Aurora drills nickel sulphide targets in Quebec
Vancouver — Encouraging results from last year’s drilling on the Midrim and Foy properties have prompted junior Aurora Platinum (ARP-V) to intensify its hunt for nickel sulphides in Ontario and Quebe…
Falconbridge Limited
Ventersdorp study under way
In preparation for their proposed merger, Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have initiated a prefeasibility study at the latter’s Ventersdorp diamond project in South Afri…
Nuinsco to drill Bucko
A flow-through financing for $400,000 will bankroll a drilling program by Nuinsco Resources (NWI-T) at the Bucko property near Wabowden, Man.Nuinsco is to drill an electromagnetic anomaly located by a…
Drilling enhances Loveland
Drilling by Prospectors Alliance (YRP-V) has intersected more base metals at the Loveland property, near Timmins, Ont.Prospectors can earn a half-interest in the project by covering exploration expend…
Mustang finances PGM exploration
Toronto-based Mustang Minerals (YMU-V) recently topped up its treasury with a $1.1-million special warrant financing sold through Jennings Capital. Proceeds will be used to explore for platinum group …
Falco counters union complaint
Falconbridge (FL-T) has filed a detailed response to a charge of unfair labour practices lodged by Canadian Auto Workers (CAW) union local 598 in Sudbury, Ont.A company spokesman says the union’s comp…
Sarmin goes public as TGW
Sarmin Exploration, a private Ontario company with an exploration portfolio in the Dominican Republic, has begun trading publicly following a reverse-takeover of Quebec-based Boreal Exploration (BOR-M…
Flow-through share financings benefit Canuck juniors
Vancouver — Companies with Canadian projects are finding willing investors for flow-through share issues, which provide investors with tax deductions on exploration expenses.- Canabrava Diamond (CNB-…
Drill program expanded at Foy
Vancouver — Armed with new geophysical data, Aurora Platinum (ARP-V) has increased the drill metres for its current program on the Foy nickel-copper-platinum-palladium property, near Sudbury, Ont.An …
Weda Bay develops nickel laterite project
Having delineated a sizable nickel-laterite resource on the Indonesian island of Halmahera, junior Weda Bay Minerals (WDA-T) is now studying the feasibility of developing an open-pit nickel-cobalt min…
Falco has strong quarter Inco moves into the black
Higher metal prices and strong performances from its newest mines have propelled Falconbridge (FL-T) to a profitable first quarter.The company earned $109.5 million (or 60 per share) on revenue of $6…
Freewest eyes PGE showings in Nevada
A deal with Royal Standard Minerals (rsm-m) is enabling Freewest Resources Canada (FWR-M) to extend its search for platinum group elements (PGE) to southeastern Nevada.The Montreal-based junior alread…