News

Drilling has been completed on the Newman Todd property held in joint venture by Tylox Resource Corp. and Noranda Exploration in the west Red Lake area of Ontario. The Heath-Bull zone, where previous …

flow-through common shares at $4.95 per share. Proceeds from the private placement are $1,797,699. .N Duration Mines has negotiated a flow-through private placement of 90,000 shares at $1.75 for a to…

The heyday for Mount Pleasant Resources appears to be over as the iss ue continued losing ground to $2.50-$2.75. Starting from the 70 cents range in early June, this issue soared to $9 and has since …

The first diamond drill hole completed on the Cahill claim group in the Hedley, B.C., area by Consolidated Sea Gold Oil Corp. has returned commercial grade gold assays. Hole No 1 was completed to a to…

Wednesday close, Oct 15 The market spent the holiday week languishing in the doldrums and the story was no different today. The widely-followed composite 300 was down 0.80 pts to close at 3,017.39. …

The average stock yield on 111 dividend-paying stocks on the Toronto Stock Exchange as compiled by Moss, Lawson and Co. on prices of Oct 6 is up 0.03% at 3.83% from the previous week. The current yiel…

Once development work as well as equipment and operations modifications are complete, Calgary- based General Minerals Corp. (formerly Northgane Minerals) will prepare for the start of production at it…

There’s a whole new game now. This country is blessed with an abundance and great assortment of minerals, the production and marketing of which remain central to our continuing prosperity. And our e…

Lightning Minerals has received regulatory approval for an agreement to buy Terra Mines’ gold property 45 miles northeast of Yellowknife, N.W.T. Gold on the property occurs in a number of steeply dipp…

Pan East Resources reports it is negotiating for flow-through funds t o carry out a 2-phase exploration program on its Nova Scotia gold prospect at Fifteen Mile Stream. The first phase would cost $350…

A second-phase drill program, totalling 6,000 ft, is under way on Cumberland Resources’ Evans Lake property in northwestern Ontario. The program will follow up drilling completed last summer which i…

A significant new gold zone has been discovered by Aur Resources on its Airport property located three miles south of the city of Val d’Or, Que. The gold mineralization has been intersected in seven w…