Comaplex hits gold at Noomut River
Drilling at the Noomut River gold project of Comaplex Minerals (CMF-T) has revealed several impressive mineralized intervals. The project is situated near Rankin Inlet, in the eastern portion of the N…
News
Newmont makes deep discovery in northern Nevada
Newmont Gold (NGC-N) has intercepted high-grade gold values in a deep drilling program south of its Post deposit in northern Nevada.The company encountered long intervals of mineralization in two hole…
Pangea drills Kanegele project
Pangea Goldfields (PGD-T) continues to intersect gold at its Kanegele project in northwestern Tanzania.The project comprises the Kanegele, NE Nungwisa and Mega claim blocks which together cover 266 sq…
Independence options Nevada property
Independence Mining has optioned the Buckhorn South project in eastern Nevada from Royal Gold (RGLD-Q) in return for an interest in two of the former’s properties.Independence has agreed to spend at l…
Placer settles with Kazakstan
Placer Dome (PDG-T) has settled its dispute with the Kazakstani government regarding the US$35-million refundable deposit the company made in April 1995.The government paid the company US$25 million i…
Amblin drills Wood gold target in Quebec
A drilling program at the Wood gold mine property in Quebec’s Cadillac Twp.is returning gold-bearing intersections for Amblin Resources (AX-A).Amblin can earn a 100% interest in the property from Glob…
Arian raises funds for Julietta
A recently announced financing of 6.5 million units at 90cents each will provide Arian Resources (ARA.U-T) with funds with which to continue development of its Julietta gold-silver deposit in the Maga…
Queenston hits gold
More holes in the Kirkland Lake, Ont., project of Queenston Mining (QMI-T) and Franco-Nevada Mining (FN-T) have intersected gold mineralization along structural extensions of known gold deposits at th…
Teck deals half of Tsacha to Corona
Teck (TEK-T) has signed a deal with Corona Gold (CRG-T) whereby the latter can earn a 50% interest in the 2,100-ha Tsacha gold property in British Columbia.To earn its interest, Corona must spend $500…
Atna releases more results from Wolf
In anticipation of a spring drilling program on the Wolf property in southeastern Yukon, Atna Resources (ATN-T) has staked, or optioned, an additional 314 claims in the immediate area.Atna can earn a …
Cross Lake drill program tests massive sulphide target near Timmins
Junior Cross Lake Minerals (CRN-V) has intersected significant massive sulphide mineralization at its Sheraton-Timmins property, 43 km east of Timmins, Ont.The company collared 11 drill holes totallin…
TSE Short Positions (October 20, 1997)
Short positions outstanding at September 30, 1997.Larger individual positions include: Barrick Gold 10,864,455, down 464,298; Bellator Exploration 170,000, up 170,000;Bema Gold 4,755,848, up 423,650; …