Noront Res. busy on Olive-Preston
Dewatering and shaft rehabilitation is slated on the 59-claim Olive- Preston project as soon as possible, weather permitting, by Noront Resources. The Toronto-based company can earn up to a 60% intere…
News
Alberta Stock Exchange Goldhunter Soars
An option deal between Goldhunter Expolorations and Gallagher Explorations provided a shot in the arm for the former company, as it surged to a new high of 90 cents before correcting to 73 cents on …
AIGUEBELLE makes new hold discovery near Vezina mine
Aiguebelle Resources has made a new gold discovery on a previously unexplored part of its wholly-owned Bassignac Twp. property in northwestern Quebec about two kilometres southeast of its Yvan Vezina …
Editorial Don’t move the OGS
The following is extracted from a letter from Professor C. Jay Hodgson, professor of mineral deposits geology, Queen’s University, Kingston, to Premier David Peterson, acting minister, Ontario ministr…
Editorial “Big Bang” hits Bay Street
Nothing, it seems, can safely insulate itself from change these days — not even the snug brokerage fraternity. And we are not referring to the trend to automated trading systems, which uses microcomp…
Toronto Stock Exchange Golds nudge market out of weeklong wallow
Wednesday close, Dec 10 Golds gave the market a welcome push upwards today after a tiresome week-long wallow. After dropping over 30 pts over the week, the widely followed composite 300 finally made a…
Write Wilson — help save flow-through
What would happen to you and your family should Finance Minister Michael Wilson decide to cancel flow-through financing in his next budget? We think you should let Mr Wilson know. As Miter Michael Wil…
Investment Comment Goldenbell gets the nod of Gardiner Watson
On the news that Goldenbell Resources has given the nod to production at its Pine Tree gold project in Mariposa Cty., Calif., its share price broke through the $4 level on the Vancouver Stock Exchange…
Merrithew calls for support of flow-through program “Let your
It’s up to the mining industry itself to convince federal Finance Minister Michael Wilson that flow- through share financing should be retained. That was part of federal Mines Minister Gerald Merrithe…
Profit and production up for Echo Bay in 9-months
With a 76% boost in profit, Edmonton-based Echo Bay Mines has emerged from the nine months ended Sept 30 with net earnings of $21.9 million on revenues of $109.2 million. This compares to net earnings…
Things keep o9n looking up for Westmin’s Silbak bet
The news just keeps getting better from Westmin Resources’ British Silbak property near Stewart, one of only a few exploration programs currently under way in B.C. Westmin Resources’ British Silbak pr…
Reserve figure for Eden Roc’s Asupiri
A consultant has completed a reserve calculation for the Asupiri project controlled by Eden Roc Mineral Corp. Located in the Ivory Coast, Africa, the Asupiri No 1 zone hosts indicated reserves of 1.8 …