During the past year, your paper has covered, with appropriate caution, reports of unusual gold mineralization from Fort MacKay in Alberta, Brookfield in Nova Scotia and a property in Arizona. The rep…
American Gem (TSE) has completed a $7.3-million Euroequity offering. The placement, consisting of 1.5 million shares at $4.88 per share, was arranged by IBK Capital, a Toronto-based investment banking…
Directors of High River Gold Mines (TSE) have agreed to let TVX Gold (TSE) acquire a half interest in the Snow Lake gold property in northern Manitoba. TVX must cancel all its 6 million shares, arrang…
Toronto-listed International Gold Resources intends to buy two additional concessions in Ghana. The Mpatasie property comprises 31 sq. miles and is contiguous with the recent gold discovery made by Ki…
A new geological resource has been calculated for the Glover Island gold property in western Newfoundland. Partners New Island Minerals (ASE) and Newfoundland Goldbar Resources (CDN) report that analy…
A longtime member of the Canadian mining fraternity, Orval Leigh died recently. He was 58. Toward the end of 1987, he joined Battle Mountain (Canada) as vice-president and managed the company’s Canadi…
An option agreement with Homestake Canada gives GeoNova Exploration (VSE) the right to earn interests in four properties in northwestern Quebec. The junior may earn a 100% interest in each of the Noyo…
Less than a year into its mandate, TVX Gold (TSE) is wasting no time as it pursues mining opportunities. At the annual meeting in Toronto, Chairman Eike Batista told shareholders and analysts that the…
Alberta-listed Kingswood Resources has amalgamated with Botswana Minerals, a privately owned Canadian company, to form Southern Africa Minerals. Under the merger, Kingswood shareholders will receive o…
Four directors of Band-Ore Resources (CDN) exercised options and sold shares in February. According to the Ontario Securities Commission’s OSC Bulletin, director Ronald McKeown exercised 50,000 option…
Vancouver-based Canada Tungsten (TSE), together with its subsidiaries, is selling its interests in the Kremzar gold mine to Van Ollie Explorations (CDN) and three partners. The mine, 40 km northeast o…
Junior Athena Gold (VSE) has retained an independent firm of engineering consultants to prepare a prefeasibility report on the Talapoosa gold-silver project in Nevada. Athena now owns all of Talapoosa…
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