News in Brief (October 09, 1989)
Silkridge Resources has changed its name to Aquatech Systems Inc. (AQU:VSE) on a share-for-share basis. Transfer agent is Montreal Trust Company.
News
Gold funds as of Oct 3
MVP BGR Central Capital Net value $11.70 $5.97 $0.55 Price $10.38 $6.00 $0.29 Discount 11.28% 0.5% 47% Value $69,664,932 $100,455,226 N/A…
Papers sought on structural controls
As part of the annual meeting of the Geological and Mineralogical Associations of Canada in May, 1990, there will be an international conference on “Structural Controls on Ore Deposits.” Send offers o…
Barringer to give keynote address
In the symposium scheduled for Nov 20-21 by the Saskatchewan Geological Society, Tonny Barringer will deliver the keynote address titled “Integration of Satellite, Airborne and Ground Data in Mineral …
Correction (October 09, 1989)
Contrary to information published in The Northern Miner last week, a recent report indicating that hole 58 has added 3.8 million tons to the reserve potential at Aur Resources (TSE) and Societe Minier…
Spot prices at a glance Week’s Price (US) Change
Gold*$366.05–$ 3.25 Silver*$ 5.23–$ 0.06 Platinum*$491.70+$ 1.70 Nickel**$ 4.89–$ 0.10 Lead**$ 0.34+$ 0.00 Copper$ 1.30+$ 0.04 Zinc$ 0.76+$ 0.01 Courtesy of Scotiabank. Information above believe…
IOCC GOLD OPTIONS (October 09, 1989)
Options Open SeriesVolumeLastInterest Nov 370 C 69 8.001,998 Nov 380 C 76 3.203,129 Nov 400 C 150 1.002,528 Nov 420 C 129 0.60 650 Feb 380 C 5711.50 496 Feb 390 C 61 6.00 437 May 390 C 219…
Cameco, Uranerz report diamonds in kimberlite find
Cameco and Uranerz Exploration and Mining have made a kimberlite discovery on their Fort a la Corne diamond property 60 km east of Prince Albert, Sask. The joint venture drilled a series of geophysica…
Aur, Louvem stocks perk up as analysts flash buy signals
Investor interest in Aur Resources (TSE) and its copper-zinc massive sulphide discovery in Louivcourt Twp., Que, has perked up again following a series of analysts reports saying the stock is underval…
Letters to the Editor Anchor’s placer potential overlooked
Having renewed my subscription for a second year, I want to tell you how invaluable your publication is to U.S. investors that invest in the mining industry in Canada. I have tried other publications,…
MISA regulations become law for Ontario mines
Ontario’s 67 metal and salt mines which discharge wastewater into lakes and rivers must commence monitoring their wastewater for more than 200 contaminants on Feb 1, 1990. The new monitoring regulatio…
Cusac has results from Cassiar bet
A diamond drilling and trenching program on the Cassiar gold property owned by partners Cusac Industries (TSE) and Total Energold (TSE) has returned some encouraging gold values in a new surface vein….