Huntington results return low values
Another eight drill holes have been released by Huntington Resources (VSE) for its Brett property near Vernon, B.C. Two out of eight holes returned no significant assays and values in the remaining …
1988
Pamorex/Queenston sign Beaver deal
Pamorex Minerals (TSE) has signed a letter of intent to earn a 51% interest in Queenston Gold Mines’ (TSE) Upper Beaver mine gold property. Located about 15 miles east of Kirkland Lake, Ont., the Uppe…
Athabasca find looks interesting
A gold discovery has been made by Athabaska Gold Resources (VSE) on its Nicholas Lake property 60 miles north of Yellowknife, N.W.T. The property is geologically similar to the old Discovery mine six …
Editorial Why not sell water?
How often has it occurred to some would-be entrepreneur that if there was a way to bottle the pure, fresh air of a spring morning in the great Canadian outdoors, they would be a millionaire. There’s a…
TSE Short Positions (November 21, 1988)
Semi-monthly report as of Oct 31 showed 26,749,239 shares of 615 issues compared with 25,740,158 shares of 592 issues on Oct 15. Larger individual positions include: Amca Int’l 148,700; Amer Barrick 9…
Louvem financing
The issue of rights to its holders of common shares for the sub- scription of flow-through shares amounting to $1.3 million will not proceed, Louvem Mines (TSE) reports. Instead, the company has accep…
Eastmain drill program starts
A $225,000 flow-through share placement completed by Eastmain Resources (TSE) will fund exploration on properties held 100% by the company in the East main area of northern Quebec. Drilling is schedul…
Interest in Mountain West tied to Goldfields find?
Mountain West Resources (VSE) has received several unsolicited expressions of interest about its Elkhorn property in Nevada since Homestake Mining dropped its option earlier this year. Funded by Homes…
Toronto Stock Exchange Dull trading takes its toll on composite
A bout of dull trading hammered the market today, clipping 35.13 pts of the index which closed at 3,209.82 pts. For the week, the index is off more than 50 pts. U.S. dollar woes, free trade concerns a…
Manson Creek private placement
A private placement agreement has been signed between Manson Creek Resources (VSE) and Golden Rule (TSE) where Golden Rule will purchase up to one million units of Manson Creek at a price of 40 per un…
Mispec Res. on ME
Recently listed for trading on the Montreal Exchange was Mispec Resources (symbol MPE) of Saint John, N.B. Mispec, incorporated in 1986, owns mining rights to three New Brunswick properties: in the Ca…
United Pacific Gold completes Phase II at Golden Zone
Preliminary assay results from a recent surface drill program on the Golden Zone project in south-central Alaska were released by operator, United Pacific Gold (VSE), a semi-independent exploration su…