News

Aber drilling NWT base metal bet (December 18, 1989)

A drill program by Aber Resources (VSE) is under way on the Victory Lake base metal prospect 40 miles east of Yellowknife, NWT. President Grenville Thomas said the objective is to prove up further dep…


Montreal Exchange Trading picks up

Trading volumes were higher and the market direction definitely positive for the week ended Dec 12. The general market portfolio index jumped 31.4 points during the report period and the mining and mi…


Open attitude

The more open attitude toward foreign investment in the Soviet Union provides some interesting opportunities, and where there are opportunities, you’ll find Canadian mining companies. One of Canada’s …


Bema’s Chilean deposit could be a big one

A drilling program has been completed on the Refugio gold-copper porphyry deposit 50% owned by Bema Gold (TSE). Bema is earning the 50% interest in the property from Cia Minera Refugio by funding expl…


Placer, Currie program

Placer Dome (TSE) plans to begin a $500,000 exploration program in January on two properties held under option from Currie Rose Resources (VSE) in Saskatchewan. The mapping and drilling program will f…


The gloves are off again at Dome Mountain

Old wounds do not appear to heal easily. After a short truce, under which a new joint venture agreement was signed, Teeshin Resources (VSE) and Canadian-United Minerals (VSE) have rekindled a fight wh…


San Paulo stops work at Leitch

Exploration work has been discontinued at the Leitch gold mine project near Geraldton, Ont., San Paulo Explorations (ASE) says. Held under joint venture from Teck Corp. (TSE), the exploration effort w…



Varna, Nfld. Goldbar agree to Glover deal

Privately owned Maritime company Newfoundland Goldbar Resources agreed recently to earn a 40.1% stake in Varna Gold’s (ASE) Glover Island gold claims in central Newfoundland. Goldbar will act as opera…


Coughlan hearing scheduled for Jan 22

The Ontario Securities Commission has issued a notice of hearing to Terence Coughlan to appear before the commission Jan 22. The notice refers to allegations that Coughlan, as president of Seabright R…


Teck to drill Iron Mask

A reverse circulation drill program by Teck Corp. (TSE) is planned for the Iron Mask copper-gold project 20 km west of Kamloops, B.C. As operator, Teck can earn a 50% joint venture interest in the 4,5…


Mono seeks funds for gold property

A $1.7-million exploration program has been recommended for Mono Gold Mines’ (VSE) Bannockburn gold project, in Madoc Twp., north of Belleville, Ont. The Vancouver-based company has been exploring the…


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