News


News in Brief (July 17, 1989)

Goldways Resources Inc. (GWY:VSE) has subdivided the company’s common shares on a 4-new-for-1-old share basis. Transfer agent is Montreal Trust Company.


INSIDER TRADES (July 17, 1989)

Belore — Merbank Capital sold 100,000 (June, private) @ 25 cents to hold 400,000. Dundee-Palliser — S. Fenton sold 54,500 (May, amended) to hold 1,500. Gldn Tanager — H. Hodge bought 500,000 (June)…


Deep drilling returns good results at Polaris-Taku

Several holes drilled at significant depths below the previous mine system returned good gold values at the Polaris- Taku mine project located in the Tulsequah River area of northwestern British Colum…


Cartier buys stake in Louvicourt bet

Exploration is scheduled to begin soon on a group of 19 claims beside the Aur Resources (TSE), Societe Miniere Louvem (TSE) massive sulphide discovery east of Val d’Or, Que. Cartier Resources (TSE) ho…


Alberta Stock Exchange (July 17, 1989)

Some encouraging results from the Bryndon Ventures, Antelope Resources joint venture at Rossland, B.C., were sufficient to spark a 20 cents increase this week in the value of Bryndon’s share price. I…


Letters to the Editor Checkin’ the ‘rithmetic

In the second section of The Northern Miner of June 19, there is a speech by Frank Duval concerning the Montana silver mine near Troy, Mont. Mr. Duval’s arithmetic is off regarding the value of the or…



Drilling hits high grade gold in Rossland camp

Project operator Antelope Resources (VSE) has intersected an impressive 7.1 oz gold per ton over an estimated true width of 8.4 ft at a depth of 150 ft in an untested area on the Iron Colt claim near …



Spot prices at a glance (July 17, 1989)

Week’s Price (US) Change Gold* $379.50 +$ 1.10 Silver* $ 5.25 –$ 0.01 Platinum* $508.50 +$ 0.40 Nickel** $ 5.44 –$ 0.09 Lead** $ 0.31 +$ 0.01 Copper- …



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