Voisey’s it is
It’s Diamond Fields’ project, and it’s Voisey’s Bay.The first printed record of the most famous bay in Labrador was in 1909, when George Voisey referred to it as Voisey’s Bay in an oath transcribed in…
News
Greater Lenora to decide on Goldfields
Greater Lenora Resources (TSE) will decide in January whether to bring its Goldfields project into production.The company is in discussions with merchant banker Rothschild Denver to arrange debt finan…
Indomin Res. tops up its treasury
An offering of 5 million units at $1.60 each will provide Indomin Resources (VSE) with funds to pursue its interests in Indonesia.The placement was well-received and, including the greenshoe option of…
PEOPLE — SANFRED — Anthony Claydon appointed director.
PEOPLE — PETRO PLUS — Urban Casavant, Randy Studer, Gregory Leia, Ralph Newson and Wayne Goranson appointed directors.
PEOPLE — MOUNTAIN PROVINCE — Brian Lawrence and Raj Chowdhry appointed directors.
PEOPLE — DRAGON GEM — Richard Nemis appointed director.
PEOPLE — CANASIL — Max Schlaepfer appointed director.
OBC shows low-grade potential
The results of sampling at the OBC property in northern Quebec, owned by Band-Ore Resources (CDN) and under option to First Western Minerals (VSE), show low copper and nickel grades. Both companies se…
Trenching work confirms Beep Mat showings in Berthiaume Township
The Beep Mat Syndicate, a consortium of exploration and geophysical firms, has trenched a Beep Mat conductor in Berthiaume Twp., Que., confirming a mineralized zone 35 metres long and 4 to 5 metres wi…
Jerooy project shelved due to costs
The viability of the Jerooy gold project in the former Soviet republic of Kyrghyzstan is in question.MK Gold (NASDAQ) has decided the economics of the project will have to improve before it can procee…
Drilling tests Queen of the Hills
Drills have begun turning on the Queen of the Hills gold mine property near Salmon, Idaho.Falcon Ventures (VSE) will drill 10 holes in a 5,000-ft. reverse-circulation program. The objective will be to…