Proceeds of $5.58 million are reported by Exall Resources (TSE) from a private placement involving special warrants. The company will fund option payments and exploration and development relating to M…
A brokered private placement will enable Arizona Star Resource (VSE) to fund additional exploration on the Aldebaran gold property in Chile. The placement totals 1.5 million units at 60 cents per unit…
With so many Canadian companies active in Latin America and other foreign locales, this year’s convention of the Prospectors and Developers Association of Canada (PDAC) had a distinctly international …
A past president of the Prospectors and Developers Association of Canada (PDAC), Viola MacMillan will be presented in April with the Order of Canada. MacMillan, 90, is a member of the Canadian Mining …
A 3,400-metre definition drilling program at the Main Zone copper property, near Chibougamau, Que., has intersected high-grade copper mineralization over strong widths. Soquem is earning 30% of the pr…
Manhattan Minerals (VSE) has an option to acquire the Reyna de Oro Mineral concessions in Chihuahua, Mexico. It must spend US$2.5 million over five years and make graduated payments totaling US$300,00…
Toronto junior Madsen Gold (TSE) is conducting a feasibility study on its property near Red Lake, Ont. Funds are provided by a provincial government Norfund grant and a flow-through share issue. Prove…
Claiming that a planned 10-week shutdown at its Sudbury operations would have a negligible impact on soaring nickel inventories, Falconbridge has shortened the summer shutdown to two weeks. “Falconbri…
The Bousquet No. 1 gold mine might be considered the poor cousin of the three mines owned and/or operated by Lac Minerals (TSE) in the Malartic area of Quebec. The Doyon, owned 50% each by Lac and Cam…
A $110,000 provincial grant will enable Toronto’s Royal Ontario Museum (ROM) to continue researching the dating of rocks and minerals. The ROM’s Jack Satterly Geochronology Lab, which specializes in i…
Junior Arauco Resources (VSE) has broadened its South American portfolio by acquiring five copper properties covering 185 sq. km. in Argentina. Arauco already has 22 properties in southern Chile, incl…
Montreal-based KWG Resources (ME) has recovered a small macrodiamond from its kimberlite pipe in Guigues Twp., near Notre-Dame-du-Nord, Que. The colorless diamond, measuring 2x1x0.5 mm, was extracted …
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