BC Gold Corp (TSXV-BCG) produces the first estimate of the mineral resource for the NI 43-101 for the Engineer Mine. This property located on the south shore of Tagish Lake near Atlin, BC. First estimates from this historical property estimate 25,000 ozs of gold per 41,000 tonnes. http://www.bcgoldcorp.com/main/?newsReleases&98
We recently attended the Mining Round Up show in Vancouver and we learned a number of things that are of interest. There were many firms from Northern BC at the show all looking to do business with mining companies. Was this the right forum? No but it was a start. Second this show is still [...]
American Banking News Its portfolio of oil and gas properties is geographically diversified with producing properties located principally in Alberta, British Columbia, … Click for more
NovaGold Resources (AMEX-NG, TSX-NG) recently has mailed their offer for a takeover to the shareholders of Copper Canyon (TSXV-CPY). Pursuant to the offer, Copper Canyon shareholders will receive 0.0425 of a NovaGold common share for every common share of Copper Canyon. The offer will be open for acceptance until 5:00 pm (Eastern time) on February [...]
Nova Gold (TSX-NG) announced today that it intends to acquire all of the outstanding shares of Copper Canyon Resources (TSXV-CPY). This deal would provide Nova Gold with Copper Canyon’s copper/gold/silver property that is adjacent to Nova Gold’s Galore Creek project
Capstone Mining (TSX-CS) announced their 3rd quarter results ending September 30, 2010 generating cash flow of $26.7 million with $172 million with cash on hand. These income was a direct result of their 2 mining operations in Mexico and the Yukon. The Kutcho property located in Dease Lake has not begun operations yet. http://capstonemining.com/s/NewsReleases.asp?ReportID=427555&_Type=News-Releases&_Title=Capstone-Reports-Financial-Results-for-the-Third-Quarter-and-Year-to-Date
Duncastle Gold (TSXV-DUN) has closed both private placements announced September 14, 2010. The company also reported oversubscription of the flow-through placement in addition to oversubscription of the non-flow-through placement announced on October 18, 2010. Gross proceeds from the flow-through placement total $637,184.95 from the sale of 9,102,642 flow-through units while gross proceeds of the non-flow-through [...]
CanadianBusiness.com The Calgary-based company says it will construct a pipeline in northeast British Columbia and other field facilities in Western Canada for Imperial Oil … Click for more
Globe and Mail In a worrisome sign, Enbridge presented Northern Gateway for regulatory approval without securing any commitment from oil and gas companies to use it – an … Click for more
Marketwire (press release) … interest in 57 mineral claims prospective for Rare Earth’s covering approximately 56000 acres, contiguous to Spectrum Mining Corporation in Northern BC, … Click for more
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