Chase expands Philippine assets
Junior Chase Resource (TSE) hopes to expand its Philippine assets by acquiring an 85% interest in Bai Saripinang Mining. Chase can acquire an initial 40% by paying US$5,000 plus a US$1,000 option fee …
News
Int’l Platinum resumes trading
After several months of inactivity, shares of International Platinum (IPC) have resumed trading on the National Association of Securities Dealers Automated Quotation (NASDAQ). However, owing to what t…
BHP comes to Roost in Arizona
A US $25,000 second option payment will be made by BHP Minerals International to Excellon Resources (VSE) and MVP Capital (TSE) on their jointly owned Robber’s Roost copper project near Tombstone, Ari…
Cominco buys zinc refinery
By purchasing an interest in a Peruvian refinery, Cominco (TSE) has boosted its zinc-producing capacity. The company has acquired 83% of the shares of the Peruvian company that owns the Cajamarquilla …
Golden News explores project
Underground channel sampling from turn-of-the-century mine workings on the San Antonio gold property in Mexico’s Sonora state has uncovered a new mineralized zone. Golden News Resources (TSE) reports …
Westmin explores Dragon property
Toronto-listed Westmin Resources will continue to explore the Dragon property on Vancouver Island, B.C., under the terms of a previously negotiated option-joint venture agreement with Doromin Resource…
Greenstone in Honduras
Toronto-listed Greenstone Resources has opted to buy a 51% stake in the private Honduran company that controls the San Andres gold project in western Honduras. As consideration, Greenstone will issue …
CaribGold returns gold values
Drill results from four gold targets on the Santa Clara concession in central Cuba are providing encouragement for CaribGold Resources (TSE). The most significant intersection was encountered at Lote …
INSIDER TRADING — Inco officers exercise options and sell
Five officers of Inco (TSE) exercised options and sold shares in September. According to the Ontario Securities Commission’s OSC Bulletin, senior officer Lorne Ames exercised 920 options at US$23.19 a…
Gossan drills iron-titanium play
Partners Gossan Resources (VSE) and the Cross Lake First Nations Band have arrived at a resource estimate based on drilling in the eastern portion of the Main Central zone at the Pipestone Lake projec…
Freewest to drill Verneuil gold play
Another phase of diamond drilling is set to begin on Golden Tag Resources’ (VSE) 44-claim Verneuil Twp. gold prospect in northwestern Quebec. The property, owned 60% by Golden Tag and 40% by Gold Hawk…
Positive assays from Komis play
The first four drill holes have yielded positive assay results in a new program at Waddy Lake Resources’ (TSE) Komis gold deposit in northern Saskatchewan. Significant intersections include 0.36 oz. g…