Placer Dome after Corona?
Speculation abounds that Canada’s largest gold producer Placer Dome (TSE) may be eyeing rival Corona (TSE) as a potential takeover candidate. Both companies have been making headlines lately as they b…
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Barkhor has Star drilling results
Vancouver-based Barkhor Resources (VSE) has released assay results from the first two drill holes on its Star base metal property, near Cranbrook, B.C. The company, which is seeking “Sullivan-type” ba…
Limited production at Magnacon mine
Production is continuing on a limited basis at the Magnacon gold mine in northern Ontario while operators Muscocho Explorations (TSE) and Flanagan McAdam Resources (TSE) continue to seek refinancing. …
Noranda quick to buy into Australian discovery
A new and potentially large gold discovery at Karpa Spring in Western Australia has attracted the attention of resource giant Noranda (TSE) which has moved quickly to secure a stake in the project fro…
Audrey hits fifth lens at depth Significant tonnage potential
Discovering new massive sulphide lenses is becoming part of the exploration routine at Audrey Resources’ (TSE) Mobrun polymetallic mine property near Rouyn- Noranda, Que. Since 1988, Audrey has uncove…
News in brief Arthurian Resources Ltd.
Arthurian Resources Ltd. (ATU:VSE) has increased its authorized capital from 10 million to 200 million shares without par value.
Copper-rich boulder train discovered at MacLeod Lake bet
Windy Mountain Explorations (COATS) has discovered a train of mineralized boulders stretching for 1.5 km across its MacLeod Lake property north of Chibougamau, Que. The boulder train, parallel to the …
Sunburst seeks new partner for Tribag
Toronto-based Sunburst Exploration (TSE) says Noranda (TSE) has elected not to proceed with the second stage of an exploration program on Sunburst’s Tribag copper property in northern Ontario. The pro…
Montreal exchange New lens at Mobrun
Drilling underground at the Mobrun mine just north of Rouyn- Noranda, Que., Audrey Resources and partner Minnova have discovered a new massive sulphide lens, the “C” lens, at a depth of 2,115 ft. Inte…
Bellex, Quattro focusing on Galore Creek copper
A porphyry copper-gold prospect in the Galore Creek camp of northwestern British Columbia is providing an exploration focus this season for joint venture partners Bellex Mining (VSE) and Quattro Resou…
Ivany denies asking for Eskay assay
Securities lawyers representing John Ivany at a hearing in front of the British Columbia Securities Commission appear to have adopted a strategy aimed at distancing Ivany from his associates, Murray P…
Belmoral selling Astoria stake, 40% of Yorbeau for $5 million
Cash-strapped Belmoral Mines (TSE) has agreed to sell its 50% stake in the Astoria gold property near Rouyn-Noranda, Que., to joint venture partner Yorbeau Resources (TSE). Belmoral is attempting to p…