Canarc Resources (TSX-CCM) is conducting an update preliminary economic assessment (NI 43-101) on it’s New Polaris Gold Mine Project located 100 km south of Atlin BC. The previous year old study claimed a 80,000 oz per year gold mine at New Polaris. This updated study appears to be for the satisfaction of potential partners for [...]
Adanac Molybdenum Corporation (TSX-AUA) has provided updates with regards to court order protection with a new share structure of 150:1. This new structure will be only on Canada and they will not apply for listing on any stock exchange in the US. Adanac owns the Ruby Creek Project in Northern BC http://www.adanacmoly.com/_resources/news/nr_2011_01_25.pdf
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 [...]
Silvercorp Metals (SVM-TSX, NYSE-SVM) announces that is has an agreement with underwriters such as CIBC and BMO Capital Markets to sell 8,000,000 common shares and the price of $12.70/share. The Offering is available until December 14, 2010. http://silvercorpmetals.com/news/index.php?&content_id=253
Teuton Resources (TSXV-TUO) annouced that it has received preliminary results of a number of magnetic highs were recorded signally possible intrusive bodies http://www.teuton.com/news_centre/press_release/pr_nov-22-2010.htm
Novagold (TSX-NG, AMEX-NG) CEO Rick Van Nieuwenhuyse was recently featured on CNBC talking about the price of gold and the possible mergers in the gold mining industry http://www.cnbc.com/id/15840232/?video=1648255133&play=1
Bravo Gold Corp (TSXV-BVG) recently released results from 4 out of the 11 holes drilled this summer. The drilling program produced both gold and silver at its Homestake Ridge Property in NW part of the province near Atlin and Stewart. http://www.bravogoldcorp.com/en/index.php?page=news&newsid=194
Eskay Mining (TSXV-ESK) announced that it had expanded their drilling program with 5 new significant holes drilled in the Lulu Zone on their SIB claim. The drilling took place on the northern boundary of the SIB claim which abuts the Barrick Eskay Creek property. http://www.kenrich-eskay.com/full_news.asp?nid=65&biraj=News Release
Adanac Molybdenum Corporation (TSX-AUA) have a scheduled court order meeting tomorrow on November 9, 2010 with creditors to consider and vote on the proposed plan of compromise and arrangement (restructuring plan for the company). The court has order that there must be a suitable plan for all to be presented to the court by December [...]
Eagle Plains Resources (TSXV-EPL) is currently operating a drilling program at their Yellowjacket Gold Project near Atlin, BC. This leased property is currently having placer mining activity and has received in July 2009 a permit for open pit mining activity for gold. The company has agreed to with Prize Mining a formal agreement with the [...]
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