An agreement to facilitate an extensive exploration program on the Bellavista/Montezume gold program has been reached between Midland Energy Corp. has reached an agreement with Rayrock Yellowknife Res…
about six miles southeast of Rouyn, Que. McAdam has to pay the vendor, Jack Stoch Geoconsultant Services, $500,000 over three years, 250,000 shares of McAdam with a 5-year option to buy another 125,00…
share-for-share basis.
A fall program is under way at the Snowbird property in the Omenica mining district of B.C., reports X-Cal Resources President Shawn Kennedy. Trenching of eight targets is planned in an effort to bett…
Drill results have been reported by Delaware Resources from its SNIP prospect in the Ikut River area of B.C. Hole 12 drilled on the Cross zone returned a 55.7-ft intersection grading 0.586 oz gold per…
There’s a whole new game now. This country is blessed with an abundance and great assortment of minerals, the production and marketing of which remain central to our continuing prosperity. And our e…
offering to raise $7,502,500. The offering consists of 3.25 million units, each unit consisting of one common share and one-half a purchase warrant, at 77 cents per unit, and, separately, 3,125,000 r…
Once development work as well as equipment and operations modifications are complete, Calgary- based General Minerals Corp. (formerly Northgane Minerals) will prepare for the start of production at it…
Seabright Resources of Halifax is well advanced with underground development on two of its Nova Scotia gold properties. At Forest Hills in Guysborough Cty., a vertical shaft has been sunk to 750 ft to…
Vancouver-listed Devran Petroleum is about to expand its base of oil and gas operations in Ontario. Devran has received an option to buy all the Ontario oil and gas property interests of Onexco Oil an…
Glen Auden Resources has entered into an agreement with Noranda Exploration Co. on its 26-claim Burntbush property in Hurtubise Twp., Ont., which is the western extension of the Casa Berardi area, Tho…
Production has started at Glamis Gold’s Yellow Aster gold mine in California, with the mine’s Lamont zone expected to yield 4,000 oz over the next six months. The company says the production start fol…
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