The boards of directors of Canadian Premium Resource Corp. and Mahogany Minerals have approved an amalgamation ratio for the merger of the two companies. An independent consultant has placed a thresho…
Drilling by Four Seasons Resources failed to intersect economic gold mineralization on the company’s Beaver Dam property in Nova Scotia. The 2-phase drill program tested sections of the main slate hor…
Whim Creek Consolidated, acting on behalf of a consortium, has signed a deal with C.R.A. Ltd., to purchase all the shares of Forrest Bay Pty. for $76.5 million. Members of the consortium include Austw…
Even though base metal prices continued at depressed levels last year, Hudson Bay Mining and Smelting was able to improve its bottom line, but not enough to boost it into the black. The company’s net …
A much more conservative accounting policy has been adopted by Galactic Resources, major gold producing asset of which is the Summitville mine in Colorado. As a result, Galactic reported a year-end ne…
Underground drilling and bulk samples from Audrey Resources’ Mobrun project suggest that gold grades are approximately 30% higher than first estimated, President Guy Hebert, tells The Northern Miner. …
Chevron Minerals will be spending approximately $700,000 this year on B.Y.G. Natural Resources’ Mt Nansen gold property in the Yukon. The expenditure is almost identical to last year’s budget which wa…
The new projects undertaken by Glen Auden Resources this year include: * Ground geophysics are planned on the 51-claim joint venture with Mineta Resources. The property adjoins Rambo Exploration’s pro…
On the threshhold of crossing that magic line which separates exploration companies from gold producers is Toronto-listed Seabright Resources. This Halifax- based company plans to produce from its Bea…
A section of zinc rich mineralization has been encountered at Colony Pacific Explorations’ Blue Moon property in California. Westmin Resources has already spent $2.7 million(US) on the property and mo…
In something of a coup, a little known junior Canadian mining company, Monte Carlo Gold Mines, has obtained the exclusive mining concession to this beautiful Dutch island in the Caribbean Sea just 15 …
Alberta-listed Zahavy Resources has exercised its right of first refusal and has decided to purchase Getty Resources’ 50% interest in the Favourable Lake joint venture property located north of Red La…
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