MONTREAL and QUEBEC CITY – On the eve of their merger, Osisko Gold Royalties and Virginia Mines are bulking up their treasuries. When the merger was announced 10 days go, it was noted that the combined companies will have a market…
MONTREAL and QUEBEC CITY – Osisko Gold Royalties and Virginia Mines have entered into a definitive agreement to combine the two companies, creating a new intermediate royalty company with two Quebec assets. Osisko holds a 5.0% net smelter…
QUEBEC – Beaufield Resources of Montreal has sampled a new showing at its Eleonore-Opinaca property in the James Bay region. Sixteen grab samples were collected, the best of which assayed 1.95% Cu and 28.2 g/t Ag and 0.51 g/t Au. A…
QUEBEC – Virginia Mines of Quebec City has set aside a budget of $7.5 million for its 2014 summer-fall exploration programs at various projects in the province. Work will be done mostly in the James Bay region, Nunavik and at various…
Virginia Mines (TSX: VGQ) made its name, and a fortune, with its Éléonore discovery Quebec’s James Bay territory, but that doesn’t mean that it is done with the region yet.
QUEBEC CITY – Mines Virginia has set a $10-million budget for exploration at several of its properties during the remainder of the year. Most of the work will be carried out in the James Bay area, in the Opinaca-Eastmain, Caniapiscau,…
QUEBEC – Virginia Mines of Quebec City reports the best intersections to date from lens 257 at its Coulon zinc-copper-silver project extension near the Fontanges airport in the James Bay region.
In a new report on junior precious metal explorers that looks at which companies will have the cash to survive the current market and the decline in the gold price, analysts at Macquarie Equities Research predict that exploration programs will…
QUEBEC CITY – Northern Quebec is going to attract a lot of exploration activity this year, if the plans of Virginia Mines are anything to go by. The junior has a 2012 drilling budget of over $20 million. Programs are planned for projects in the…
QUEBEC CITY – Osisko Mining of Montreal leads the list of winners recognized by the Quebec Minerals Exploration Association (AEMQ) at the Quebec Exploration Convention, Nov. 12-24, 2011. The Canadian Malartic gold mine belonging to the company…
QUEBEC – Joint owners of the Consorem project in the James Bay region have formed a four-way joint venture to advance the diamond project. Stornoway Diamond Corp. of Vancouver, Virginia Mines of Quebec City, SOQUEM of Val d’Or, QC, and Aurizon…
Vancouver-based ATW Gold Corp. has appointed Graham Harris its chairman and David Stone its COO.