Goldbelt drilling Casa Berardi bet
An exploration drilling program has started on 48 claims optioned by Goldbelt Mines (VSE) from Jascan Resources (TSE) in Aloigny Twp., near Joutel, Que. The property is situated about 10 miles northwe…
Articles by Northern Miner Staff
Tyranex Gold offering
Aiming for proceeds of $109,620 Tyranex Gold (COATS) is offering one right for every common share held as of Sept. 28. Until Oct. 22, when the rights expire, holders will be entitled to subscribe for …
Reactivated Pamax options Noranda gold properties
Northwestern Ontario will be the focus of an exploration drive by reactivated Pamax Resources (COATS) as it earns an interest in two gold properties in the area. The Rice Bay property, consisting of 2…
U.S. REPORT Gold Standard loses suit against bank
Gold Standard (NASDAQ), the Utah company that is attempting to win back the Mercur gold mine from American Barrick Resources (TSE), recently lost its case against British banking firm Samuel Montagu &…
Metal Prices FREE MARKET (October 01, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date September 25 September 24 September 21 September 20 September 19 Copper 1476-1478 14…
More good values at New World as five drill rigs work full time
Total drilling exploration at the New World copper-gold-silver property in Montana of Crown Butte Resources (TSE) and Noranda Exploration has reached more than 67,000 ft. in 168 holes, the companies r…
U.S. REPORT Fairbanks expanding Fort Knox
Development of the Fort Knox property, near Fairbanks, Alaska, has been accelerated with the addition of two drills. The property, 51% owned and operated by Fairbanks Gold (VSE), now has six diamond c…
Armistice seeks funds for Virginiatown work
Toronto-based Armistice Resources (TSE) says discussions are under way with a group of private investors to raise funds for additional underground exploration on the company’s McGarry Twp. gold proper…
Production at QSL smelter delayed until first quarter, 1991
Production at the new QSL lead smelter in Trail, B.C., will not resume until the first quarter of 1991, Cominco (TSE) reports. Long lead times for equipment and an increase in the scope of work to be …
Alberta Stock Exchange Dingman gains 29 cents
Little-known Dingman Industries doubled to 60 cents on volume of nearly half a million shares after the company said it has finalized a joint venture deal with a Soviet firm to treat arsenical gold co…
GOLDFUNDS2 (October 01, 1990)
MVP BGR Central Capital Net value $10.48 $5.73 $0.31 Price $9.375 $5.375 $0.17 Discount 10.54% 6.2% 45.2% Value $62,424,807 $90,430,613 N/A…
Batachawana survey spurs minor staking
A modest increase in claim- staking activity has been reported in the Batachawana Bay area, north of Sault Ste. Marie, Ont., following the release of an airborne geophysical survey by the Ontario gove…