Onitap fights back
Onitap Resources (TSE) has hired legal counsel to defend itself against Exploration Orex (TSE), which is claiming damages for breach of trust, breach of fiduciary duty and injurious falsehoods at the …
News
Toronto Stock Exchange Indices (September 17, 1990)
Sept. 11 Sept. 10 Sept. 7 Sept.6 Sept. 5 HIGH LOW Composite “300” 3272.24 3287.65 3287.02 3312.80 3333.19 4009.47 3272.24 Metals & Minerals3005.41 2984.24 2976.62 2987.08 3032.76 3453.06 2850.84 Integ…
19 million tons outlined on Goldex Extension
Partners Goldex Mines (TSE) and Ormico Exploration (ME) have successfully increased the mineral inventory at the Goldex Extension zone to 19.4 million tons grading 0.070 gold per ton. An underground e…
Time running out on Lencourt’s option
Its a race against time as Lencourt (TSE) seeks formal approval from the Zaire government to purchase a Zairean mining company. Lencourt’s option to purchase a 72% interest in Sominki, a tin and gold …
Big Springs showcase for Nevada mining
The Big Springs gold mine 60 miles north of this thriving community isn’t the newest or the largest mining operation in the state. It does, however, have the unique distinction of being the first hard…
Production and costs up at Eastmaque’s Kirkland Lake project
A record 2,100 oz. of gold was produced at Eastmaque Gold Mines’ (TSE) Kirkland Lake tailings project in August, following declining production in the second quarter. Lower plant feeds and metallurgic…
Sutton earns interest in African nickel bet
Vancouver-based Sutton Resources (VSE), through an agreement with Romanex International, has acquired the right to earn a controlling interest in a large nickel deposit in western Tanzania. By spendin…
COATS (over-the-counter) Pelangio finds more gold
Five new gold showings on the North Spirit Lake property, 100 miles north of Red Lake, Ont., have increased the extent of gold occurrences on the property to at least 650×5,000 ft. Pelangio-Larder Min…
Vancouver Stock Exchange Vancouver Stock Exchange sinks to new lows
In a word; sick, or in two; very sick. The Vancouver stock market is suffering from a case of the jitters and it if had a head coach that person would very likely be looking for another job. The Vanco…
Sampling resumes at Cochenour Willans
After a one month delay, Inco Gold, a unit of Inco (TSE), has resumed its underground exploration and bulk sampling program at the Cochenour Willans mine site near Red Lake, Ont. The $4.6 million prog…
Spot prices at a glance (September 17, 1990)
Week’s Price (US) Change Gold* $380.65 — $3.95 Silver* $4.80 + $0.04 Platinum*$455.45 — $29.05 Nickel** $5.41 + $0.45 Lead** $0.39 $0.00 Copper- $1.54 + $0.22 Zinc– $0.73 + $0.02 Courtesy of Scotia…
Sphinx heap-leachs gold in Quebec
Mention heap leaching and a person immediately thinks of the southwestern United States, where large tonnage, low-grade deposits are being mined year-round to yield relatively inexpensive gold. North …