News

Flow-through offer made by augmitto

Augmitto Explorations has received final receipt from the Quebec Securities Commission for a prospectus offering in Quebec. If completed, the offering will raise a minimum of $2.5 million and a maximu…


Mazarin options Wilco property

Mazarin Inc. has concuded an agreement with Cambior Inc. and Noranda Inc. to acquire an interest in the Wilco property one mile east of Rouyn- Noranda in northeastern Quebec. The project has considera…


Montreal Stock Exchange Cambior still climbing

Wednesday close, Sept 24 What was a little-known group of assets owned by the Quebec government just months ago is fast becoming one of Quebec’s premier gold issues. This week Cambior was, once again,…



New zones spotted on Peralto gold bets

Peralto Resources says it has located three zones of intense silicification, with characteristics similar to known mineral bodies in the Toodoggone gold area, on the company’s holdings in the northern…


Alberta Stock Exchange La Ronge boosts Claude

Wednesday close, Sept 24 Trading this week on lthe Alberta exchange was on the uptick with 6,366,200 shares changing hands. Claude Resources Inc., which is working with major Placer Development on a p…


Reject settlement at Horne division

Noranda Minerals’ Horne Division said early in the week its employees, members of the Confederation of National Trade Unions, CNTU, had voted 66% in favor of rejecting a proposal for settlement recomm…


Placer reduces office staff in Vancouver

Placer Development has announced a review of the organization and staffing of its principal office in Vancouver. The review was carried out in recognition of the continuing need for cost effectiveness…


Comaplex awaits drill results

With diamond drilling under way on three of its properties. Comaplex Resources International is now waiting for the results to start coming in, reports President George F. Fink. A minimum 10,000-ft di…


Mining industry demands equitable treatment

This country’s mining industry presented a strong case to a meeting of energy and mines ministers here for more equitable treatment in the face of historically low commodity prices. Although the crisi…


Greenstrike gets Alberta listing

Greenstrike Gold Corp., a new company managed and controlled by the principals of Calgary-based Petromet Resources, has been listed on the Alberta Stock Exchange. With about 2.7 million shares outstan…



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