Greenstone drills two base metal properties
Drilling has commenced on two of Greenstone Resources’ (TSE) main base metal properties in Quebec and British Columbia. The company has two drills at work on its Scott Lake property, held jointly with…
News
Golconda acquires third Oregon bet
An agreement has been signed between Calgary-based Golconda Resources (ASE) and Manville Sales whereby Golconda can acquire the Meadow Lake gold property in eastern Oregon. Manville Sales is a unit of…
Aur seizure improper: court
Montreal-based St. Genevieve Resources (TSE) appears to have won the first round in its legal fight with Aur Resources (TSE) for control of about 8.4 million shares of Societe Miniere Louvem (TSE). A …
People (January 15, 1990)
FALCONBRIDGE — George Reed retired as vice-president and general manager after more than 32 years of service.
Westar Mining object of market speculation
Is a restructuring, redemption, or all-out takeover at hand for holders of preferred shares of Westar Mining (TSE)? Recent market action would suggest that the street thinks something is in the works….
VSM and Serem option Orient bet
An option to acquire a 60% interest in the Grevet property of Ressources Orient (ME) near Matagami, Que., has been reached in principle with Serem Quebec and Exploration VSM (ME), Orient reports. The …
Analysts remain bullish on gold in 1990
The price of gold closed last year at about the same level as it started, around US$400 per oz. As heartening as that may be to some, the real story is the precious metal spent most of the year tradin…
Vancouver Stock Exchange Metals prices get close watch
With the equity markets in a back-to-business mode after the holiday season, brokers and investors are keeping a close eye on prices for precious and base metals. Gold prices appear to be once again b…
Mineral Deposits of Europe subject of 4-book series
The final volume in a four-book series entitled Mineral Deposits of Europe is now available from London’s Institution of Mining and Metallurgy. The 454-page book combines the fourth and fifth volumes …
Potential 2-million-ton deposit Freewest, Noranda discovery
Joint venture partners Freewest Resources (ME) and Noranda Exploration, a unit of Noranda (TSE), have reported more encouraging assay results from their gold project in Harker and Holloway twps., 70 m…
Obituary John Cole
John Younglove Cole, mining executive and lawyer, died recently in Redwood City, Calif. He was 89. Cole, a mining developer since 1925, discovered and staked the Cole gold mine, thus contributing to t…
Aur drops Turner-Albright after metallurgical tests
Over the next few weeks, Savanna Resources (ASE) will attempt to answer some of the questions regarding its Turner- Albright massive sulphide project in southern Oregon. After receiving results of met…