Alberta Stock Exchange Big traders lose out
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…
News
Vista drill results
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 …
HSK boosts property holdings
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…
Total Erickson Res. in Getty merger
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…
Midas, Duration deal
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…
Camreco in feasibility stage at elusive Goldlund gold bet
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…
Investment Comment Kerr Addison on recommended list
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…
Dickenson gains all of White mine
Serious about boosting its own annual production beyond the 100,000 oz level, Dickenson Mines (TSE) has acquired 100% ownership of the Arthur W. White mine near Red Lake in northwestern Ontario. In a …
Redfern to fund program on Tulsequah area project
Equipment is being mobilized for a major exploration program on Redfern Resources’ (VSE) Tulsequah area property in northwestern British Columbia. Rehabilitation of the 5,400 level and preparation of …
Mazarin search includes graphite
For the third consecutive year, Mazarin Inc. (TSE) and Fonds d’Exploration Miniere du Nouveau- Quebec are exploring in the area of Fermont in northern Quebec, where showings of kyanite, graphite and s…
Statement of defence awaited in Scintilore claims lawsuit
A statement of defence in a lawsuit launched in the Supreme Court of Ontario last year by Scintilore Explorations (TSE), dealing with the staking of mining claims at the Hemlo gold camp in northern On…
Belmoral boosts Canreos holding
Shareholders of VSE-listed Canreos Minerals (1980) approved the issuance of about 4.6 million shares to Belmoral Mines (TSE), the companies report. A debenture worth $1.45 million was converted into 2…