New gold mine in Chile will boost TVX output
Not only is Consolidated TVX Mining (TSE) determined to be a low-cost producer, but the Toronto- based firm has designs on becoming the largest gold-mining company in South America. TVX, whose share o…
News
News in Brief (July 04, 1988)
West Delta Resources has changed its name to International Delta Resources Ltd. (IDQ:VSE) on a 1-new-for-3-old share basis.
Jilbey options two big blocks
Alberta-listed Jilbey Industries has acquired an option to earn a 50% interest in two large blocks of gold exploration claims: one in the Larder Lake and one in Sudbury area of northern Ontario. The 2…
Pine Point raises interest in Cominco’s Polaris mine
With zinc prices at record levels, Pine Point Mines (TSE) has exercised its option to purchase a further 12% interest in Cominco Ltd.’s (TSE ) Polaris mine. Located on Little Cornwallis Island in the …
Letters to the Editor Gold price being manipulated?
Having been an observer of the gold scene for many, many years, I thought it was about time I got something off my chest. The price of gold is being artfully manipulated. It has been for several years…
Lenora focuses on Sask. project
The Beaverlodge gold area of northern Saskatchewan is the current focus of exploration attention of Lenora Explorations (TSE), President Robert Kasner said at the annual meeting. A feasibility study i…
Cambior gold loan provides Nova-Cogesco with Silidor funding
An $8-million gold loan is being arranged by Nova-Cogesco Resources (TSE) with Cambior Inc. (TSE). Proceeds of the loan, at the agreement-in-principle stage, will be used to finance Nova-Cogesco’s sha…
Heenan drilling for platinum
While the focus of Heenan Senlac Resources (TSE) is currently on oil and gas developments in Saskatchewan because of the rapid cash payback, it is still very much involved in mineral exploration and i…
Alberta Stock Exchange Big traders lose out
A number of Alberta gold issues suffered as the price of gold dipped from $441 to $434(US) per oz in response to a reduced outlook for inflation. One of the biggest casualties was the International Ba…
Vista drill results
A 5-hole drill program has been completed by Vista Mines (TSE) on the company’s Bootleg property near Creighton, Sask. The drill program tested the Rio deposit below a depth of 500 ft. Hole 130 cut a …
HSK boosts property holdings
A further 200 claims have been added to the holdings of HSK Minerals (TSE) in the Kirkland Lake area, shareholders were told at the recent annual meeting, making the junior-mining company a major prop…
Total Erickson Res. in Getty merger
A proposed merger between Total Erickson Resources (TSE) and its affiliate Getty Resources (TSE) will result in the creation of a new company called Total Energold Corp. The new entity will have conso…