Noront, Central merger
Noront Resources and Central Crude Ltd. have agreed to merge the two companies on the basis of one Central Crude share for each five shares of Noront held. Central Crude is active in mineral explorati…
News
Dolphin funding
Dolphin Explorations 0 3/4of Vancouver has negotiated a private placement of 109,180 flow-through shares to fund exploration work worth about $225,000 on the company’s properties. The issue price will…
ATLANTIC REPORT Credibility for Nova Scotia
The recent takeover bid for Halifax-based Seabright Resources by the multi-billion-dollar Australian mining conglomerate Western Mining Corp. Holdings has finally given credibility to Nova Scotia’s Me…
Gold’s constant purchasing power gives it special status worldwide
Just about a year ago an event of great significance in the world of gold took place: the United States Mint, for the first time in a generation, struck a legal tender gold coin — the new U.S. Eagle,…
Aster funding
A financial offering worth $2.3 million was recently completed by Aster Exploration of Montreal. The company reports it has started exploration work on its Portage-du-Fort dolomite property located 55…
Traditional metals under attack
The world of industrial minerals is undergoing a period of rapid change. Traditional mineral products such as copper and steel are being overtaken by new types of materials in a variety of application…
Shaft sinking on hold as Barrick finds more gold
American Barrick Resources of Toronto is faced with a couple of problems which every mining company would love to have. Recent deep drill results at its Goldstrike property near Elko, Nev., have been …
Ontario’s mines division
Nineteen eighty-seven marked the first full year of operation for the Ontario Ministry of Northern Development and Mining’s Division of Mines and Minerals. This division was set up to better serve the…
Vancouver Stock Exchange Pezim Group back in the limelight
News of an important looking gold discovery southeast of Faro, Yukon, has pushed several Pezim Group stocks into the limelight including Golden Nevada Resources. The man friends and foes alike call “T…
Glimmer options Barnet property to Canamax
Glimmer Resources (gme:vse) has signed a letter of agreement with Canamax Resources to explore its 132-claim property in Barnet Twp., Kirkland Lake mining district, Ontario. The company’s new gold fin…
Int Curator drilling reveals encouraging reserve picture
Drilling of 23 holes by International Curator Resources has indicated an encouraging reserve picture on its Jualin gold prospect near Juneau, Alaska. The 15,000 ft of drilling indicates probable reser…
2.5-km, $65 conveyor belt key to Highland Valley transformation
Visitors travelling the Highland Valley highway at Logan Lake, B.C., last year must have wondered what was going on at the Highland Valley Copper mine site. Slowly taking shape, like some ancient Egyp…