Sea Gold assays from first hole at Hedley B.C.
The first diamond drill hole completed on the Cahill claim group in the Hedley, B.C., area by Consolidated Sea Gold Oil Corp. has returned commercial grade gold assays. Hole No 1 was completed to a to…
News
Golden Shield encouraged with feasibility at Mirado
With a detailed feasibility study nearing completion, Golden Shield Resources anticipates a production decision to be made later this fall on its Mirado gold project, says President Raymond J. Mongeau…
Phase two starts at Coxheath’s Tangier, N.S., bet
The second phase of evaluation of its Tangier property near Halifax, N.S., has started, says Coxheath Gold Holdings President Michael Riddell. This phase, which includes detailed surface geochemistry …
Goldstone Exploration has changed its name to INX Insearch Group of
Companies Ltd. and subdivided its shares on a basis of 3.5 new for 1 old.
Vior reports drill results from Ligneris
Drilling by Sigma Mines on Vior Inc.’s Ligneris Twp. property in northwestern Quebec during July have been reported included the following best intersections: Grade …
Control of Vital Pac to Davidson Tisdale
Davidson Tisdale Mines has acquired 3.9 million shares of Vital Pacific Resources at a price of 37 cents per share. Of the $1.45 million raised by Vital Pacific, $1.2 million will be used by the comp…
Toronto Stock Exchange Metals the bright spot in a languishing
Wednesday close, Oct 15 The market spent the holiday week languishing in the doldrums and the story was no different today. The widely-followed composite 300 was down 0.80 pts to close at 3,017.39. …
Drilling starts on Santa Maria’s Pickle Lake bet
Having recently completed a private placement of flow-through shares providing the company with $460,000 for exploration purposes, Santa Mar ia Resources has contracted for an initial 5,000 ft drill p…
Montreal Exchange: Louvem leaps to $1.85
Wednesday close, Oct 15 Val d’Or mining company Louvem got a hefty shot in arm this week when a Swiss-based newsletter referred to it as the cheapest of all Canadian gold producers. The European pub…
Nova Beaucage gets $1.1 million financing
A $1.1-million financing has been completed by Nova Beaucage Mines. The cash will be used to fund an expanded underground program on the company’s 35%- owned Elder mine project near Rouyn, Que. The pr…
Rafael Resurces has changed its name to Biologix (B.C.) Ltd. on a
share-for-share basis.
Average yields
The average stock yield on 111 dividend-paying stocks on the Toronto Stock Exchange as compiled by Moss, Lawson and Co. on prices of Oct 6 is up 0.03% at 3.83% from the previous week. The current yiel…