irm and a subsidiary of Great Horn Mining, has merged with another minerals consulting firm, Riverside Associates, also of New York…


Echo Bay set to exploreo near Sunnyside gold mine

Sunnyside Gold Corp., a wholly- owned subsidiary of Echo Bay Mines, has signed an option agreement with a U.S. company on ground adjacent to the Sunnyside mine near Silverton, Colo. Echo Bay can earn …





Report from Calgary Cdn N.W. betting oil will rise

Based on a belief that there will be a return to rising oil prices b y the end of this decade, Canada Northwest Energy is taking advantage of the present depressed state of the petroleum industry by o…


Corona sets warrant price

International Corona Resources has filed a final prospectus to offer 1.65 million 1996 warrants to the public at $27.50 per warrant to raise $45,375,000. The warrants will be fully paid upon issue. Ea…


Aunor Res. reports low grade gold

Aunore Resources has announced the first results of exploration programs on its Puiseaux properties in the Casa Berardi area and its Hebecourt property northwest of Rouyn- Noranda. In a small drill pr…


Canamax plans exploration program

A $500,000 exploration program is slated for the Kremzar gold proper ty, operated by Canamax Resources. Joint venture partner Kremzar Gold Mines says it will participate on a 50/50 basis. The property…


Shannon Energy/Preussag explore Watson Lake bet

Calgary-based Shannon Energy has entered into a $1.5-million explora tion agreement with Preussag Canada on two groups of mining claims located at Watson Lake in the Matagami mining camp of Quebec. Pr…


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