News

Recent drilling by Wye Resources (CDN) on its Saganaga Lake property 85 miles west of Thunder Bay, Ont., has encountered further gold mineralization. Three holes totalling 500 ft. were drilled in Dece…

With the purchase of 94% of the outstanding shares in Suntac Minerals (VSE) now complete, Canarc Resource (VSE) is reviewing financing alternatives for further exploration and development work at the …

With a processed 150-tonne bulk sample of talc product on hand, Pacific Talc (VSE) is proceeding with further proprietary processing to produce a wettable talc pigment for large-scale testing by three…

A preliminary study by the Centre de Recherches Minerales in Quebec City on a sample from a lithium property in La Motte Twp. near Val d’Or, Que., determined that the best concentration process is flo…

An evaluation of the North copper zone by Gibraltar Mines (TSE) resulted in a decision not to proceed with development of the deposit as part of the company’s mining plan. The zone will not be include…

Partial assays from drill hole 93-01 within the copper zone of the main orebody at the Asia Pacific project on the Philippine island of Negros intersected 285 ft. (50-335 ft.) of 0.68% copper, Starmin…

Several changes in mineral exploration legislation were recently announced by the Newfoundland and Labrador government, including: — The term of the exploration licence is increased to 20 years from …

A letter of intent has been signed with Almaden Resources (VSE) concerning two gold properties in the Mexican state of Sinaloa, Eldorado (VSE) reports. Eldorado has been granted an option to earn a 51…

Feb.23 Feb.22 Feb.19 Feb.18 Feb.17 High Low Composite”300″3452.78 3447.67 3426.31 3409.42 3417.70 4009.47 3009.91 Metals&Minerals 2893.08 2907.29 2891.83 2889.78 2906.96 3453.06 2502.63 Integrated Min…

Directors of Laurasia Resources (TSE) and Kalrock Resources (ASE) have approved in principle an amalgamation plan for the two companies on a share-for-share basis. The agreement is subject to sharehol…

When the shares of Placer Dome (TSE) were rising steadily last month, officer and director Peter Crossgrove sold a large portion of his holdings. According to the Ontario Securities Commission’s OSC B…

The Canadian coal industry had a difficult year in 1992. Strikes, lockouts, and a tragic accident led to a drop in production, exports and earnings. These events were unusual for the Canadian industry…