Toronto-based Bitech Energy Resources (ASE) has substantially increased its mineral exploration activities since last year, and recently, the company made a significant gold discovery in Newfoundland….
As indicated by its recent financial results Mineral Resources International (TSE) is continuing to benefit from zinc prices which jumped recently to $1,350(US) per tonne from $820 a year ago. MRI’s n…
Surface diamond drilling on the SB property near Stewart, B.C. intersected a new zone parallel to the Main zone where operator Tenajon Resources (VSE) has been encountering impressive values in both p…
Still under fire for a recapitalization plan designed to fend off a hostile takeover, Inco Ltd. (TSE) is setting aside $100 million to sustain production in its Manitoba division. Over the next seve…
A change of guard at Breakwater Resources (TSE) suggests the company could eventually fall under the control of Corona Corp. (TSE). Ned Goodman, the chairman of Corona, was recently appointed to Break…
A high grade gold and silver discovery was made by Energex Minerals (TSE) on its JD property (eight miles east of the Al project), part of the company’s wholly-owned Toodoggone project in north-centra…
A new reserve estimate has been prepared for the AT zone at Cathedral Gold Corp.’s (TSE) Porcher Island property 35 miles south of Prince Rupert, B.C. The latest estimate is based on 78 holes represen…
Initial concerns raised by the Prospectors and Developers Association of Canada (PDAC) over amendments to Ontario’s Public Lands Act (Bill 137) have abated somewhat, the association’s managing directo…
A spectacular drill hole has been reported from the UTC zone at Newhawk Gold Mines (TSE) Sulphurets property north of Stewart, B.C. The zone was discovered earlier this year during a deep test in the …
A winter diamond drill program is being organized by Doron Explorations (VSE) to continue testing a high grade gold-bearing quartz vein discovered in a recent exploration program on its Caribou Creek …
After releasing some of the latest results from its Jacobson Twp. gold property near Wawa, Ont., Spirit Lake Explorations (ME) is in the process of deciding where to begin the next phase of drilling o…
NovaGold Resources (TSE) reports $202,242 in cash as at Aug 31. The company withdrew a public issue earlier this year due to “adverse market conditions.” The company is seeking joint venture arrangem…
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