News

A rights offering has netted Canuc Resources (CDN) about $510,000, enabling the company, once again, to explore for minerals. It is now evaluating two gold properties in Mexico and Spain. In other new…

Caribgold Resources (CDN) has completed a placement of 2.5 million units to a group of European investors. Each unit consists of one common share and half a warrant at $1.65 per unit. Each whole warra…

Junior Abacus Minerals (VSE) has completed trenching and sampling on the Brookfield gold project in Nova Scotia. The project lies within the province’s Meguma group of rocks. Abacus is looking for dis…

Eric Wiltzen appointed president or director.

More than 550,000 acres of state land in Alaska will soon be open to claim-stakers. Governor Walter Hickel made the announcement at the annual convention of the Alaska Miners Association. The land has…

With drilling completed for the season at its Casino copper-gold-molybdenum project in the southern Yukon, Pacific Sentinel Gold (VSE) has arrived at a preliminary mineral estimate. The deposit is bel…

Toronto-listed Platinova A/S has reported encouraging values from its sedimentary-exhalitive-type zinc discovery in northeast Greenland. The company holds an exploration concession which covers a sedi…

Joseph Notaro appointed vice-president, finance; Avrom Howard appointed vice-president, exploration.

Richard Coglan appointed director; Robin Lockhart appointed chief financial officer.

Gold bullion took what seemed a decisive tumble during our report week, dropping US$6 to US$370.10 per oz. However, at presstime (which is one day later than the closing prices in our stock tables) bu…

BGR Central Net Value $14.94 $6.21 Price $13.88 $6.625 Premium 6.7% Discount 7.10% Value $83,666,000 $119,907,863…

Gold Parl Resources (GPA:VSE) has changed its name to Canmet Resources (CMT:VSE) on a 1-new-for-2-old-share basis.