Metal Prices FUTURES PRICES (April 11, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Apr 107.00 107.00 107.00 + 3.00 May 107.00…
News
Atlantic Report Stratabound gets polymetallics
Stratabound Minerals of Calgary recently acquired two New Brunswick properties in the Bathurst camp containing substantial reserves of copper, cobalt, gold, silver, lead and zinc. The Captain and Tayl…
Market info added
For the benefit of our market- oriented readership, all highlighted company names appearing in stories will be followed by a two- or 3-letter designation identifying the stock exchange on which the co…
Talisman hole down-dip
Talisman Mines says that a strong intersection completed by Placer Dome Inc on a gold property is not as encouraging as was initially believed. The 20-m section which graded 6.7 g gold per tonne (0.19…
Placer Dome and Fairfield conclude option agreement
After negotiating with several majors, Fairfield Minerals (VSE) has concluded an option agreement for its Oka and Elk properties with Placer Dome (TSE). Located in the Okanagan region near Peachland, …
Giant Bay begins drilling Bering Sea placer project
Another innovative mining practice has attracted the attention of Giant Bay Resources (TSE). One of the pioneers in bioleaching refractory gold ore, the company has turned its attention to exploring o…
COATS Trading Features (April 11, 1988)
Tarzan Gold continued to be a volume leader this week, trading more than 90,000 shares. The price, which is almost double the original issue price of 75 cents was $1.65. The company has a large portf…
Int. Coast Minerals drills B.C. gold bet
International Coast Minerals (VSE) has started a $340,000 drilling, trenching and sampling program on its Bear gold prospect in the Kennedy River area west of Port Alberni on Vancouver Island. The com…
Vancouver Stock Exchange Prime tight-lipped over NAM bid
It looks as if Murray Pezim’s Prime Capital will sit tight for a while to see where the cards fall in its takeover (via a private placement) attempt for North American Metals. (A gremlin crept into ou…
Editorial Takeover binge looms for juniors
With the winding down of flow-through financing and stiffening taxes on capital gains, raising of risk capital in this country is bound to become more difficult. Hardest hit by these latest untimely a…
High grade assays for Can-Mac
High grading assays have been received by Can-Mac Exploration and Glen Auden Resources from their gold properties in the Swayze area south of Timmins, Ont. Stripping on the Topboot Lake property has e…
Audrey’s Mobrun lens guarantees new mill
Partners Audrey Resources (TSE) and Minnova Inc. (TSE) have turned up yet another important discovery at the Mobrun polymetallic mine near Rouyn-Noranda, Que., The Northern Miner has learned. Operator…