Syngold completes sale of shares
Syngold Exploration has completed the sale of 1.1 million common shares at a price of 80 cents per share and of $2.5 million of deposit receipts. Purchasers of the deposit receipts will earn one comm…
News
Royex Gold/Int’l Corona may be operators at Jolu
If current negotiations are successful, Royex Gold Mining Corp. and International Corona will be appointed the operators of the Jolu property in the La Ronge gold belt of northern Saskatchewan. The ne…
McAdam Res. now on TSE
The shares of McAdam Resources are now listed on the Toronto Stock Exchange; the company’s trading symbol is MMM. The company has successfully completed a rights issue undertaken by Merit Investment C…
Financing heats up action on Professor’s Duport bet
With new financing in hand to the tune of a minimum $4.5 million, Consolidated Professor Mines plans an accelerated exploration and development program at its Duport gold property at Shoal Lake, near …
Results encouraging for Golden Rule
Golden Rule Resources has traced a gold-bearing, quartz-barite breccia for a distance of 400 ft on its Toodoggone area property north of Smithers, B.C. The company is involved in a 6,000-ft drill prog…
Eldorado pulls plug on Greek project; stock tanks
Eldorado Gold (TSX: ELD; NYSE: EGO) is suspending construction at its Skouries gold-copper project due to a continued lack of government support, and cautions it will halt its Olympias underground mine, if the Ministry of Energy and Environment…