News




Ketza costing Canamax $5 million

The cost of purchasing Pacific Trans-Ocean Resources’ (TSE) 50% interest in the Ketza River gold mine is eventually going to cost Canamax Resources (TSE) about $5 million when all the figures are tall…


Uranerz Exploration to view Varna bets

Calgary-based Varna Gold (ASE) has signed an agreement with Uranerz Exploration and Mining of Saskatoon which could result in the development of one or more of Varna’s exploration properties. Under th…


Orofino may limit Canuc program if results poor

Toronto-based Orofino Resources (TSE) has informed Canuc Resources (TSE) that it is embarking on a limited summer exploration at Canuc’s Coronation Gulf gold project in the Northwest Territories. By s…



Iron oxide conference

Chicago will be the site for a conference studying the use of iron oxide materials used in the manufacture of soft and hard ferrite magnets. The conference, to be held Nov 1-2, will bring suppliers of…


Ontario schools funded

Grants worth $500,000 to seven Ontario universities have been announced by the provincial Ministry of Northern Development and Mines. The money will fund projects studying ways to improve mineral expl…


Mishibishu discovery team …photo

Standing astride the outcrop that revealed the new gold showing on the western extension of the Mishibishu gold belt are: (left to right) John Harvey, president of Hemlo Gold Mines and Noranda Explora…


Diepdaume financing

Diepdaume Mines (VSE) is planning to issue up to 250,000 units, representing 500,000 flow-through shares (one unit consists of two shares), at 60 cents per unit, subject to regulatory approval. The c…


Frontier, Beaufield deal

High Frontier Resources (VSE) has optioned 144 claims in Louvicourt, Pascalis and Vauquelin twps., Que., from Beaufield Resources (TSE). The claims are in the general vicinity of the Aur-Louvem base m…


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