Metallurgy good at Athabaska play
Initial metallurgical results from testing on drill core from the Nicholas Lake property north of Yellowknife, N.W.T., have been encouraging, Athabaska Gold Resources (VSE) says. Testing completed by …
News
Nugget Pond deal
Bitech Corp. (VSE) and Equity Silver Mines (TSE) have agreed to modify the joint venture agreement relating to the phase one exploration program of the Nugget Pond project in Newfoundland. Under the r…
Pelham sells stake
Pelham Gold “N” Grain (ASE) has sold its interests in the Wonder property in Nevada. Spinnaker Resources, a private company, has acquired Pelham’s contract giving it the right to earn an interest in t…
FUTURES PRICES (July 31, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul115.00 113.30 114.25 + 3.80 Sep113.50 111.30 112.55 — .05 Dec109.20 1??.40 108….
Freewest in Nova Scotia
Freewest Resources (ME) has moved quickly to acquire ground near the Orex Explorations gold play in Nova Scotia. Freewest has staked 45 claims in the Upper Seal Harbour area, approximately two miles w…
Denver hosts Gold Expo
The keynote speaker at Western Gold Expo, to be held in Denver, Colo., Sept 29, will be mineral economist Simon Strauss. The 2-day conference is sponsored by the Denver Gold Group, an organization dev…
Mining Society of N.S. honors John Skotynski
Nova Scotian prospector John Skotynski has been honored with The Mining Society of Nova Scotia Medal for his long and distinguished service to that province’s mineral industry. Skotynski has been pros…
NO HEADLINE (July 31, 1989)
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Toronto Stock Exchange Indices (July 31, 1989)
1989 July 25July 24July 21July 20July 19HIGH LOW Composite “300” 3899.77 3893.83 3901.36 3886.15 3872.64 3901.36 3353.13 Metals & Minerals 3316.10 3295.39 3327.60 3309.61 3308.75 3564.92 32…
Eagle Lake negotiating
Eagle Lake Explorations (ASE) is negotiating the terms of a deal, which if concluded, would lead to drilling on its lead-zinc prospect in the Anvil area of the Yukon. The claims are 12 mi northeast of…
Lord River program enhances potential
Some encouraging results have been reported by Lord River Gold Mines (VSE) from its Trout Creek property, 15 miles southeast of Carlin, Nev. Five holes totalling 2,280 ft were drilled in the central f…
Eastmaque Gold records net profit
Eastmaque Gold Mines (TSE) reported net earnings of $682,225 for the nine months ended March 31. A net loss of 1 cents per share was recorded because of accrued dividends on the 8% outstanding prefer…