A drilling program at the Huckleberry property under option to New Canamin Resources (VSE) continues to return excellent copper values. The company is proceeding with a second-phase drilling program t…
A member of the Agnico-Eagle Mines (TSE) group of companies, Goldex Mines (TSE), has agreed to pay Montreal-based junior Ormico Exploration (ME) $2.05 million for its 40% interest in the Goldex Extens…
(Second of a 3-part series) Using surface geochemical sampling, Dia Met Minerals (VSE) followed a 700-km-long trail of indicator minerals for five years in the Northwest Territories until it made the …
Calgary-based Flag Resources (ASE) is drilling a “large geological structure” on the southern boundary of the Wanapitei anomaly in Rathburn Twp., near Sudbury, Ont. Flag also plans to drill a 5,000-ft…
An offer to purchase 3.3 million common shares of Nova-Cogesco Resources (TSE) by NCG Acquisition has been extended to Nov. 9 from Oct. 30. NCG, an affiliate of Hughes Lang (VSE) and Orofino Resources…
A joint venture agreement allowing Yellow Point Mining (VSE) to earn an interest in the Kasperske Hory gold deposit in Czechoslovakia was recently terminated. Yellow Point President Thomas Tough said …
An agreement-in-principle sets the stage for 007 Precious Metals (VSE) to earn a majority interest in Freegold Recovery’s (VSE) interest in the Golden Summit project near Fairbanks, Alaska. The terms …
The terms of a financing agreement were settled between Formosa Resources (VSE) and its major shareholder, respecting the US$2.09 million advanced to Formosa for ongoing operating expenses. The compan…
Three environment-related research and cleanup projects will receive grants from Ontario’s Ministry of Northern Development and Mines. The ministry will contribute $15,000 to Falconbridge Ltd.’s study…
The constitutional referendum is past but not forgotten. In the days following the vote, the economy seems destined to become the favored topic, but mark our words, the constitutional debate may be ta…
An aggressive foray into diamond exploration in Canada’s North is providing a new focus for Lytton Minerals (TSE), which earlier this year was a semi-dormant junior with a stock price below a dime. Th…
A lawsuit filed against Teck (TSE) by Bridger Resources (VSE) is proceeding in the Supreme Court of British Columbia at the examination-for-discovery stage. The statement of claims alleges that Teck a…
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