With a land package worthy of a major, Vancouver-based Foran Mining (FOM-V) is scouring the Flin Flon, Man., area in search of volcanogenic massive sulphides.The company has amassed what could be the …
The following Vancouver-based juniors recently reported financings for their work programs.* GMD Resources (GMD-V) has reached an agreement with several subscribers for a private placement of 1.7 mill…
McBroom Resources — Offering Price & Description: $* — 1,000,000 Common Shs (Upon the Exercise of 1,000,000 previously issued Special Wts).Vengold — Offering Price & Description: $41,175,000 – 22,5…
Glenhaven Resources (GNN-A) and Blackstone Resources (BZZ-V) are firming up plans to drill at the Taiga nickel-zinc property, situated 120 km northeast of Dawson City, Y.T.The companies expect to mobi…
Junior Patrician Gold Mines (PXX-A) has begun a diamond drill program on its wholly owned Powell Twp. gold property near Matachewan, Ont.The company established an exploration grid in March, and magne…
The Vancouver Stock Exchange composite index dropped 12.98 points to close at 619.53, whereas the mining index fell below the 500 mark, to 490.01, for the report period ended April 28. However, the co…
A recent decision handed down by the British Columbia Securities Commission has prompted Peruvian Gold (PVO-V) and Gabriel Resources (GBU-V) to scrap their planned merger.The Securities Commission rul…
Rouyn-Noranda, Que.-based Radisson Mining Resources (RDS-M) has reported the latest results from its ongoing drill program at the O’Brien gold project in northwestern Quebec’s Cadillac Twp. Several of…
Speculation that the U.S. Federal Reserve Board may soon increase interest rates sapped some life out of the Toronto Stock Exchange 300 index, which lost 197.85 points during the report period ended A…
Gold mines belonging to Homestake Mining (HM-N) performed well in the first quarter, but not well enough to keep the company out of the red.Homestake reported a net income from operations of US$600,00…
Drilling at the Despinassy gold property, 70 km north of Val d’Or, Que., has returned encouraging results for partners Major General Resources (MGJ-V) and Cameco Gold, a wholly-owned unit of Cameco (C…
Vancouver-based Orvana Minerals (ORV-T) reports that progress is being made at its drill program on the Don Mario copper-gold deposit in eastern Bolivia.Assay results from 11 holes are “better than pr…
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