Gold funds as of April 18
BGR Goldcorp Central MVP Capital Net value$12.05 % 9.08% 6.51% 0.70 Price$ 9.50 % 4.80 % 5.88% 0.45 Discount$21.16% 47.1 % 9.8% 35.7% Value$71,752,706.16 159,253,000 …
Articles by Northern Miner Staff
Total moves into Idaho
Total Energold Corp. (TSE) has acquired the Gold Star project near Salmon, Idaho. The claims are 15 miles northeast of the Beartrack gold deposit controlled by Meridian Minerals. The Beartrack deposit…
Breakwater aiming to develop Estrades
After Teck Corp. (TSE) paved the way by terminating its 60% back-in right, Breakwater Resources (TSE) reached a deal to earn up to a 70% interest in the Estrades property in the Casa Berardi region of…
Cathedral drill program discovers more reserves
A surface drill program at Cathedral Gold Corp.’s (TSE) Sterling mine property in Nevada has increased geological reserves by 49% to 469,000 tons grading 0.21 oz gold. The mine produced 8,500 oz last …
Encouraging results from Eskay Creek
Some more encouraging assay results have been returned from the Eskay Creek project of Calpine Resources (VSE) and Consolidated Stikine Silver (VSE) north of Stewart, B.C. The holes are part of a 45,0…
Fertilizer feasibility
The Ontario government will explore the feasibility of building a fertilizer plant in northern Ontario which would exploit the region’s phosphate deposits. The study will address a wide range of facto…
Stratmin uncovers gold showing
Drilling has outlined a lengthy gold mineralized area along a portion of the northwesterly trending Montpas shear on the Cossette property in Duverny Twp. in northwestern Quebec, Stratmin Inc. (ME) re…
Asarco installing recovery facility
A new facility to recover silver and gold will be installed at the lead refinery of Asarco Inc. at Omaha, Neb., the company reports. The state-of-the-art precious metals facility will replace an exist…
Metal Prices PRODUCER PRICES (April 17, 1989)
ALUMINUM: MW U.S. Market US93.50- 97.00 cents per lb. (Apr 6, 1989). ANTIMONY: New York dealer 99 cents -$1.01(US) per lb. (Apr 6, 1989). BISMUTH: New York dealer $6.65-$6.75(US) per lb (Mar 9, 1989)….
Varna increases stake in Tilt Cove
Varna Gold (ASE) has signed an agreement allowing it to buy the remaining 30% interest in the Tilt Cove property on Newfoundland’s Baie Verte Peninsula. The interest will be acquired from Gingrich Exp…
PDAC responds to proposed Ontario Mining Act changes
Proving significant deposits exist should not be required to retain title on a mining claim says the Prospectors and Developers Association of Canada. “Work proves mines,” says the association in its …
Placer, Currie Rose make gold discovery
A new gold discovery has been made by Placer Dome Inc. (TSE) and Currie Rose Resources (VSE) on their 10,000-acre property near Laonil Lake, northeast of La Ronge, Sask. The discovery was made after P…