Platinova, Rayrock placement
A private placement has been completed by Platinova Resources (TSE) with Rayrock Yellowknife Resources (TSE). Rayrock purchased one million Platinova shares for 50 cents per share. Rayrock has also r…
News
NXL plans major program for Sandy K
A drill program on the silver property controlled by Sandy K Mines, a private company, will focus on drilling off three silver-bearing veins. Situated near Gowganda, Ont., the Sandy K property is bein…
Results of exploration financed with flow-through
Between 1983 and the end of 1988, flow-through share (FTS) financing raised some $3 billion for mineral exploration in Canada. Even though it typically takes years of exploration to identify a commerc…
Sikaman raising Bogosu funds through public offering
Seeking funds to help bring a joint venture gold project in Ghana, West Africa, into production, Sikaman Gold Resources (TSE) has arranged a public offering designed to raise up to $15,150,000. The co…
Iskut River gold camp exploration mecca
Despite its rugged terrain, remote location and sometimes inhospitable climate, the Iskut River camp in northwestern British Columbia has been an exploration mecca for junior and major companies alike…
Alberta Stock Exchange Volumes pick up
Following a period of inactivity, volumes picked up again this week and a number of issues made significant progress. Large blocks of the Bitech Energy Resources, Casamiro Resources and Pelham Gold is…
Earning Report (March 06, 1989)
Homestake Mining Co. (NYSE) reports fourth quarter net income of $15.8 million(US) or 16 cents per share on revenue of $125.7 million. For the same pe riod a year earlier the company reported net inc…
Gold funds as of Feb. 28
BGR Goldcorp Central MVP Capital Net value $12.06 9.01 6.61 0.78 Price $9.50 6.125 5.75 0.66 Discount 21.23% 32.0% 13.0% 15…
Huldra Silver eyeing production at Treasure Mountain
Subject to a favorable feasibility study and necessary financing, Huldra Silver (VSE) says it intends to place its Treasure Mountain silver-lead-zinc project near Hope, B.C., into production. The comp…
Obituary Dennis Fairbairn
Mining lost one of its brightest assayers when Dennis Fairbairn died recently following a brief illness. He was 71. A native of Victoria, B.C., Fairbairn was known for his strong views on gold explora…
Flin Flon – Snow Lake leads exploration in Manitoba
The greenstone belts of northern Manitoba continue to be the focus of base and precious metals exploration and development programs. The most active area is the Flin Flon-Snow Lake greenstone belt, st…
Gold Canyon, Bradner team up on Blue Dog
An equal joint venture partnership is being formed by Gold Canyon Resources (VSE) and Bradner Resources (VSE) to further develop the Blue Dog gold project in Washington Cty., Idaho. .T The partners …