PRODUCER PRICES (July 11, 1988)
ALUMINUM: MW U.S. Market $1.20-$1.29 per lb. (June 30, 1988). ANTIMONY: New York dealer $0.95-$1.00 per lb. (June 30, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New …
News
Mark V takes second look at Bagdad prospect results
Still without a permit for a mining operation, Vancouver-based Mark V Petroleums and Mines (VSE) has received more encouraging results from the Bagdad gold project in Granite Cty., Mont. With a 200-to…
Pioneer program at Bonito yields good gold intercept
Exploration drilling at Pioneer Metals’ (TSE) Bonito gold/silver project in New Mexico returned 100 ft of 0.18 oz gold in the Blue Front zone. Drilling is continuing and 12 holes totalling 2,800 ft ha…
VSE takes steps to beef up surveillance with consultant
Saddled with an image problem that fluctuates much like the stock market, the Vancouver Stock Exchange is moving decisively to beef up its market surveillance system. The exchange recently commissione…
News in Brief (July 11, 1988)
Bart Resources has changed its name to Thermo Tech International Inc. (TTJ:VSE) on a share- for-share basis.
Normetal completes six holes at Bassignac
A 6-hole drill program has been completed by Normetal Mining Exploration (ME) at its Bassignac property in Destor Twp., in northwestern Quebec. Four holes intercepted gold values, the company reports….
Holmer to accelerate drilling on advanced exploration bets
The sale of 300,000 flow-through shares at $1 per share to Northgate Exploration (TSE) has enabled Holmer Gold Mines (ASE) to accelerate exploration at a couple of advanced exploration programs in Ont…
The tin metal scheme that went wrong
A 29-year effort to “stabilize” tin prices collapsed in 1985, causing enormous financial losses by banks and metal dealers, some Canadian. The price plunged steeply. What happened? The first Internati…
GOmni results from Kuhn zone show impressive gold values
A sub-level drifting program in the Kuhn zone at Omni Resources’ (VSE) Skukum Creek project 30 miles south of Whitehorse has yielded some impressive gold values. The company notes that drifting along …
Placer Dome terminating Claude option agreement
Placer Dome Inc. (TSE) has terminated its option agreement with Claude Resources (TSE) which saw the former company spend $8 million on Claude’s Seabee gold project. Located northeast of La Ronge, Sas…
Roddy hopeful of increasing Bighorn reserves
A $500,000(US) exploration program designed to increase reserves at or near the Bighorn property in Arizona has been approved by the board of directors of Roddy Resources (TSE). Current reserves stand…
Vancouver Stock Exchange Quiet times in a lethargic market
Investor interest in speculative stocks has waned dramatically but development-type situations with defined production potential have been doing better. Overall, however, the market could only be desc…