News

Saskatoon, Sask.-based Shore Gold Fund (ASE) has completed a private placement of 1.4 million shares at 25 cents each and issued an additional 483,549 shares at the same price. Proceeds will be used t…

Montreal-based St. Genevieve Resources (TSE) intends to sell all or part of its 11 million common shares in Louvem Mines (TSE) to the highest bidder. The block represents 43% of all issued and outstan…

Waddy Lake Resources (TSE) continues to excavate a decline on the Komis gold project in northern Saskatchewan. The work will enable the company to extract a 10,000-tonne bulk sample from the A and C z…

Under an option agreement, Rea Gold (TSE) can acquire the Mount Hamilton gold project in eastern Nevada. Rea is completing a due diligence review which should be finished early in the first quarter. I…

Week’s Price (US) Change Gold* $394.00 + $8.35 Silver* $ 5.23 + $0.14 Platinum* $397.00 + $8.50 Nickel** $ 2.39 – $0.03 Lead** $ 0.21 – $0.01 Copper $ 0.79 – $0.03 Zinc $ 0.45 + $0.01 Courtesy of Scot…

Under a new agreement, Nuinsco Resources (TSE) will reduce its working capital deficiency to $840,000 from $3.5 million. The company will sell 2.4 million treasury shares to Winoro, an investment comp…

Alberta-listed TR Minerals is seeking shareholder approval to reorganize. Under the plan, TR would acquire the mineral assets of two private companies, consolidate shares, raise financing, delist from…

Joint-venture partners Southwestern Gold (VSE) and Cambior (TSE) have reached a purchase agreement with the owners of Peruvian resource company Minera Paraccay. Minera Paraccay owns the Santa Rosa gol…

Central Crude (TSE) has made an option payment of $175,000 to Storimin Exploration (ASE) and Tandem Resources (ME). The payment is part of an agreement among Central and the other two companies whereb…

Lori Ann MacKisey appointed director.

Gary LaValley appointed president and director.

Paul Carmichael appointed president and director; Richard Gliege and William McIver appointed directors.