Larder Lake agreement
A number of company’s involved in exploration at the Larder Lake gold property near Kirkland Lake, Ont. have agreed to revise an agreement which would have given Gold Vessel Resources (ASE) a 24% in r…
1988
Editorial Added bureaucracy
Quebec Mines Minister Raymond Savoie has been openly critical of the Canadian Exploration Incentive Program, the federal government program that changes flow-through share investment benefits from a t…
Claude, Newmont pleased with Ithingo drill results
Preliminary drill results from the Ithingo Lake gold project in northern Saskatchewan have been received by partners Newmont Mines, a wholly-owned subsidiary of Newmont Mining, and Claude Resources (T…
Bond Gold set to expand North American output
Australian business magnate Alan Bond, with his penchant for corporate juggling and getting things moving, is well positioned to make waves on the North American gold mining scene. His company, Bond I…
Montreal Exchange Messeguay/ Corona deal
When a senior takes an interest in a junior, watch out] Toronto-based Corona Corp. has announced it has reached an option agreement with Messeguay Mines whereby it may earn up to a 70% interest in a p…
Investment Comment Junior gold producers evaluation
The Canadian gold mining industry today offers investors a broad spectrum of choices from senior gold producers to emerging junior gold producing companies Emerging junior gold companies are companies…
Battle Mountain profit reflects higher sales
Anticipating sales of 305,000 oz in 1988, Battle Mountain Gold (TSE) is proving to be one of the more profitable gold producers in North America. Third quarter net income jumped 26% to $15.3 million a…
Newfoundland’s biggest gold play Noront teams up with Noranda
With three diamond drills starting up this week, a major grass roots exploration program quietly under way over the past two years by Noranda Exploration on a huge spread of almost virgin ground in no…
Golden North, Corona deal is terminated
An interim agreement allowing Golden North Resource (TSE) to acquire interests in the Bralorne and Cariboo Bell properties in British Columbia, and other property interests from Corona Corp. (TSE) has…
Companies consolidate interests in B.C. copper-gold project
The companies involved in the Kerr copper- gold property, Western Canadian Mining Corp. (VSE) and Sulphurets Gold Corp. (VSE), recently agreed in principle to consolidate their respective interests in…
Ronrico raises more funds for Simkar bet
Toronto-based Ronrico Explorations (VSE) has announced another funding agreement to finance exploration on the Simkar gold property east of Val d’Or, Que. The funding agreement was made with the Minta…
TSE blocks Corona/Golden North property transaction
The Toronto Stock Exchange blocked an interim agreement between Golden North Resource Corp. (TSE) and Corona Corp. (TSE) which would have seen Golden North acquire, along with certain other assets, Co…