Bay, St. Genevieve in financing deal
A financing agreement has been entered into by Bay Resources and Services (ASE) with St. Genevieve Resources (TSE) whereby St. Genevieve will spend $150,000 by March 1, 1991, on Bay exploration proper…
News
BP reports base metal find on property in Newfoundland
A new base metal discovery has been reported by BP Canada (TSE) on the company’s Daniel’s Pond prospect, about 20 km south of Buchans, Nfld. Although still at an early stage of exploration, the new ma…
Vancouver Stock Exchange Prime, Stiking make impressive gains
The Vancouver Stock Market seems to have lapsed further into a state of lethargy with the composite index slumped at the 750 level. There appears to be far more excitement taking place away from the c…
Prime Res. has good assqays on Eskay Creek metal project
A number of spectacular assay results for both precious and base metals were reported by Prime Resources Group (VSE) from recent drilling on the 21B deposit at the Eskay Creek project north of Stewart…
Heenan Senlac assets sold to Laurasia
Despite objections from at least two shareholders, a resolution concerning the sale of all assets of Heenan Senlac Resources (TSE) was recently passed at a special meeting of shareholders. As part of …
Sun River, Bre-X plan production at Arizona property
Based on a recent letter of agreement, Sun River Gold (VSE) and Bre-X Minerals (ASE) plan to form a joint venture to place into production the United Western gold mine project near Oatman, Ariz. In or…
Lithium shares quadruple on Oxford Lake drilling results
Based on recent drilling results from Noranda’s (TSE) Oxford Lake properties in Manitoba, the Rusty gold zone discovered last year appears to be continuing downdip. Narrow zones of mineralization, inc…
Books in Review MEND reports on sulphide waste control Technical
The reports detail results from projects completed in 1989. “Field sampling manual for reactive sulphide tailings,” a new report prepared by Canect Environmental Control Technologies, gives the method…
Letters to the Editor (April 23, 1990)
I read with interest your editorial “Focus on Canada’s potential” (March 19/90) and the coverage of the Prospectors and Developers Association of Canada’s Latin American push. With the recent push tow…
St. Genevieve in Scintilore deal
A subsidiary of Montreal-based St. Genevieve Resources (TSE) has signed an option agreement allowing it to earn up to 50% of Scintilore Exploration’s (TSE) P-T gold-base metal property in Quebec’s eas…
ERG suspended from TSE trading
Struggling ERG Resources (TSE) was recently suspended from trading on The Toronto Stock Exchange because, the company says, its current financial condition does not meet the exchange’s requirements. T…
Gold funds as of Apr. 3 (April 16, 1990)
MVP BGR Central Capital Net value $11.65% %$5.93% $0.39% Price $10.375% %$6.125% $0.24% Discount 10.94% %3.3% 38.5% Value $69,385,546 $103,048,838 N/A…