Mahogany, N. Lily acquire claims
A formal agreement to acquire 29 unpatented mining claims in Humboldt Cty., Nev., was recently signed by partners International Mahogany (TSE) and North Lily Mines (NASDAQ). The companies will purchas…
A formal agreement to acquire 29 unpatented mining claims in Humboldt Cty., Nev., was recently signed by partners International Mahogany (TSE) and North Lily Mines (NASDAQ). The companies will purchas…
A reverse circulation drill program will test several gold targets on the Shadow Mountain property in California’s San Bernardino district, including an area where a 1938 hole is reported to have inte…
Heap leaching at the Ivory Coast, West Africa, property of Eden Roc Mineral (TSE) has produced 5,785 oz. gold bullion to date, the company reports. Bullion contains 95-97% gold. The operation started …
A 43% increase in net earnings was reported by Canyon Resources (NASDAQ) for its latest quarter ended June 30, compared with results in the year-earlier period. The Colorado-based company announced ea…
Collins Resource Ltd. (CR:VSE) has changed its name to Madison Enterprises Corp. with a consolidation of capital on a 1-new-for-2.5-old-share basis. The transfer agent is Pacific Corp.
MVP Capital has sold 2.3 million shares of Dundee-Palliser Resources (TSE) at 14 cents per share, bringing its interest in Dundee to 38.2%. MVP also bought 1.5 million Dundee warrants for $225,000 in …
Noranda Minerals, a division of Noranda (TSE), has purchased 346,714 common shares of Brenda Mines (TSE) from Nippon Mining of Japan, increasing its interest in the junior to 79.1% or 3.7 million shar…
A net loss of $28,000 was reported by Cathedral Gold (TSE) for the 1992 second quarter, which the company attributed to weak gold prices and higher cash production costs at its 52% owned Sterling gold…
The natural resource sector — mining, forestry, energy, farming, fishing and trapping — has fuelled the Canadian economy from day one. These industries and the communities dependent on them have gra…
The wheels of justice move slowly, including that arm of the Ontario Securities Commission. In its press release of July 29, 1992, a public hearing was billed for Aug. 25 to consider, among other thin…
The Alberta Securities Commission (ASC) says it won’t prosecute in the case of a $34-million investor immigrant fund which left 230 Asian investors in a state of anger. Claude Resources (TSE) used the…
Calgary-based Flag Resources (ASE) says it has found surface iron and copper-sulphide mineralization within a 3,000 ft.-long airborne magnetic and coinciding VLF anomaly on its 24,000-acre Wanapitei h…
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