Gold funds as of Nov 22
BGR Goldcorp Central MVP Capital Net value $12.33% 9.36 7.29 1.03 Price $10.125% 6.250 6.12 0.67 Discount $17.88% 33.3% 16.0% 35.0% Value $73,395,449 164,…
1988
Gamsan drilling Brabant Lake bet
Edmonton-based Gamsan Resources (ASE) has raised $317,000 for drilling on its Brabant Lake polymetallic property in Saskatchewan. Gamsan says an initial 1,000-m drill program will be under way soon on…
Silverado starts up Alaskan gold project
Mining of ore from the newly stripped Ready Bullion shear structures is under way at its wholly- owned Grant gold project in Alaska, Silverado Mines (VSE) reports. The project is located on Ester Dome…
Hecla Mining announces third quarter earnings
Hecla Mining reports earnings of $3.4 million(U.S.), or 12 a share, in the third quarter of 1988, bringing year-to-date earnings to $11.3 million, or 42 a share. This compares to earnings of $9.6 mil…
Calcined lime interests Aster
A decision to concentrate its efforts on the production of calcined lime from its Portage-du-Fort property in the Ottawa River region of Quebec has been taken by Aster Exploration (ME). The company se…
Letters to the Editor Seabright relationships clarified
Two letters concerning your reporting of mineral exploration activities in Nova Scotia (N.M., Oct 24/88) prompted this letter. Having recently moved to Thailand my main source of news about current de…
Access road to aid in development of Jualin property
Now that a 5.5-mi access road to the Jualin gold property in Alaska has been completed, partners International Curator Resources (VSE) and Granges Exploration (TSE) say work will continue year round a…
Books in Review Canadian Institute of Resources Law
The Reference Guide to Mining Legislation in Canada is a revised and updated version of a publication that the Canadian Institute of Resources Law first produced in 1985. That publication had its orig…
Demand for skilled miners continuing
While firmer metal prices have been stimulating Ontario’s mining industry recently, demand for skilled underground miners has also been continuing strong. According to a representative for the United …
Editorial Added bureaucracy
Quebec Mines Minister Raymond Savoie has been openly critical of the Canadian Exploration Incentive Program, the federal government program that changes flow-through share investment benefits from a t…
Sun Valley rehabilitating United Western mine shaft
Rehabilitation work is under way at Sun Valley Gold Corp.’s (VSE) United Western project near Oatman, Ariz. The Arizona Central Shaft is presently being refurbished to allow access to existing undergr…
Bitech Energy drill results
Additional drill results from Bitech Energy Resources (ASE) continue to confirm the significance of the company’s gold discovery at its Nugget Pond property near Betts Cove, Nfld. Discovered earlier…