News

With zinc prices at record levels, Pine Point Mines (TSE) has exercised its option to purchase a further 12% interest in Cominco Ltd.’s (TSE ) Polaris mine. Located on Little Cornwallis Island in the …

Having been an observer of the gold scene for many, many years, I thought it was about time I got something off my chest. The price of gold is being artfully manipulated. It has been for several years…

The Beaverlodge gold area of northern Saskatchewan is the current focus of exploration attention of Lenora Explorations (TSE), President Robert Kasner said at the annual meeting. A feasibility study i…

An $8-million gold loan is being arranged by Nova-Cogesco Resources (TSE) with Cambior Inc. (TSE). Proceeds of the loan, at the agreement-in-principle stage, will be used to finance Nova-Cogesco’s sha…

While the focus of Heenan Senlac Resources (TSE) is currently on oil and gas developments in Saskatchewan because of the rapid cash payback, it is still very much involved in mineral exploration and i…

A number of Alberta gold issues suffered as the price of gold dipped from $441 to $434(US) per oz in response to a reduced outlook for inflation. One of the biggest casualties was the International Ba…

A 5-hole drill program has been completed by Vista Mines (TSE) on the company’s Bootleg property near Creighton, Sask. The drill program tested the Rio deposit below a depth of 500 ft. Hole 130 cut a …

A further 200 claims have been added to the holdings of HSK Minerals (TSE) in the Kirkland Lake area, shareholders were told at the recent annual meeting, making the junior-mining company a major prop…

A proposed merger between Total Erickson Resources (TSE) and its affiliate Getty Resources (TSE) will result in the creation of a new company called Total Energold Corp. The new entity will have conso…

An agreement between Duration Mines (TSE) and Midas Minerals (TSE) has been renegotiated. The deal concerns a platinum property near Marathon, Ont., which was optioned by Midas to Duration. The new de…

Toronto-based Camreco Inc. (TSE) says it is taking a very conservative approach to exploration at the Goldlund property near Dryden, Ont., where production could resume later this year. The former gol…

Long associated with the old gold mine at Virginiatown, Ont., which it sold last year to Golden Shield Resources (TSE), Kerr Addison Mines (TSE) has emerged on the recommended list of Toronto- based M…