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Tulsequah Chief owner pushed into receivership; environmental issues remain

Tulsequah Chief owner pushed into receivership; environmental issues remain

The owner of the mothballed Tulsequah Chief zinc mine in far northwestern British Columbia was pushed into receivership this week by its major lender, according to court documents and a receiver’s report. The action raises questions about when and how a decades-old problem with acid mine drainage flowing into the Taku…

NBCMining at Sprott Mining Show

NBCMining at Sprott Mining Show

Northern BC Mining is attending the 2016 Sprott Mining Show, held July 26-29th in Vancouver’s Fairmont Hotel Vancouver. The Sprott Show, held in Vancouver since 2004, is attractive to metals-investors from around the world. To quote from the show website, “If you are a serious investor, you shouldn’t miss our…

Chieftain Enters Into Forbearance Agreement And Appoints Financial Advisor For A Strategic Review

Chieftain Enters Into Forbearance Agreement And Appoints Financial Advisor For A Strategic Review

On May 10, 2016, Chieftain Metals Corp. (TSXV: CFB), (“Chieftain” or “The Corporation”), its wholly owned subsidiary, Chieftain Metals Inc. and an investment fund advised by West Face Capital Inc. (“West Face”) entered into a Forbearance Agreement pursuant to which West Face agreed not to exercise its rights under its…

Gold Reach Purchases Historic Captain Mine At The Ootsa Project, British Columbia

Gold Reach Purchases Historic Captain Mine At The Ootsa Project, British Columbia

Gold Reach Resources Ltd. (GRV: TSX-V) (Gold Reach and/or the Company) is pleased to announce it has purchased 2 mining claims that occur internal to its large land holdings at the Company’s 100% owned Ootsa Property in British Columbia. Gold Reach has entered into a purchase agreement with Vernon Seel…

Firesteel Resources And Prosper Gold Close Option And Joint Venture Agreement On Sheslay Property

Firesteel Resources And Prosper Gold Close Option And Joint Venture Agreement On Sheslay Property

TSX Venture Exchange accepts for filing, as Prosper Gold’s qualifying transaction, the option agreement with Firesteel Resources Inc, whereby Prosper Gold can acquire up to 80% interest in the Sheslay property; • Prosper begins drilling and IP survey on the Sheslay property. Vancouver, British Columbia, Canada: September 4, 2013 –…

Canada Zinc Metals Announces Option Deal on Kechika Regional Project – Pie, Cirque East and Yuen Properties

Canada Zinc Metals Announces Option Deal on Kechika Regional Project – Pie, Cirque East and Yuen Properties

Canada Zinc Metals Corp.  (TSX Venture Exchange: CZX) is pleased to announce that  the Company has entered into an option agreement with Teck Resources Limited  (“Teck” TSX: TCK.B) that will see Teck earn into the Company’s Pie, Cirque East  and Yuen properties; three of the 10 regional properties that make…

First Point Minerals Increase Resources at Decar Project

First Point Minerals Increase Resources at Decar Project

First Point Minerals (TSX-FPX) has provided an updated 43-101 resource estimate for the Decar nickel-iron alloy project near Fort St James, BC. The estimate from January 23, 2013 is 1,159.510,000 indicated tonnes with recoverable nickel being 1,437,800 tonnes at 0.124 (%Nil). The inferred is 870,400,000 tonnes with 1,088,000 recoverable at 0.125.…

Chieftain Metals Gets EA Amendment for Tulsequah Project

Chieftain Metals Gets EA Amendment for Tulsequah Project

Chieftain Metals Inc. (TSX: CFB) is pleased to report that the British Columbia Minister of the Environment and the Minister of Energy, Mines and Natural Gas have approved an amendment to the Company’s existing Environmental Assessment (EA), which includes the alternate access road route for the Tulsequah Chief Project near Atlin,…