Exall shareholders approve spinoff (November 24, 2006)
Shareholders of Exall Resources (EXL-T, EXALF-O) have approved a reorganization plan that will see current sharehol…
Canada
Selkirk, Doublestar rise on E zone assays
Vancouver – Selkirk Metals (SLK-V) and partner Doublestar Resources (DSR-V) are gearing up to launch an underground…
Silver and zinc production in near future for Abcourt Mines
Patience is a virtue Renaud Hinse, president of Quebec-based Abcourt Mines (ABI-V), has nearly perfected over the l…
Cameco moves on Cigar Lake remediation
Vancouver – Cameco (CCO-T, CCJ-N) has initiated remediation work at its 50%-owned Cigar Lake uranium project, locat…
Consolidated Thompson looks to consolidate
Consolidated Thompson Iron Mines (CLM-V) may be looking to consolidate iron ore projects along the Quebec and Labra…
UEX sees more high-grade uranium from Shea Creek (November 21, 2006)
Vancouver – Further high-grade uranium values were encountered in drilling by UEX Corporation’s (UEX-T, UEXCF-O) jo…
Lake Shore boosts Timmins West resource
Vancouver – Lake Shore Gold (LSG-T, LSGGF-O) delivered a significant resource increase at its Timmins West project …
Iceberg Proves Diamond-Bearing but Shows Low Count
Despite disappointing microdiamond counts from the newly discovered Iceberg kimberlite, Indicator Minerals (IME-V, IMEEF-O) remains enthusiastic about the potential of the Darby project, where some 95…
Gold Reach Cuts Wide Copper at Seel
Vancouver — Gold Reach Resources (GRH-V, GRHFF-O) delivered a strong copper intercept from its Seel project, located about 120 km southwest of Houston, B.C., prompting a trading flurry in the junior …
Barrick Waives Minimum Tender Condition in NovaGold Bid
Vancouver — With about 20.6 million shares of NovaGold Resources (NG-T, NG-X) deposited under Barrick Gold’s (ABX-T, ABX-N) US$16.00-per-share hostile bid, the gold major has waived the 50.1% minimum…
Imperial Metals Pulls Plug on Hostile Offer for bcMetals
Vancouver — Unable to stomach bcMetals’ (C-V, BMTLF-O) poison pill, Imperial Metals (III-T, IPMLF-O) has withdrawn its unsolicited 95-per-share bid for the junior.
San Gold Drifts Into High-Grade Vein
Vancouver — Upstart miner San Gold (SGR-V, SGRCF-O) got a pleasant surprise after tying into a high-grade section of the 98 vein at its Rice Lake mine near Bissett, in southeastern Manitoba.