News





NEWS ROUNDUP — Corner Bay options 3 properties

Toronto-listed Corner Bay Minerals has optioned three properties comprising 367 hectares in Mexico’s Sonora state. In return, the junior must pay US$65,000 cash, with the vendor retaining a 2.5% net s…


6.6-m Breakwater shares to be sold

Dundee Bancorp. (TSE) has notified the Ontario Securities Commission and the Toronto Stock Exchange of its intention to sell more than 6.6 million common shares of Breakwater Resources (TSE). The shar…


ODDS’N’SODS — Surprise on a winter’s day

A few years ago, during one unforgettable December, I was under contract to a mining company to work on claims near the Madawaska River, east-northeast of Bancroft, Ont. As assistant to Ted, the consu…


Oasis, Soquem drill gold property at Chibougamau

Both Consolidated Oasis Resources (ME) and Quebec Crown-owned Soquem are encouraged by results of a $200,000 exploration program on the Pontiac gold property near Chibougamau, Que. An induced polariza…


Cons. Pope raising exploration funds

Junior Consolidated Pope Valley Holdings (VSE) expects to raise $10.5 million through a special warrant financing. Goepel Shields, Yorkton Securities and First Marathon have agreed to an agency offeri…


Soquem funds drilling on Nelligan Twp. play

Quebec Crown corporation Soquem will fund 1,600 metres of drilling on a gold-diamond property in Nelligan Twp., Que. The 185-claim property, near Le Tac, is jointly held by Ressources Orient (ME) and …


Barrick ups 1st-quarter earnings and production

Thus far into 1994, American Barrick’s (TSE) earnings statement shows every sign of outshining that of last year. For the first quarter, revenues were US$187.3 million compared with US$144.1 million i…


Habsburg modifies placement

Junior Habsburg Resources (TSE) reports that its previously announced private placement with Canaccord Capital has not been completed. Instead, Habsburg will sell, on a private placement basis, up to …


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close