A third gold discovery was reported by USMX (NASDAQ) from its Alligator Ridge property in White Pine Cty., Nev. The recent discovery of gold mineralization on the Horseshoe target follows the North Y…
A consulting firm was recently hired by Grange Gold (VSE), a junior company looking to investigate possible joint ventures or partnership arrangements for its 50% owned Lovitt Mining. Lovitt owns abou…
Major company Placer Dome (TSE) plans to fund a $200,000 exploration program this year on the Isle Aux Morts River gold property held by Fortune Bay Resources (VSE) in southwestern Newfoundland. The p…
David DeWitt appointed director.
Toronto-based Ned Goodman reported boosting his ownership by 2.3% in Prime Resources Group (VSE), the operator of the Eskay Creek gold exploration project in northwestern British Columbia. Goodman sai…
A new preliminary reserve estimate of 643,000 tons grading 0.29 oz. gold per ton for the West zone of the Douay joint venture gold project in northwestern Quebec has been announced by Inco (TSE) and S…
A series of transactions proposed by Canarc Resource (VSE) is expected to result in the company owning 37% of Suntac Minerals (VSE). Suntac’s key asset is an option to earn a 60% interest in the Polar…
Options Open Series Volume Last Interest Aug 370 C 10 4.50 13 The New York closing gold price was $363.50 per oz. Last quotat…
Semi-monthly reports as of May 15, showed 25,640,565 shares of 587 issues compared with 26,009,570 shares of 646 issues on Apr 30. Larger individual positions included: Amax Gold 35,400, up 32,400; A…
Mining began May 20 at the SB gold property near Stewart, B.C., a joint venture between Tenajon Resources (VSE) and operator Westmin Resources (TSE). Tonto Mining was awarded the contract for mining,…
British Columbia’s chief gold commissioner recently ordered that Eurus Resource (VSE) apply for abandonment and relocation of the PI and Delta claims within 30 days of the removal of the staking freez…
The successful completion of a private placement of debentures by Glamis Gold (TSE) prompted the company to increase the size of the issue to US$12 million from a minimum of US$8 million. The placemen…
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