Petromet Sept 19
Exploration data from the Ming West deposit are being assessed before the final part of a $3.8-million exploration program is completed, partners Petromet Res ources (TSE), Newfoundland Exploration (T…
News
Can-Mac Sept. 15
Initial underground sampling of the Mon gold property by Can-Mac Exploration (VSE) has returned high grade gold values which exceed original estimat es, the co mpany says. Acquired from Cominco Ltd., …
Native groups support development plans for Eskay Creek
Officials of Calpine Resources (VSE) recently met with British Columbia native groups and officials from the Department of Indian and Northern Af fairs to discuss development of the Eskay Creek gold p…
Fairbanks drill results impress
Drilling by Fairbanks Gold (VSE) on its 51%- owned Fort Knox property near Fairbanks, Ala., is continuing to return impressive resul ts. The latest are from hole 89-069 which was drilled at a 60 degre…
Montreal Exchange: Seniors most active
Quiet trading marked the week’s activity, with investors who are watching the Louvicourt Twp. copper-zinc massive sulphide discovery caught between drill-hole announcements. At the top of the volume l…
Minnova encounters gold on Diana’s Obatogamau
Partners Diana Resources (VSE) and Minnova Inc. (TSE) have encountered what they are calling a significant gold-bearing zone, at Diana’s 82-claim Obatogamau p roperty near Chibougamau, Que. Eight hole…
Exploration on hold at Lyon Lake project
Assets of Lyon Lake Mines (ME) stood at $10.7 million on June 30, with liquid assets totalling $93,502, the company reports. Additional exploration has been recommended for the Mosquito gold property …
INDICES:TO
Toronto Stock Exchange Indices 1989 Sept 19 Sept 18 Sept 15 Sept 14 Sept 13 HIGH LOW Composite “300” 3900.953899.323896. 323891.163917.014019.623353.13 Metals & Minerals 3660.333698.8…
New Cambior mine honors former Sullivan chairman
The newest producing gold property of Cambior Inc. (TSE) has been officially opened and given a new name: the Lucien C. Beliveau mine. Situated 15 miles east of here just off the main highway, the mi…
September 19, 1989
Shed no tears for Bill James. The former president and chairman of the board at Falconbridge may be among the unemployed now that Noranda and Trelleborg hav e successfully bid for ownership of the n…
Brookbank exploration on track despite suit
Although an on-going legal dispute still overshadows the Brookbank gold property owned by Metalore Resources (TSE) near Beardmore, Ont., a majo r exploration p rogram is quietly under way by Placer Do…
Red Lake Buffalo searching for new ore at Madsen mine
In the hope that new mines can be found in the shadow of old ones, Red Lake Buffalo Resources (TSE) has been busy on a group of claims containing t hree former gold producers. According to President J…