Business

Sep 11, 2017 @ 17:34   Ross Romano, the newly elected PC MPP for Sault Ste. Marie, asked his first question in the Ontario Legislature today since being elected in June:   “The Ring of Fire is one of the greatest opportunities Northern Ontario has ever seen. And yet, for eleven years since its discovery, this government has claimed that ...

Sep 11, 2017 @ 17:29 Following the devastation arising from Hurricane Irma, FortisOntario has deployed 6 employees to support sister utility FortisTCI in its extensive power outage restoration efforts in Turks and Caicos. Crews have been sent from Canadian Niagara Power, Algoma Power and Cornwall Electric. “Our thoughts are with the people of Turks and Caicos and their families during the difficult ...

Alamos Gold Inc. announced this morning that they will acquire all of the issued and outstanding shares of Richmont pursuant to a plan of arrangement. Under the terms of the Agreement, all of the Richmont issued and outstanding common shares will be exchanged on the basis of 1.385 Alamos common shares for each Richmont common share. The Exchange Ratio implies consideration of C$14.20 per ...

Sep 11, 2017 @ 08:16 Monarques is pleased to announce that it has entered into a definitive agreement with Richmont Mines Inc. pursuant to which Monarques will acquire all of Richmont’s mining assets in Québec.  The assets acquired consist of all of Richmont’s mineral claims, mining leases and mining concessions, including the Beaufor mine, Chimo, Monique and Wasamac properties and ...

Wesdome Gold Mines Ltd. is pleased to update drilling progress in the 300W area of its wholly-owned Eagle River Mine, Wawa, Ontario. Since the up-plunge potential of the 300W area was initially recognized (Press Release dated Sept 15, 2016), drilling has continued to confirm potential (Press Release dated April 27, 2017).  We have now traced the zone 300 metres up-plunge ...

Aug 9, 2017 @ 08:13 Red Pine Exploration Inc. announces new results from three drill holes completed as part of its 20,000m drilling program at the Wawa Gold Project. Drilling highlights for the Minto Mine South Zone include: Extension of the high-grade core of the Minto Mine South Zone laterally and at depth; SD-17-89 averages 8.55 g/t gold over 3.47 ...

Aug 3, 2017 @ 09:23 MacDonald Mines Exploration Ltd. is pleased to provide an update on the on-going exploration program on the Oxide Sands at its Wawa-Holdsworth Project. Highlights from the trenching Program: Oxide Sands observed in trenches over a strike of 1.1 km between TR-600 and TR-1700, expanding the known trend of Oxide Sands by more than 500 metres ...

Aug 3, 2017 @ 09:18 Wesdome Gold Mines Ltd. today announces second quarter 2017 financial results. Mr. Duncan Middlemiss, President and CEO commented, “Over the last year, the operations team has been focused on increasing mined gold grades and developed stope inventory consistently quarter over quarter. The first half of 2017 demonstrates that this work is starting to take effect. ...

  Richmont Mines Inc. has provided an update on the strategic exploration drilling program currently underway at the cornerstone Island Gold Mine. “Our deep directional drilling further confirms the continuation of high-grade, wide zones located in the down plunge extension of the main deposit and we see significant potential to increase mineral resources at depth. Concurrently, we are very encouraged with ...

Jul 19, 2017 @ 08:24 Earlier this spring, the Superior East CFDC in partnership with the Northern Ontario Youth Entrepreneurship Initiative delivered two youth entrepreneurship programs called “Create a Logo” and “Market Your Thoughts”. The programs are designed for students in grades 3 to 8 to help promote entrepreneurship. The Create a Logo program asks students in grades 3 to ...

Jul 19, 2017 @ 08:21   Au printemps dernier, la SADC Supérieur Est ainsi que l’Initiative Entreprenariat Jeunesse du Nord ont à nouveau présenté deux programmes d’entreprenariat intitulés ‘‘Créez un logo’’ et ‘‘Vendez vos idées’’.   Ces programmes sont conçus pour les élèves de la 3e à la 8e année à faire un lien à l’entreprenariat. Le programme Créez un ...

MacDonald Mines Exploration Ltd. is pleased to announce assay results from recent ground sampling of the newly acquired Reed Booth Vein. Results from Sampling Program: Grab sample* containing 13.7 g/t gold collected adjacent to the newly acquired Reed-Booth showing Grab samples* containing 4.77 g/t and 6.0 g/t gold collected from float at the main Reed-Booth showing; considered representative of the ...

Jul 12, 2017 @ 08:13 Northern Policy Institute is pleased to announce the State of the North Conference taking place September 27th and 28th in Timmins, ON.   State of the North is an annual conference that brings together members of the general public, decision makers, community leaders, experts, and innovators to explore the state of Northern Ontario from an economic, social, and environmental ...

An exciting business experience awaits youth between the ages of 9 and 13.  They will participate in a 5-day summer camp unlike any other in our region. Wawa Youth Enterprise Camp, brought to you by Head Start in Business and sponsored by Regional CFDCs, FedNor, Ontario Trillium Foundation, Northern Ontario Heritage Fund Corporation and other corporate sponsors, is a one-of-a-kind business day camp, ...

Jul 7, 2017 @ 07:52 MacDonald Mines Exploration Ltd. announces that it has completed a surface Max-Min EM survey on its Wawa-Holdsworth Project. The survey was conducted to map the extent of the gold-bearing Oxide Sands. The Company has begun exposing the Oxide Sands for sampling at different locations along strike identified by the EM survey. Quentin Yarie, MacDonald’s President ...