An option agreement will add 2,000 acres of mineral claims to a land package held by Major General Resources (MGJ-V) in the Green Bay area of northwestern Newfoundland.The company says the newly acqui…
Government officials estimate that $100 million was spent on mineral exploration in British Columbia last year, a 20% increase from 1995.The largest exploration program in 1996 was carried out by Roya…
Statistics compiled by Natural Resources Canada show that mineral exploration spending is on the rise in Canada.During 1996, exploration spending increased to $945 million from a 26-year low of $383 m…
Rouyn-Noranda, Que.-based Coleraine Mining Resources (CRI-M) has found three gold-bearing zones at the Perron property, 12 km west of Normetal in northwestern Quebec.The first zone is associated with …
1997Mar 4Mar 3Feb 28Feb 27Feb 26HighLowComposite”…
The Toronto Stock Exchange backed away from the record high of Feb. 25, falling 92.73 points during the report period ended March 4 to close at 6,155.05. Volumes were also smaller, averaging 104 milli…
Like the handful of multinationals before them, a couple of Canadian juniors are tackling the challenges associated with exploration and mining in Papua New Guinea.Madison Enterprises (MNP-V) and Indo…
A land of overburden drills and deep geophysical surveys, the Destor-Porcupine fault east of Matheson, Ont., features gold projects at every stage of development, from early exploration drilling throu…
Late last year, Golden Eagle International (MINE-Q Bulletin Board) reported that it was being investigated by the U.S. Securities and Exchange Commission (SEC).The company says the investigation was f…
Partners Orezone Resources (ORZ-M) and Geomaque Explorations (GEO-T) have made a gold discovery while drilling their Intiedougou property in southwestern Burkina Faso.The property covers 500 sq. km an…
Edmonton, Alta.-based Mindoro Resources (MIO-A) has received some encouraging results from soil geochemistry surveys on its gold targets in Kalimantan, Indonesia.At Gunung Kelayu, one of three contrac…
Based on a recent “letter of understanding,” Kernow Resources & Development (KRD-V) expects to conclude a formal agreement granting Rio Algom (ROM-T) an option to earn 55% of its Joutel property in no…
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