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Golden Rule, Manson Creek plan buybacks

Share buyback plans were announced recently by Calgary-based Golden Rule Resources (TSE) and its 58% owned subsidiary Manson Creek Resources (TSE). Golden Rule says it intends to acquire up to 1,052,0…



EDITORIAL Buying back shares adds liquidity

Cash is king, they say, and the truth of that homily is reaffirmed each time the stock market slumps. Those that have cash can ride out the rough times, pick up bargains and generally look after the b…



Laverty drilling yields disappointing values

Narrow, localized zones carrying little gold appear to be the source of the strongly anomalous humus samples collected on the Laverty Red Lake Resources (COATS) claim group near Red lake, Ont. A 4-hol…



Barrick drills new zone east of Holt-McDermott

American Barrick Resources (TSE) is drilling what a company official has described as an “interesting new zone” on the Mattawasaga property, east of Barrick’s Holt-McDermott gold mine at Kirkland Lake…


Inco, Golden Knight renew Casa Berardi exploration

This month marks the start of a 15-month exploration program at Casa Berardi Est gold mine in Quebec of Inco Gold and Golden Knight Resources. The program is designed to define the mine’s resources in…


Rouyn Mining part of research effort

Rouyn Mining Resources (TSE) has joined forces with the Quebec Industrial Research Centre in an effort to improve the efficiency in mining methods of vein type deposits. The pair will build a movable …


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