News

Average Yield

The average yield on mining stocks was down 0.12% at 1.87% on the Toronto Stock Exchange, as compiled by Moss, Lawson and Co., on prices of Sept 5. Last month this group yielded 1.97%, while one year …


Syndicate finds platinum near Schefferville

A private company believes it could have a major platinum discovery in the Labrador trough area north of Schefferville, Que. Assays from the first half of about 2,000 samples taken by La Fosse Platinu…


Silverside cuts gold values in Garrison Twp.

Ore-grade gold mineralization has been encountered in three drill holes put down in an initial program on Silverside Resources’ Garrison Twp. property in northeastern Ontario. President Leith Hellens …




Flow-through offer made by augmitto

Augmitto Explorations has received final receipt from the Quebec Securities Commission for a prospectus offering in Quebec. If completed, the offering will raise a minimum of $2.5 million and a maximu…


Mazarin options Wilco property

Mazarin Inc. has concuded an agreement with Cambior Inc. and Noranda Inc. to acquire an interest in the Wilco property one mile east of Rouyn- Noranda in northeastern Quebec. The project has considera…


Montreal Stock Exchange Cambior still climbing

Wednesday close, Sept 24 What was a little-known group of assets owned by the Quebec government just months ago is fast becoming one of Quebec’s premier gold issues. This week Cambior was, once again,…



New zones spotted on Peralto gold bets

Peralto Resources says it has located three zones of intense silicification, with characteristics similar to known mineral bodies in the Toodoggone gold area, on the company’s holdings in the northern…


Alberta Stock Exchange La Ronge boosts Claude

Wednesday close, Sept 24 Trading this week on lthe Alberta exchange was on the uptick with 6,366,200 shares changing hands. Claude Resources Inc., which is working with major Placer Development on a p…


Reject settlement at Horne division

Noranda Minerals’ Horne Division said early in the week its employees, members of the Confederation of National Trade Unions, CNTU, had voted 66% in favor of rejecting a proposal for settlement recomm…


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