News

Nerco DeLamar to joint venture War Eagle claims

Last year’s market high-flyer, War Eagle Mining (VSE), has bounced back on the mining scene with a joint venture agreement in hand for the exploration and development of its War Eagle Mountain propert…


Alberta Stock Exchange Siam gets Thai bet

Signs of a slowing Canadian economy seem to be offering little incentive for investors to come forward and speculate on resource issues. Predictably, volumes were low and losers tended to outnumbered …


Montreal Exchange Aur, Louvem find

A fairly quiet market was given a shot in the arm by the announcement of the discovery of a copper- zinc-silver-gold massive sulphide deposit on property in Louvicourt Twp. east of Val d’Or, Que. Aur …


Intl Platinum continues search for PGM deposits

Nearly $2.5 million could be spent this year on the search for platinum group metals (PGMs) by Toronto-based junior International Platinum Corp. (TSE). The company has been conducting exploration for …


Industry embraces CEIP, companies seek grants

Industry’s initial skepticism about the federal government’s Canadian Exploration Incentive Program (CEIP) has faded and companies are now prepared to use the program effectively, Peter McLean, CEIP’s…



Deep hole ups potential of Redstone nickel mine

The Redstone nickel mine southeast of this city, once believed to be a small, finite orebody now has the potential for mushrooming into something significantly larger. A deep drill hole completed by o…


Giant Yellowknife has plans for Akaitcho

An agreement to provide for the exploration and possible development of the Akaitcho mine property at Yellowknife, N.W.T., has been entered into by Giant Yellowknife Mines (TSE) and Supercrest Mines. …


Four rigs drilling at Mt. Milligan

With four drill rigs still working to expand reserves, Continental Gold Corp. (VSE) has released additional assays for its 70%-owned Mt. Milligan gold-copper project near Prince George, B.C. BP Resour…


Editorial Hopes for China betray opur naivete

It is an appalling sight to see a state turn its guns on its children. When that same regime then embarks on a public manhunt to track down those children, the student dissidents who naively occupied …


OSC to consider Comaplex issue at June hearing

The Ontario Securities Commission has scheduled a hearing for June 23, to consider whether shares of Comaplex Resources not held by a Swiss bank and two Liberian investment firms should be allowed to …


Davidson boosts land holdings in Timmins area

Toronto-based Davidson Tisdale Mines (TSE) has expanded its land holdings in the Timmins area of northern Ontario. President K. R. Kent told shareholders at the recent annual meeting the company had s…


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