News

With three major projects Syngold aims to be active

With nine drills operating on three separate properties and $3.9 million successfully raised through the sale of deposit receipts and common shares, Syngold Exploration is making good its claim of bec…




Wildcat drilling cuts new zone on Wrightbar ground

Several wildcat drill holes put down by Belmoral Mines on ground acquired by Wrightbar Mines adjoining its Bourlamaque property have intersected what President William Cluff calls “typical ore-type mi…



Dealer mark-ups criticized during Thompson Committee

At last week’s hearing into the Thompson Committee report on junior resource financing, the catchphrase on many people’s lips was `dealer compensation.’ Members of the province’s mining and investment…



Newfields agreement

The terms of an agreement between Newfields Minerals and Breakwater Resources have been settled, the former company says. The deal will see Newfields acquire Breakwater’s control block of 2.4 million …


Atna/Noranda drill gold-silver bet

Noranda Exploration is drilling a precious metal property in west-central B.C. under an option agreement with Atna Resources. The program is designed to give a cross-section of an existing mineralized…


Better Resources shows open pit potential

Drilling has confirmed the presence of gold in several shallow deposits at Better Resources’ Mt. Washington project just west of Comox on Vancouver Island. Two drill rigs are now operating on the prop…


Peralto to drill Casa Berardi bet

A diamond drill program is planned on Peralto Resources Corp.’s project located in Quebec’s Casa Berardi area as soon as possible after freeze-up, reports President Anthony L. Agostino. The property, …


More high grade values at Westmin’s Silbak bet

Westmin Resources has received more encouragement from its Silbak Premier property near Stewart, B.C. Some additional high grade intersections have been reported from the Glory Hole area and all the v…


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