United Reef/Canhorn form joint venture
A joint venture has been formed by United Reef Petroleum and Canhorn Mining Corp. to further explore the latter’s Baird Twp. property in the Red lake area of Ontario. Under the terms of the agreement,…
News
Hydra’s Johnsby property possible heap leach mine
An option deal has been completed between Hydra Explorations’ 50%-owned affiliate Johnsby Mines and a private company concerning Johnsby’s gold property in the N.W.T. Discovery Mines holds the remaini…
Big leap in tons, grade reported at Skyline bet
British investors are reported to be at least partially responsible for the heavy trading activity and price appreciation in Skyline Explorations. The stock has been a real mover lately and indeed The…
The common shares of Pure Gold Resources were posted for trading
Toronto Stock Exchange under the stock symbol PUG on Nov 12. The listing covers 10.5 million common shares of which 2.8 million are issued and outstanding and 7.7 million are reserved for issuance. Th…
Teeshin says Dome Mountain secure
A contract dispute between Teeshin Resources and Canadian United Mine rals will be adjudicated by Vancouver lawyer Leon Getts acting as arbitrator. The dispute between the two companies is essentially…
Partners needed to develop a third of Alasaka’s minerals
Representatives from a corporation that proudly bills itself as the largest private landholder in the United States recently stopped in to see senior mineral exploration staff at some of Canada’s top …
Sharpe on VSE
The shares and share purchase warrants of Sharpe Energy & Resources h ave begun trading on the Vancouver Stock Exchange, the company says. Sharpe will net approximately $170,000 in cash from an underw…
Former producer Lundmark readied for more drilling
The former producing Thompson-Lundmark gold mine near Yellowknife, N. W.T., is ready for diamond drilling following a $500,000 exploration program, Ardic Exploration and Development and Consolidated T…
Additional work set for Elder project
A $3-million underground program has started on the Elder mine property held by joint venture partners Nova Beaucage Mines (35%) and Aunore Resources (65%). Located near Rouyn, Que., the property incl…
Aur drilling extends Bachelor Lake zone to Gewfrap property
Underground work by Aur Resources has shown that the gold zone being mined by Bachelor Lake Gold Mines on its Desmaraiasville, Que., property crosses over onto its Hewfran property. Aur, which has be…
Belmoral, Broulan to set up new company
Belmoral Mines and Broulan Resources have signed an agreement giving Belmoral the right to option Broulan’s property at Timmins, Ont., by spending $200,000 before the end of November to produce an exp…
Geddes set for action at big Windy Craggy bet
The big but remote Windy Craggy copper-cobalt property of Geddes Resources in northwestern B.C. has attracted a lot of attention over the past few years but, so far, little money for development. That…