News

The oxide resources of the Tonkin Springs project in central Nevada are 4 million tons averaging 0.033 oz. gold per ton. Incorrect figures appeared in our June 5 issue.The project is being examined by…

The Trenton Canyon gold project of Santa Fe Pacific Gold (TSE) will undergo development.Situated 11 miles south of the company’s Lone Tree gold mine in northwestern Nevada, Trenton Canyon has yet to r…

Junior Canadian Golden Dragon (VSE) will acquire 200,000 shares of Glimmer Resources (VSE) priced at $1 per share.The funds raised will be added to Glimmer’s working capital and fund a preliminary fea…

Toronto-based Agnico-Eagle Mines (TSE) will buy 843,000 shares of Sudbury Contact Mines (TSE) from affiliated holding company Mentor Exploration and Development (TSE).As consideration for the purchase…

In early March of this year, the government of Quebec added provisions to the Mining Act and its attendant regulation that oblige the holders of mining rights and mining operations to restore the site…

Gold Funds as of June 6BGRCentralNet Value$17.36$6.67Price$14.38$7.25Discount17.17%Premium8.7%Value$135,689,000$131,219,925…

Growing interest in Labrador’s Voisey Bay nickel discovery is responsible for the Vancouver Stock Exchange hitting a 2-year record for the volume of shares traded in the month of May. A total of 598 m…

The Toronto Geological Discussion Group will present a seminar and update on Diamond Fields Resources’ nickel-copper-cobalt discovery in the Voisey Bay region of coastal Labrador.The event will be hel…

Richard Horsnail appointed director of international exploration.

Hugh Morris appointed director.

Walter Drexel appointed director.

Jon Langstaff named vice-president of human resources.