200,000 shares of the company’s capital stock at 45 cents per share. These shares will be designated as flow-through, the company says, and the proceeds will go to finance exploration on the company’…
A lease agreement held by Cornucopia Resources has been renegotiated, the company says. The agreement concerns the Red Mountain gold deposit in Colorado. Under the new deal, Cornucopia will receive a …
Labor relations in the mining industry are changing dramatically in the 1980s, largely a result of the changing economics of the industry. The 3-month old strike at Noranda’s Canadian Electrolytic Zin…
A 25,000-ft diamond drilling program is scheduled to start in December on Argentex Resource Exploration’s property in Puiseaux and Orvilliers twps., Que. The drilling will test areas which yielded ano…
Limited Partnership has agreed to fund a surface diamond driling and shaft rehabiliation and underground bulk sampling program on the company’s Island Lake Gold project in Manitoba. Total flow-through…
Interlake Development plans to amalgamate with two of its subsidiaries and a fourth company, all of which have interlocking management and hold jointly certain oil and gas property interests, and chan…
A joint venture agreement between Kerr Addison Mines and International Coast Minerals could see the former spend $1.75 million on a gold property in the Kennedy Lake area on Vancouver Island. Coast Mi…
Improving gold prices and operating efficiencies are the chief reasons behind the 60% profit boost found on the latest financial statements from U.S.-based Battle Mountain Gold. For the nine months en…
Could you please bring me up-to-date on Fort Knox Gold. I understand Inco has taken larger control or interest in the company. Please verify. G.S. Toronto, Ont When Fort Knox Gold Resources was origi…
Mary Ellen Resources has entered into an agreement with Eldor Resources, giving it the right to earn a 40% interest in Eldor’s gold-platinum property in northern Saskatchewan. Mary Ellen can earn its …
Work is progressing on schedule for the July, 1987, start-up of Mascot Gold Mines’ Nickel Plate open pit gold project, reports Chairman Peter Steen. The tailings dam is complete and the new power supp…
Ramm Venture Corp., which was the third largest trader on the Vancouver exchange in 1984, trading as high as $3.10, has raised $600,000 in flow-through financing. The money will be used, President Joh…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.