Celtic to earn in on Garland ground
An option deal between Celtic Minerals (CME-V, CMIGF-O) and Cornerstone Capital Resources (CGP-V, CTNXF-O) will let Celtic earn a 51% interest in Cornerstone’s Garland property in Labrador, 30 km sout…
Celtic Minerals Ltd
Celtic to earn in on Garland Lake ground
An option deal between Celtic Minerals (CME-V) and Cornerstone Capital Resources (CGP-V) will let Celtic earn a 51%…
Drilling turns up gold at Crater Mountain
Vancouver – London-based Triple Plate Junction (TPJ-L) has reported initial encouraging results in its first diamon…
Altius-Barrick deal triggers gold rush in Newfoundland
St. John’s, NFLD — An increased level of exploration activity in Newfoundland and Labrador has resulted in 30,500 new claims being staked this year (to the end of October), surpassing the previous hi…
Eur. Goldfields raises funds
European Goldfields (EGU-V) has completed a non-brokered private placement of 1.5 million shares priced at $3.10 apiece.The company intends to use the $4.6 million in gross proceeds to fund exploratio…
Drills turn at Victoria mine
Vancouver — Partners Celtic Minerals (CME-V) and Inmet Mining (IMN-T) have launched a 2,500-metre drill program over the Victoria Mine, Sutherlands Pond and Hungry Hill base metal projects in central…
Celtic, Orogrande holes cut sulphides
Drilling at two separate projects in central Newfoundland has turned up promising massive sulphide mineralization.At the Great Burnt Lake property, Celtic Minerals (CME-V) has extended a known copper …
Eastern Canada’s VMS camps attract financing
Exploration for volcanogenic massive sulphide (VMS) deposits is showing signs of sustainable life in eastern Canada as majors Billiton, Inmet Mining (IMN-T), Noranda (NOR-T) and Phelps…
Companies (October 04, 1999)
Aber ResourcesAltoro GoldAnglo AmericanAnglogoldArchon MineralsAsarcoAscot ResourcesAshanti GoldfieldsAvalon VenturesBand-Ore ResourcesBarrick GoldBattle Mountain GoldBirim GoldfieldsBrok…
NEWS ROUNDUP — Hungry Hill deal nixed
The Hungry Hill option agreement between equal partners Celtic Minerals (CME-A), Jilbey Explorartion (JLB-M) and Rio Algom (ROM-T) has been terminated. The agreement covered 292 claims totallin…
Companies (August 09, 1999)
Agnico-Eagle MinesAltius MineralsApex Silver MinesArchangel DiamondAtna ResourcesBard Silver & GoldBarrick GoldBattle Mountain GoldBema GoldBillitonBuchans RiverCambiorCamnor ResourcesCancor MinesCanm…
Buchans area heats up
Rumours about a major new base metal discovery in the Buchans area of central Newfoundland are rumours still, but activity in the area suggests there may be some substance to the buzz.The stories have…