Montreal Exchange Drill holes disappoint
A languishing gold price and the threat of further economic slowdown are having a definite effect on the ME, where relatively light trading volumes continue. For the week ended May 1, daily volumes ra…
A languishing gold price and the threat of further economic slowdown are having a definite effect on the ME, where relatively light trading volumes continue. For the week ended May 1, daily volumes ra…
A new management team at Silverside Resources (TSE) is hoping to turn the junior around by focusing its growth on the national and international scenes. “Our first target is the Garrison project in no…
With gold and major markets in the doldrums, the Vancouver Stock Exchange was no different as the composite index tracked sideways at the 750-level for the week ended May 1. The index was off marginal…
Despite weaker metal prices, gold production from Hemlo Gold’s (TSE) Golden Giant mine continues to place the company in an enviable financial position. Due to a sharp increase in production, Hemlo Go…
Favorable winter drill results from the Pelletier Lake gold deposit, two miles south of Rouyn-Noranda, Que., have given operator Thunderwood Resources (TSE) the confidence it needs to plan an undergro…
GR Capital Corp., a subsidiary of Golden Rule Resources (TSE), says it will not be acquiring more shares of Waddy Lake Resources (TSE), except in compliance with all legal and regulatory requirements….
Higher costs associated with its forest products division have slashed earnings for Westar Group, the controlling shareholder of Westar Mining (TSE). Westar reported first-quarter net earnings of $0.4…
Sales of the Australian Nugget gold coin recently reached one million ounces, less than three years after it was introduced. Government agency Goldcorp Australia says the coin, released in April, 1987…
The warning bells that everyone has anticipated were sounded during the week ended May 1 when figures released by Statistics Canada revealed that Canada could be on the verge of an economic recession….
Estimating preliminary reserves of 30 million tons grading 0.48% copper on its MacLeod Lake property north of Chibougamau, Que., Windy Mountain Explorations’ share price moved up 25 cents before dropp…
A determined effort by some shareholders of Westfield Minerals (TSE) to persuade regulatory authorities to review the sale of Westfield’s interest in a Chilean gold mine to Northgate Exploration (TSE)…
Although not as spectacular as initially estimated, drill hole 90-489 from the Eskay Creek project north of Stewart, B.C., still turned out dazzling assay results for both precious and base metals. Pr…
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