Bentley tries to sell Bagdad Chase mine
Bentley Resources (VSE) is negotiating the sale of its interest in the Bagdad Chase project in San Bernardino, Cty., Calif., to what it describes as a “major U.S mining company.” But the sale is condi…
1988
Alberta Stock Exchange Twin, Louisiana active
A number of Alberta issues eased themselves out of the summer doldrums to post some substantial gains during trading this week. Leading the way were Twin Gold Mines and Louisiana Mining. They both add…
Editorial We’re way behind on market regulation
We in this country are subjected to essentially the same market forces — including the excesses and abuses — as are our big neighbors to the south. Yet all too often we follow but lag behind their r…
Messeguay reserves
A mineral reserve (probable and possible) of at least 541,300 tons grading 0.12 oz gold per ton is indicated to date for zone 75 at the Launay-Privat property located 30 miles northeast of Rouyn-Noran…
Michele deal ended
An option agreement between Michele Gold Mines (VSE) and Cathedral Gold Corp. (TSE) has terminated. Under the agreement, Michele had the right to earn a 49% interest in Cathedral’s Addington gold prop…
Investment comment Falconbridge issue expected to lag
Riding on some of the healthiest commodity prices seen in recent years, Falconbridge Ltd. (TSE) went into fiscal 1988 in what can only be described as sterling financial shape. The Toronto-based nicke…
Sharp increase in quarterly profit for Noranda Inc.
Earnings for Noranda Inc. (TSE) continue to sparkle. The resources giant recorded a second-quarter net income of $186 million on total revenue of $2.3 billion, compared with $103 million on revenue of…
Santana to test airborne gas detector over Nevada
Explorationists may soon have at their disposal a powerful new method of remotely detecting mineral deposits. The instrumentation is being developed by Skyborne Exploration Canada, which is 51%- held …
Rio ’89 meetins
A call for papers has gone out for the 13th International Geochemical Exploration Symposium and the 2nd Brazilian Geochemical Congress slated for Rio de Janeiro Brazil, Oct 1-6, 1989. Sponsors of the …
People (July 25, 1988)
HUDSON RESOURCES — Peter Haladin acting as president and director due to the resignation of Joseph Balint.
Cominco options Tom from Hudson Bay M&S
Cominco Ltd. (TSE) has concluded an agreement with Hudson Bay Mining & Smelting (TSE) to explore the latter’s Tom lead-zinc property in the Yukon. The Tom property is located on the Canol Road, close …
Spectacular results bode well for Muscocho group’s Magnacon
Partners Flanagan McAdam Resources (TSE) (50%), Muscocho Explorations (TSE) (25%) and Windarra Minerals (VSE) (25%) have announced a flurry of drill ** results from the Magnacon property which can on…