Seabright issue gets exchange approval
A private offering of Seabright Resources flow-through shares has been approved by the Toronto and Montreal exchanges, the company says. Based on a minimum offering of 100 units and a maximum offering…
News
Getty Resources files prospectus
Getty Resources has filed in all provinces except Quebec, and has obtained receipts for a final prospectus for the offering of four million units, each consistng of one common share and two common sha…
Omnex International announces that shareholders of its predecessor
Carbrew Explorations approved its amalgamation with ECX Security productions. The amalgamated company will continue under the Omnex name and will be involved in security systems for the home and small…
Calpine completes sampling program
A trenching and chip sampling program has been completed by Calpine Resources on the company’s Eisler Lake gold property near La Ronge, Sask. The work tested sections of the DD zone, discovered during…
Dome drilling on Melrose prospect
Dome Exploration has started drilling on Melrose Resources’ Blackstock Twp. property 30 miles southeast of Timmins. To date about 14,000 ft of drilling has been completed in 17 holes to test magnetic …
Balance sheet woes spark Denison to sell L.O.C.
With a balance sheet hurting from the effects of the tumbling price of oil, Denison Mines is, in the words of one Bay Street analyst, “taking a step in the right direction” towards trying to mend it. …
Go-ahead seen for Dona Lake
It looks like a go for the Dona Lake gold project of Dome Mines and Campbell Red Lake Mines in the Pickle Lake area of northwestern Ontario. Dome President Henry Brehaut tells The Northern Miner he is…
General News & Comment: B.C. Mining still in slump through coal
For yet another year, the news is not good for British Columbia’s mining industry — the second largest industry in the province. The annual Price Waterhouse report, a detailed statistical analysis of…
Editorial: Industry urged to support research centre
If ever a project deserved the support of the mining industry in this country, it’s the new Earth Sciences Centre at the University of Toronto. A funding program for the new $46-million facility, du…
An additional 2.5 million Class B subordinate voting shares of
Resources were listed on the Toronto Stock Exchange on Oct 14, pursuant to the closing of the exchange offering prospectus distributed by the company.
Parquet gets funds for Quebec claims
Parquet Resources has received $621,428 from a limited partnersh ip in return for flow-through shares and receive up to $1.4 million more for exploration on two 100%-owned Quebec properties. Two dril…
Cache d’Or drilling at Dubisson bet
A drilling program on Cache d’Or Resources’ Dubuisson property in northwestern Quebec, adjoining Kiena Gold Mines on the east is again cutting into a high grade intersection. Last year hole No 55 inte…