Adex Mining (AMG-T) has announced it has trimmed the budget for its Mount Pleasant polymetallic mine in New Brunswick by more than $30 million.A draft feasibility study released in March 1997 estimate…
Black Pearl Minerals (BLKP-C) has struck a deal with Pentland Firth Ventures (pfo-t) to acquire a half interest in three claim blocks in Tully Twp., near Timmins, Ont.For its interest, Black Pearl, ov…
Italy is known for its pasta and ancient ruins, but at least one junior company believes the country also may be prospective for “Carlin-type” epithermal gold deposits.Nebex Resources (NBX-A) is earni…
London-based Nelson Gold (NLG-T) suffered a loss of US$2.29 million (or US3 cents a share) for the 6-month period ended June 30, compared with a loss of US$1.69 million (US3 cents a share) in the same…
The latest drill results from the Fyre Lake massive sulphide project in the Finlayson Lake district of southeastern Yukon confirm the continuity of the western limb of the Kona zone.Columbia Gold Mine…
Kevin Wright appointed vice-president and chief financial officer.
No diamonds were recovered in a 15-ton mini-bulk drill sample of lamproitic tuff from Golconda Resources’ (GA-A) Thorn Creek diamond project in Idaho.Previous sampling had determined the presence of i…
Partners Winspear Resources (WSP-V) and Aber Resources (ABZ-T) have resumed drilling in the Snap Lake area of the Camsell Lake project in the Northwest Territories.A program of up to 2,200 metres is t…
Wednesday, August 20, 1997Price (US)Week’s ChangeGold*$322.00- $6.60Silver*$ 4.51…
Short positions outstanding at July 31, 1997Larger individual positions included: Barrick Gold 11,804,898, up 866,048; Bema Gold 4,407,286; Bonus Resource 22,190, down 791,810; Breakwater Resources 22…
The $4-million sale of the Sulphurets-Bruceside gold-silver project in northwestern British Columbia has been terminated by Newhawk Gold Mines (nhg-t) because Treminco Resources (tmo-t) failed to comp…
Calgary-based Mid-North Resources (mnu-a) has signed a letter-of-intent agreement with one of its directors to acquire two properties in Nova Scotia, including the past-producing Walton barite-silver …
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